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SWEDEN - INDIA BUSINESS GUIDE
SWEDEN - INDIA
BUSINESS GUIDE
B C
SWEDEN - INDIA
BUSINESS GUIDE
Disclaimer:
The Embassy of Sweden, Consulate General of Sweden, Business Sweden and Swedish Chamber of Commerce India have made every effort to
provide a comprehensive directory of companies with substantial Swedish interest represented in India, and companies with substantial Indian
interest represented in Sweden. However, the Embassy cannot guarantee that the list is exhaustive. All company information contained in this
directory has been provided by the companies themselves.
Copyright (c) February 2019, Embassy of Sweden
D 1
Principal Scientific Advisor to Government of India Prof K VijayRaghavan, Ambassador of Sweden to India Klas Molin & then
Swedish State Secretary to Minister of Enterprise Niklas Johansson, at the 12th Sweden India Nobel Memorial CEO Roundtable
Table of Contents
Foreword 5
Team Sweden 7
Country Facts - Economy Trade and Investments 21
Core Values 35
Themes 47
Partners 61
Business Directory 65
2 3
Foreword
Sweden Makes in India!
Ties between Sweden and India continue to contributing to India’s development in several
grow. We have intensified relations in a range areas, such as energy/environment and
of areas of mutual benefit and an increasing smart cities, ICT and digitalization, healthcare
exchange of high-level visits. The Make and life sciences as well as retail. Sweden
in India Week in Mumbai in 2016 saw the believes in circular economy and knowledge-
creation of a platform for business leaders, based societies, powered by innovation and
the India Sweden Business Leader’s Round sustainability while investing in people. India
Table. A Sweden - India Joint Action Plan as
and Sweden are ideal partners in building
well as a Joint Declaration on Sweden-India
sustainable business for the future.
Innovation Partnership for a Sustainable
Future were signed at the highest level during The eighth edition of the Sweden – India
the visit of Prime Minister Modi to Sweden in Business Guide highlights the core values
2018
and key competencies that Sweden offers
Swedish companies have been Making in India in a strategic partnership. We hope
India for many decades, and today create that this Guide can be part of your toolbox for
200,000 jobs in direct employment and more increasing and deepening business relations
than 1,6 million indirectly. We see companies between India and Sweden!
Klas Molin Ulrika Sundberg Carsten Grönblad Kamal Bali
Ambassador Consul General Trade Commissioner of Chairperson
of Sweden to India of Sweden in Mumbai Sweden to India Swedish Chamber of Commerce India
Björn Olin/Folio/imagebank.sweden.se
4 5
TEAM SWEDEN Ola Ericson/imagebank.sweden.se 6 7
Embassy of Sweden Consulate General of Sweden
The Embassy of Sweden in New Delhi represents the Swedish Government in India and is responsible for Established in September 2012, the jurisdiction of the Swedish Consulate General covers Maharashtra,
strengthening contacts between Sweden and India within a range of areas in both the public and private Gujarat and Goa – an area comprising 173 million people. The Consulate’s major role in India is to develop
sector. It undertakes a wide variety of activities which aim to promote political, economic and cultural bilateral trade relations and grow finer insights into the Indian system through different institutions and
ties between Sweden and India. The Embassy promotes trade and economic cooperation with particular representatives from varied industries and the regional governments. Its prime aim is to broaden and deepen
focus on business promotion. The Embassy is also responsible for spreading information about Sweden in this coalition with special emphasis on trade and investments. It also focuses on spreading information on
India. It provides support to Swedish citizens in consular matters and issues visas and permits for Indian Swedish inventions, innovations, technologies and services and how they can benefit India. The Consulate
and third country national citizens. The Ambassador in New Delhi is also accredited to Sri Lanka, Nepal, General aims at increasing knowledge about Sweden in India and furthers cultural exchange. It works
Bhutan and Maldives. closely with the Embassy of Sweden in Delhi, Business Sweden and the Swedish Chamber of Commerce
under the umbrella of Team Sweden to help liaise and increase business contacts between Swedish and
Contact Information Indian companies within strategic sectors, such as Smart cities, Climate change, Energy & Environmental
Embassy of Sweden Technology, Health Care & Life Science and ICT.
