Confederation of Indian Industry (CII) constituted the CII Regional Committee on Nordic Region with the objective of promoting greater engagement between India and the Nordic Countries. With the objective of identifying key bottlenecks impacting business and trade relations between India and various Nordic countries as well as suggest initiatives (at the government and industry level) to overcome these CII along with Avalon Consulting undertook the study on “Accelerating Economic Engagement between India and Nordic Region”.
The report gives an overview of the challenges being faced by Indian exporters in Nordics and the initiatives to overcome these. The study also identifies ten priority sectors based on distinct advantages and the presence of a base of companies which can be targeted for investments to promote accelerated engagement.
The report was released by Dr E M Sudarsana Natchiappan, Minister for State for Commerce and Industry, Government of India at the conference organised jointly by CII and the Ministry of Commerce and Industry on “Promoting Economic Engagement between India and Central / Nordic Region of Europe” on 21 February 2014 at New Delhi.