Jan Theesleff, Ambassador of Sweden in India, said on Tuesday that economic ties between two nations are growing rapidly, reflecting the additional strengths and mutual benefits of partnership.
“Our cooperation is focused on the future, anchored in innovation, green transition and sustainability. When we refer to 20 years of scientific and technological cooperation, we are proud to be able to manage common breakthroughs, space techniques, life sciences and e-mobility in National Capital 9 September.
The event emphasizes the growing business, investment and innovation opportunities between India and Sweden and underlines the deepening strategic cooperation between Swedish and Indian companies.
“I want to commit myself today. We should double and actually triple trade and investment between the two nations,” TheShleff said at the event.
280 Swedish companies
According to the Swedish issues of the embassy, more than 280 Swedish companies are currently operating in India, which actively contributes to the economic and sustainability of the country. These companies employ more than 220,000 people directly in India, while another 2.2 million people are indirectly employed, especially through investment in local production and sources.
Sweden also introduced the event as a leader of global innovation and emphasized opportunities for cooperation in science, technology and sustainability.
Sven Östberg, the general consul of Sweden in Mumbai, was also present at the event.
“Permanent Business Sambandh”
“More than 100 out of 280 or more Swedish companies operating in India have created a strong presence in West India. This permanent trade Sambandh, rooted in the age of 20, at the arrival of Swedish pioneers such as SKF, Tetra and Alfa Laval in Pune, has become stronger over the decades,” he said.
Our cooperation is oriented to the future, anchored in innovation, green transition and sustainability.
India – Sweden Relationships are bilateral links between India and Sweden. Sweden recognized Indian independence from the United Kingdom in 1947 and both nations followed formal diplomatic relations in 1949
Indian bilateral trade in India increased from $ 2.86 billion in 2016 to $ 6.96 billion in 2024.
(Tagstotranslate) India Sweden Relations