4, Nyaya Marg, Chanakyapuri, New Delhi - 110021
Contact Information
Tel: +91 11 44197100
www.swedenabroad.se/en/embassies/india-new-delhi Consulate General of Sweden
TCG Financial Centre, 3rd flr, C-53, G Block BKC
Bandra (E), Mumbai - 400098
Tel: +91 22 61132300
www.swedenabroad.se/en/embassies/india-mumbai
8 9
Business Sweden – The Swedish Trade & Invest Council Swedish Chamber of Commerce India
Business Sweden’s purpose is to help every Swedish company to reach their full international potential and The Swedish Chamber of Commerce India is an organization for and by the Swedish companies in India.
companies abroad to reach their full potential by investing in Sweden. We offer our customers strategic In close collaboration with companies we work on strategic questions to further the value proposition of
advice and hands-on support. Business Sweden is owned by the Swedish Government and the Swedish Sweden and build meaningful, sustainable and successful businesses in India.
Industry. The shared ownership provides access to contacts and networks at all levels. Business Sweden
was founded on the first of January, 2013, by a merger of the Swedish Trade Council (Exportrådet) and We provide catalytic platforms for collaborations, knowledge development, and sharing of experiences and
Invest Sweden. Business Sweden was established in India in 1996. We are now a team of 30 business best practices. The Chamber also gathers the collective voice of the Swedish business community on ease
consultants, with offices located in New Delhi and Bangalore. Business Sweden has for the past twenty of doing business and the experience of India as a business destination. With Swedish companies present
years played an active role in enhancing trade and investments between Sweden and India, which is in the country for more than 100 years, the experience runs deep. Together we continue to tell the story of
especially strong in areas such as Smart Cities, Telecom, Power, Smart Manufacturing, Medtech, but also “Sambandh” that means relationship and connection in both Hindi and Swedish.
with an increased focus on consumer markets. Business Sweden acts as a dedicated business partner Contact Information
for Swedish companies in India by assessing the market, building strategies for market entry, growth and
Swedish Chamber of Commerce India
development as well as supporting in establishing business entities and teams.
C/o Business Sweden, Embassy of Sweden
Contact Information Nyaya Marg, Chanakyapuri, New Delhi -110021
Business Sweden New Delhi Business Sweden Bangalore Tel: +91 11 46067123/24
C/o Embassy of Sweden SKAV 909, 11th Floor, No.9/1, Residency Road, www.swedishchamber.in
Nyaya Marg, Chanakyapuri, New Delhi -110021 Richmond Circle, Lavelle Road, Bangalore - 560025
Tel: +91 11 46067100 Tel: +91 80 41529100
www.business-sweden.se
10 11
Honorary Consulates
Sweden has Honorary Consulates in Chennai and Kolkata. The Honorary Consulates act as
representatives of the Embassy of Sweden in their respective geographic areas. The Honorary
Consuls have close links with the Swedish business community in India.
Contact Information
Chennai Kolkata
Honorary Consulate of Sweden Honorary Consulate of Sweden
6 Cathedral Road 14 Old Court House Street
Chennai 600086 Kolkata 700001
Tel: +91 44 2811 2232 Tel: +91 33 2248 2080
Head: Arun Vasu Head: Ranajit Nobis
Hon Consul Hon Consul
www.swedenabroad.se/india
Werner Nystrand/imagebank.sweden.se
12 13
• The partnership is intended to The Ministry of Enterprise and Innovation in Sweden, together with the Ministry
deepen the bilateral dialogue of Science and Technology in India (Department of Science and Technology
on innovation issues through and Department of Biotechnology) are the leading partners for developing
increased cross-sectoral, collaboration within the partnership. The implementation of the innovation
cross-ministerial and cross- partnership will be supported by the Office of Science and Innovation at the
agency cooperation, to discuss Embassy of Sweden in New Delhi. As part of this partnership, the Government
innovation from a system has tasked Vinnova (the government agency for innovation) with strengthening
perspective. innovation cooperation between Sweden and India in the field of smart cities.
