A high-level delegation led by Sweden’s Ambassador to India Klas Molin, comprising Consul General of Sweden to Mumbai Anna Lekvall, Trade Commissioner Cecilia Oskarsson, General Manager of the Swedish Chamber of Commerce to India Sara Larsson and Counsellors for Science & Innovation and Trade Per-Arne Wickström and Markus Lundgren will be in Sweden on a weeklong roadshow titled Time for India.
The delegation will be joined by India’s Ambassador to Sweden & Latvia Tanmay Lal and Chairman of Sweden India Business Council Håkan Kingstedt.
Time for India is a series of breakfast seminars which will provide insights into India with a comprehensive update on different sectors and markets, discuss opportunities and exchange notes on how to strengthen India business strategies considering recent economic developments. The aim is to address the many opportunities that are available for Swedish companies in India and for Indian companies in Sweden.
Ahead of the campaign Molin said, “ Time for India is a part of an ambition shared by Sweden and India to strengthen and increase bilateral trade and investments, something our Prime Ministers as well as our Ministers of Commerce Piyush Goyal and Anna Hallberg have tasked us to do. Our goal is to increase investments, opportunities, employment and the flow of goods and services between our countries.
“During the roadshow, we will highlight the many opportunities that are available for Swedish companies in India and for Indian companies in Sweden. We will meet with representatives of the private sector, government and other decisions makers to discuss trade and investment, how to facilitate further business collaboration and how Team Sweden and Team India can assist in the process.”
The delegation will travel from Stockholm to Luleå to Göteborg to Malmö and back to Stockholm for a final seminar on investing in India by the Indian Embassy in Sweden.
Oskarsson said, “In the last few months as Trade Commissioner for Business Sweden in India, I have seen the potential for collaboration and investments remains substantial. The Indian government has brought most of the key infrastructure sectors in India under eligible sectors that can have 100% FDI under the automatic route. The new master plan aims to boost employment opportunities, make interconnectivity between road, rail, air and waterways more efficient, and improve industrial productivity. It also aims to help India become a manufacturing hub, attract foreign investors and raise the possibility of future economic zones through multimodal connectivity that provides manufacturers faster access to domestic and international markets. It’s certainly time to invest in India!”
More than 200 participants have registered for the campaign.
Source: Economic Times