Bigger India
Swedish Companies Committing a Fresh 1.1 Billion Dollars Investment in India
India is also an increasingly important market for Sweden, with more than 160 Swedish companies now established in the country, including Volvo, SAAB, Ikea and H&M
Companies in Sweden, the largest Nordic economy in Europe is committing a fresh 1.1 billion dollars investment in India led by some of its major companies Volvo, IKEA, AstraZaneca amongst others.
Having committed $1.5 billion in the past three years, the additional investment that is lined up will be for the next two years. Sweden is investing in India more than it did in the “last few decades” said Carsten Gronblad, the Trade commissioner to India.