• The partnership covers several The Government has allocated up to SEK 50 million (approx INR 40 crores) to
areas, including smart cities, Vinnova for this assignment up to the year 2021.
transportation and eMobility,
energy, clean technologies,
new materials, space, circular
and bio-based economy, and
health and life sciences.
• Sweden and India will
cooperate to develop and
implement joint innovation
projects.
• Indian and Swedish
enterprises and other key
innovation players will work
together to find solutions to
common challenges and make
Sweden-India Joint
use of each other’s strengths.
• Sweden and India will
cooperate on support to
innovative start-ups, for
Innovation Partnership
example through exchanges
between incubators.
• The two countries will also
step up their collaboration
During the Prime Minister Modi’s visit to Stockholm partnership sets the framework for future cooperation regarding research
in April 2018, the governments of Sweden and India infrastructure and test beds.
to jointly tackle societal challenges including innovation
agreed to deepen our collaboration in the field of driven challenges on cross sectoral issues with multi- • The partnership will make it
innovation through a strategic innovation partnership. easier for Swedish companies
stakeholder/agency participation from both countries.
The innovation partnership represents a step-change to increase their knowledge of
The partnership is based on the principles of co-
in India-Sweden science and innovation collaboration, India’s needs and strengthen
underpinning our mutual commitment to drive prosperity funding, co-development and co-creation, towards the prospects for both new
and address global challenges such as climate change mutual benefits, making full use of our complementary collaborations and new
and sustainable development through innovation. The strengths. business opportunities.
14 15
Sweden-India Joint
With an aim to further promote bilateral cooperation including e-mobility and railways; women’s empowerment
and build a win-win partnership, the Prime Ministers of and skill development; space and science; and healthcare
Sweden and India agreed upon a joint action plan (JAP) and life sciences.
in Stockholm on 16-17 April 2018. In addition to the Joint
These priorities lie within existing agreements and
Action Plan
Innovation Partnership, both countries agreed to take
collaborations between Sweden and India and will guide
forward a wide range of initiatives in defence; trade and
our work in the coming years, strengthening ties and
investment; counterterrorism; smart sustainable and
building bridges between our two countries.
renewable energy, smart cities; sustainable transport
16 17Clean
Cleanair
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our stakeholders’ requirements and expectations.
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work environments and reduce environmental impact.
We also fully support the Prime Minister’s initiative Make – It is future oriented but close in time
nederman.com/en-in
nederman.com/en-in
18 19Country facts
Economy, Trade and Investments
Emelie Asplund/imagebank.sweden.se
20 21Sweden India
#3
in the global
58% 480
of energy from of paid
DAYs
#6
largest economy in
1,017 million
#2
biggest investor in
innovation index renewable sources parental leave the world mobile subscribers renewable power and fuels
99% 253 7.33% 2 nd
40%
Population of
of household
10
waste is recycled
or used for heating
years
of freedom of press
million
Average annual
growth rate over
the past five years
largest number of internet
users
reduction of poverty
since 2016
19% 87% 57% 2
india railways
nd
of swedes born in of swedes live in of sweden is
largest road network in
the world
7 th
largest employer in
#1
regional innovation
leader in Central
another country cities covered by forests the world and Southern Asia
22 23top tier companies such as TCS, Wipro, Infosys and
L&T Infotech. A second and more decisive wave
of IT companies commenced a decade later led
by Mahindra-Satyam, and the acquisition by HCL
Technologies of Volvo IT and its 900 employees.
Indian investments in Sweden in other areas are
evident in industrial sectors such as Bioeconomy
with Aditya Birla Group’s acquisition of Domsjö
Fabriker in viscose fibre, and Bharat Forge in Kilsta
in automotive.
