Escolar Documentos
Profissional Documentos
Cultura Documentos
INTRODUCTION
Why Sweden? 1. Industry and Development (economic history). 2. Doing Business in Sweden . 3 . Indo Swedish Trade.
Ten Reasons
1. INNOVATION. 2. MARKET. 3. EASY TO DO BUSINESS. 4. HIGH PRODUCTIVITY. 5. CENTRAL LOCATION. 6. A MODERN WORK PLACE. 7. R&D. 8. INFRASTRUCTURE. 9. TAXATION. 10. QUALITY OF LIFE.
Political Relations :
The first ever India Friendship Group was set up in Swedish parliament in February 2006, with a membership of over 45 MPs drawn from parties across the political spectrum.
Cultural relations.
Indias share in Swedish exports: 1.0% January-December 2005 : US$ 1.1 billion (SEK 6964 million) January-December 2006 : US$ 1.6 billion (SEK 9922 million) January-December 2007 : US$ 1.7 billion (SEK 10649 million) January-December 2008 : US$ 1.4 billion (SEK 12612 million) January-December 2009 : US$ 1.8 billion (SEK 12750 million) January-September 2010 : US$ 1.2 billion (SEK 8501 million)
Investments.
Ericsson, which started supplying telecom switches to India in 1903 inaugurated its R&D facilities in Chennai in February 2006 as well as its second manufacturing facility in Jaipur in March 2005. In Jan 2007, Ericsson announced its intention to invest US$ 500 million in the next five years in India. Swedish companies like SKF, Atlas Copco, DeLaval, Volvo, ABB, Astra Zeneca, etc. have expanded their operations in India. Swedish companies like SKF, Atlas Copco, DeLaval, Volvo, ABB, Astra Zeneca, etc. have expanded their operations in India.
Investments (cont..)
On 18th July 2007 , Bharti Airtel, Indias largest mobile operator, awarded a record $2-billion network outsourcing, maintenance and management contract to Swedish telecom major Ericsson. On 18th July 2007 , BSNL placed order for mobile equipment of 14 million GSM lines with Swedish vendor Ericsson at a cost of 80 dollar per line, much lower than the original cost of 107 dollar, the contract now stands at two billion dollar or about Rs 8,000 crore. On 19 July 2007, Bombardier Inc. won a $590-million order from Delhi Metro Rail. In November 2007, Scania made its debut in India with a tie-up with L&T for building tipping trucks. In August 2008, Associated Powercon Equipment (India) Private Limited purchased Kraftelektronik AB, a company based in Surte, Sweden.
CONCLUSION
A strong country reputation builds stakeholder support, making Sweden a country people will recommend as a place to visit, invest, live and work. Sweden overtakes the US and Singapore this year to be placed 2nd overall in the overall ranking of The Global Competitiveness Report 2010-2011 released by the World Economic Forum.
REFERENCES
Embassy of India. Embassy of Sweden. www.economywatch.com U.S. Department of state.
Queries.
TACK!!