Nationwide, twenty first March 2025: Enterprise Sweden’s new workplace in Mumbai was formally inaugurated on March 18 by Sweden’s Minister for International Affairs, Ms. Maria Malmer Stenergard, and Enterprise Sweden’s CEO, Mr. Jan Larsson.
Enterprise Sweden, the Swedish Commerce and Make investments Council, is increasing its operations in India by establishing a brand new workplace in Mumbai.
This strategic transfer aligns with the Swedish authorities’s elevated give attention to commerce relations with Asia and marks Enterprise Sweden’s continued dedication to fostering commerce and funding between Sweden and India.
With India projected to change into the world’s third-largest economic system by 2030, Swedish firms are more and more drawn to the market.
“India persistently ranks among the many high three international markets when it comes to enterprise local weather for main Swedish firms.
This underscores the importance of the world’s most populous marketplace for Swedish enterprises. By opening our third workplace within the nation, we’re reinforcing our already sturdy presence in India.
This sends a robust message to each the Indian and Swedish enterprise communities in regards to the huge and rising potential in commerce between our nations”, mentioned Jan Larsson, CEO, Enterprise Sweden.
At the moment, almost 300 Swedish firms function in India, using 200,000 folks straight and a pair of.2 million not directly.
Of those, over 100 are positioned within the Western states of Maharashtra, Gujarat, and Goa. In the meantime, 70 Indian firms have invested in Sweden so far, producing 7,000 direct jobs.
“Proper from the Sixties, main Swedish companies like SKF, Sandvik, Tetra Pak, Alfa Laval, and Atlas Copco have been established on the outskirts of Pune.
Swedish curiosity within the area has solely grown and fortified. At the moment, it’s a new age when tech firms like Spotify, Storytel, Lektus, GoMo & Spolto are thriving in Maharashtra and Gujarat with critical enlargement plans,” Swedish Consul Normal in Mumbai, Sven Östberg, highlighted.
Sofia Högman, Commerce Commissioner and Nation Director for Enterprise Sweden in India, emphasised the growing curiosity within the Indian market:
“The demand for help in India is immense, and we at the moment are even higher positioned to assist Swedish firms seize enterprise alternatives throughout key sectors, together with healthcare, infrastructure, the inexperienced transition, and manufacturing. On the identical time, we are able to help extra Indian firms in investing in Sweden and creating jobs.”
Enterprise Sweden already operates workplaces in Delhi and Bengaluru. The addition of the Mumbai workplace strengthens Enterprise Sweden’s proximity to India’s monetary capital and the economic hub of Pune, Sweden’s long-standing enterprise stronghold within the nation.
About Enterprise Sweden
Enterprise Sweden helps Swedish firms understand their export ambitions and assists worldwide firms in investing and rising in Sweden.
With a presence in over 40 markets worldwide, we establish enterprise alternatives that drive enlargement, create jobs, and foster sustainable progress.
Disclaimer:- This story has not been edited by SugerMint workers and offered by the company. SugerMint won’t be accountable in any approach for the content material of this story.
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