Indian companies are searching for innovation
Melker Dahlstrand/imagebank.sweden.se
and applied research in Sweden. To date there
have been investments and collaborations within
Swedish-Indian
pharmaceuticals, material research and automotive
Trade between the two countries has grown over
technologies amongst others. Indian automotive
the last decade and a steadily rising number of
companies are now expanding in the Swedish
Swedish companies have established themselves
market through organic investments but also via
in India. At present, we can see an embryo of a
Business History
acquisitions. For example Tata AutoComp Systems
potential fourth wave of Swedish-Indian business
acquired Titan X while Sansera made an acquisition
development. Swedish companies are now not of MAPE. Furthermore Tata Technologies acquired
only sourcing from India, but also progressively Escenda for design and engineering services.
establishing their global hubs here with R&D, sales Indian companies are now investing and expanding
and manufacturing etc. Moreover, there is an influx their footprint in Europe with Sweden as a gateway.
Diplomatic relations between Sweden and India to Swedish companies in the city of Pune, which of fast-moving consumer companies finding their
were established in 1948, the year after India was a strategically good location considering the space in a developing Indian retail market. 4000 people are currently employed by roughly 60
became independent. However, business relations proximity to India’s commercial centre in Mumbai. Indian companies in Sweden, while the number of
between the two nations date back further than In the 1960-70s Pune became an important Whilst Swedish companies have a 100 year long employees directly or indirectly engaged in Swedish
that. The Swedish-Indian history can be viewed industrial hub, where Swedish companies like Alfa history in India, Indian companies have been business is estimated to be 2-3 times higher.
in three separate waves of development. The first Laval, Tetra Pak, Sandvik and Atlas Copco were establishing and investing in Sweden more Sweden offers complimentary opportunities for
wave of Swedish companies entered India in the established. recently, since the start of this millennium. The Indian companies’ ambitions, which is in line with
beginning of the 20th Century, with pioneering first foray was led by large IT companies with the Indian businesses increasingly global outlook.
companies like Ericsson, SKF, Swedish Match and The third wave of Swedish companies entered India
ASEA (later to become ABB). during the 1980s and 1990s with among others 1750 1903 1960 1980 1990 1995 2005 2010 2015 2018
Volvo Trucks & Buses and Perstorp. Companies
The second wave came after independence. In with large purchasing organizations, such as IKEA
1957, the Indian Prime Minister, Jawaharlal Nehru, and H&M, also started doing business in India.
visited his Swedish counterpart, Tage Erlander, and In the 2000s Volvo Cars and Scania established
the two political leaders agreed that Sweden and subsidiaries and were accompanied by an influx
India had a lot in common and would profit from of small and medium sized companies, such as Early business
with shipment
Ericsson’s first
delivery
Swedish
Industry taking
Mumbai
and Pune
Swedish Textile Bangalore sees
Sourcing grows in increased
Rapid Inflow of Swedish Companies
including SMEs
Consumer
products entering
collaboration. A large area of land was allocated Systemair and Roxtec, to name a few. “Götha Leijon” to India foothold in becoming India Swedish the market
Pune central presence
Emelie Asplund/imagebank.sweden.se
24 25Trade and Investments
721 million USD*
India’s export of goods
to Sweden
1276 million USD*
Sweden’s export of goods
to India
322 million USD**
Foreign direct investments from Sweden to India
* Statistics Sweden, 2017
** National Board of Trade Sweden, 2017
Guillaume de Basly/imagebank.sweden.se
26 27Swedish Companies Create Jobs in India
Top Three Swedish Employers in Maharashtra
ISS Facility Services India Pvt Ltd
Jammu & Kashmir (180) Tieto Software Technologies Ltd
Securitas India
Maharashtra (35252)
Himachal Pradesh (380)
Punjab (687) Mumbai
Chandigarh (213) Uttarakhand (582)
Delhi NCR (26407) Arunachal Pradesh (13)
Sikkim 8)
Rajasthan (1710)
Uttar Pradesh (8047) (57
m
sa Nagaland (5)
As
Bihar (870) Meghalaya (14)
Manipur (11)
Gujarat (8130) Tripura (6) Mizoram (8)
Madhya Pradesh (3161) Jharkhand (168)
West Bengal (8018)
2)
Kolkata (17)
(54
arh
Daman and Diu (119) Odisha (1764)
tisg
hat
Maharashtra (35252)
Ch
Telangana (5892)
Karnataka (42537)
Goa
Goa(459)
