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CIM Invites Swedish Business to Make, Design and Export in India
Oct 13, 2017

“Make in India isn’t just manufacturinoIndia Week held in Mumbai in 2016. Mr Prabhu also met with companies at the India-Swedish Business Leaders’ Roundtable.

The minister also addressed a session on startups.

HE Ms. Ann Linde, Minister for Foreign Trade and EU Affairs, Government of Sweden, highlighted importance of GST to make India a common market. She highlighted the importance of investment protection, opportunities of investing in the workforce and increased potential of women in workforce. She noted that “Sambandh” is a shared word for India and Sweden meaning “connection.”

Mr. Jan Salestrand, State Secretary to the Minister of Defence, Government of Sweden, said that defence manufacturing represents a strong area of bilateral cooperation.

Shri Devendra Fadnavis, Chief Minister, Government of Maharashtra, emphasized that Maharashtra is home to 80 Swedish companies and presents opportunities for investments in several key areas.

Shri R V Deshpande, Minister of Industry, Government of Karnataka, highlighted advantages of Karnataka and steps for conducive business environment.

Top CEOs, including Mr. Leif Johansson, Chairman, Ericsson and Astra Zeneca; Mr Alrik Danielson, President and CEO, AB SKF; Mr Carl Bennet, Chairman, Getinge, Elanders and Lifco; Mr Magnus Brännström, Chief Executive Officer and President, Oriflame; Mr Henrik Gunnerling, Global Head of Purchasing, IKEA, and others shared their positive experiences in India and urged businesses to explore India as their next investment destination.

Invest India (Startup India) signed MoU with Founders Alliance. As the first step of the MoU implementation launched Sweden India Startup Sambandh for higher cooperation between two countries.

Stockholm

12 October 2017

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