(459) Andhra Pradesh (4961)
Karnataka (42537)
Puducherry (238)
Top Three Swedish Employers in Karnataka
Tamil Nadu (22141) Bengaluru
Kerala (938) Securitas India
ISS Facility Services India Pvt Ltd
Ericsson India
28 29Top Three Swedish Employers in Gujarat Top Three Swedish Employers in Delhi NCR
ISS Facility Services India Pvt Ltd Securitas India
Gujarat (8130)
ABB India Ltd Ericsson India
Gandhinagar Bombardier Transportation India Pvt Ltd ISS Facility Services India Pvt Ltd
Delhi NCR (26407)
Delhi
Chennai
Tamil Nadu (22141)
Telangana (5892)
Top Three Swedish Employers in Tamil Nadu Top Three Swedish Employers in Telangana
Hyderabad
ISS Facility Services India Pvt Ltd ISS Facility Services India Pvt Ltd
Securitas India Hexagon Geosystems India Pvt Ltd
AstraZeneca Pharma India Ltd IKEA India - Retail
30 31Scania Commercial Vehicles India Pvt Ltd
With 127 years of rich history in mobility solutions, countries, Scania’s sales and service network is
Scania Commercial Vehicles AB offers world-class strategically placed where our customers need us.
products and services, catering to the diverse Research and development activities are mainly
transportation markets across the globe. concentrated in Sweden, India and Brazil. Scania
is also a leading provider of industrial and marine
In India, Scania made its presence felt in the mining engines.
Committed to delivering global in client satisfaction and retention. We and construction segments in 2007 through its
expertise and comprehensive security promise to deliver superior on ground partnership with Larsen & Toubro (L&T). In 2011, Social, environmental and economic sustainability
solutions to suit your requirements, operations by operating at the grass- Scania Commercial Vehicles India Pvt Ltd. was is at the core of Scania’s offerings. All Scania
Securitas India is your trusted partner root level through our cluster approach vehicles have the capability to run on alternative
established to strengthen its presence in India, with
for protective services. A part of backed by technology enabled tools fuels. Scania sees itself as a partner to India’s
an automobile assembly facility at Narasapura,
Securitas AB, global knowledge leader helping deliver efficient and predictive ambition of building smart and sustainable mobility
in safety and security, with revenues of near Bangalore, in Karnataka.
security. Our 24x7 National Command solutions, powered by locally produced biofuels,
over $12bn, employing over 3,30,000 With around 49,300 employees in about 100 with low carbon emissions.
Centre, national network of well-trained
culturally diverse professionals in
security professional and state-of-the-
over 53 countries, Securitas in India is Representatives: Headquarters:
effectively minimizing risk for clients art control rooms supported by quick
Petr Novotny - Managing Director India Scania Commercial Vehicles India Pvt Ltd
and securing people and assets across response teams, bring in efficiency and Scania CV India Pvt Ltd Plot No 64-86, 88-97, Narsapura, KIADB
verticals. With our deep commitment predictability in security operations. petr.novotny@scania.com Industrial area, Narsapura Hobli
on being responsive to clients and We recognise our responsibilities that District Kolar, Karnataka - 563133
being the number one employer of extend beyond business and believe Hanna Johansson – Director Business Support
choice within our industry, we strive in creating value and promising safer Scania CV India Pvt Ltd
persistently to remain the market leader environments in everyday life. hanna.johansson@scania.com
32 33Core values Melker Dahlstrand/imagebank.sweden.se 34 35
Society
Sweden is consistently ranked as one of the most Sweden’s economic and social system, often
competitive economies in the world by the World referred to as the “Swedish Model”, has lifted the
Economic Forum and is open to international trade country to one of the highest standards of living
and investments. It is known for its rich natural in the world. By combining a market economy
resources, innovations, high-tech companies and with a strong public sector, a strong emphasis on
caring society. freedom of expression and gender equality and
an efficient welfare and social security system,
Modern Sweden is solidly founded on democracy Sweden ensures equality and financial security for
and openness. Democratic principles shape not each and every individual. Tax-financed education
only the way the country is governed, but all levels and health care contribute to making Sweden a
in society – from preschool to the workplace. We role model for many other countries.
also fly the flag for equality and transparency.
The aim is to ensure that everyone enjoys the Swedish companies as well as Team Sweden tend
same opportunities, rights and obligations in all to also “walk the talk” and apply these values at all
areas of life and hold the freedom to scrutinize levels. Corporate social responsibility means also
how politicians and public agencies exercise their applying core values to our business models as
power. well as in our communication.
Ann Sofi Rosenkvist/imagebank.sweden.se
36 37Sweden is a strong player in cultural and creative
Creativity
one of the key factors to the development of many
industries. Today, Sweden is one of the biggest successful Swedish companies.
streamers and exporters of music in the world, and
has firmly established itself as one of the world’s The reasons behind the boom in Swedish cultural
epicenters for developing and producing innovative, and creative industries are hard to pinpoint.
original, mass-market computer games. Sweden Perhaps people have become more courageous
is also successful in fashion and design – with in their expression, perhaps it is the effects of
an increased focus on sustainability and circular being a melting pot for different cultures or are
economy – as well as literature, art and film. people increasingly looking abroad for inspiration?
Whatever the reason, Sweden is fast in adopting
These industries play an increasingly important new trends and things have changed from the days
role in the growth of the Swedish economy and of Bergman, Roxette and ABBA. Due to intense
are driving forces for innovation in other sectors exchange between India and Sweden, India is
of society and industry as well. Creative industries increasingly becoming a source of influence and
are encouraged to grow in an open society, where inspiration for Swedish artists and vice versa. This
people have the space to experiment and express exchange of ideas is strengthening both sides in
themselves freely. Swedish citizens are encouraged their quest for excellence.
to take the chance to start a new business, which is
Simon Paulin/imagebank.sweden.se
38 39Innovation
A strong culture of innovation has propelled Sweden factors behind this development. Swedish society
to the forefront of technological development. With is traditionally non-hierarchical and has a strong
a high number of patents per capita, Sweden is in belief in the individual. Through flat organisations
the world’s top 20, and Swedish creative thinking and collective decision-making, everyone is given
has resulted in some life-changing innovations the opportunity to speak and come up with ideas.
spread around the world. The cardiac pacemaker This increases the probability of new inventions.
has been implanted in more than 3.5 million people.
The three-point auto seat belt is claimed to save a Education is also closely linked to innovation
life every six minutes, and has been doing so for capacity. In Sweden, education is free and
more than 50 years. universities have a close collaboration with both the
public and private sectors, setting the foundation
Both are Swedish inventions and part of a long for global Swedish companies.
list of innovations born in this country. Today,
Sweden ranks as one of the most innovative Innovation is at the core of several of our activities
countries in the world. Heavy investments in in India and can be found both within our larger
research, encouragement of critical thinking and companies as well as forming the core of new small
entrepreneurship from an early age and openness companies entering the Indian market. It is also a
to international influences are some of the key cross-cutting feature of our work as Team Sweden.
Melker Dahlstran/imagebank.sweden.se
40 41Sustainability
Sweden has a long history of international Sweden has invested heavily in the search for
commitment in pursuing global cooperation alternative energy sources. More than half of
in sustainable development. This has led to Sweden’s national energy supply comes from
Sweden being in the forefront of developing new renewable sources and Sweden aims at further
environmental technologies and sustainable reducing greenhouse gas emissions. Waste
system solutions. This includes renewable energy, management, acid rain prevention, sustainable
green buildings, waste management, air and water urban planning and recycling are other
treatment, sustainable fuels and battery-driven environmental areas in which Sweden has made
vehicles. progressive headway and challenged the status
quo.
As the first country in the world to pass an
environmental protection act, Sweden also hosted We bring sustainability into our work also here
the first UN conference on the global environment in India, with areas such as climate, renewable
in 1972. Since then, Sweden has managed to grow energy and urban transport very much in our focus.
its economy substantially while reducing carbon Increasingly we will also see resource management
emissions and limiting pollution. The Swedish at both the society level with waste-to-energy
green model means integrating business and solutions and the individual’s responsibility for the
sustainability. Sweden has emphasized that green next generation’s living conditions.
growth can drive transition through technical
innovation.
Helena Wahlman/imagebank.sweden.se
42 43Saint-Gobain Ecophon AB - Managing the indoor
Sound Environment in India Pioneers in thermal imaging, FLIR was founded in 1978, originally
providing infrared imaging systems that were installed on vehicles
To help enhance the user well-being and - Increase performance during tasks that require for use in conducting energy audits. Today FLIR’s advanced
performance, what do you think you need to concentration by up to 50% systems and components are used for a wide variety of
consider when designing any indoor space? - Improve mental arithmetic performance by 20% thermal imaging applications including measurement,
Well, the first thing is that people will most At Ecophon, our approach is to take the human and assessment of thermal energy, gases, and
likely perform a vast variety of activities, and perception into account and to work with most other environmental elements for industrial,
this demands a specific attention to the acoustic relevant acoustic parameters, which can help us commercial, and scientific applications . The
quality! create a comfortable acoustic environment. An Instruments segment provides devices that
There will at any given time be people talking on the interior environment with controlled sound levels image, measure, and assess thermal energy,
phone, working in teams, having meetings, doing and reduced disturbances, improves the company’s gases, and other environmental elements
tasks in front of the computer or machines, that popularity as a workplace. This in turn, can help for industrial, commercial, and scientific
demand concentration or having brainstorming them attract and retain a talented workforce in the applications under the FLIR and Extech
sessions. All these activities require their own long run! brands.
acoustic solution. We call this ‘Activity Based If you have a built space with an acoustics challenge,
Acoustic Design’. Our solutions support the or are planning a new project and would like to FLIR’s products improve the way people
activity taking place and thus enhance people’s job avoid sound quality related issues, please contact interact with the world around them,
satisfaction, job performance and overall wellbeing. – Concept Development manager (India) – Manit enhance public safety and well-being,
Quick Facts - A good acoustical environment can: Ramaiya at manit.ramaiya@saint-gobain.com or increase energy efficiency, and enable
- Reduce adrenaline levels by 30% write back to us on EcophonIndia@saint-gobain. healthy and entertained communities.
com
- Improve task motivation by 66% At FLIR we provide superpower vision,
helping people around the world save
About Ecophon Group:
lives, protect the environment, and
Ecophon Group develops, manufactures and markets acoustic products and systems for ceilings and walls. Used enhance productivity. We’re building
all over the world, our solutions meet the growing demand for good acoustics with the focus on offices, education, more than innovative technologies; we’re
and health care premises. Ecophon contributes to a better working environment— wherever people work and striving to build a more sustainable, more
communicate. The company is based in Hyllinge in Sweden,and it’s a part of the global Saint-Gobain Group efficient, safer future.
44 45THEMES Jan-Olof Yxell/imagebank.sweden.se Simon Paulin/imagebank.sweden.se 46 47
Smart Cities
The United Nations projects that India’s are highlighted as specific areas in this regard.
urbanisation rate will rise to 42 per cent by 2035, There is a vast potential for future bilateral
lifting the urban population from 64 million in 1950 cooperation and business opportunities focusing,
to 640 million. Sweden and Swedish companies are inter alia, on waste to energy, sustainable transport,
known for their sustainable approach - not least connectivity and water, through the following
when it comes to urban development. There is a platforms and initiatives:
great match between Swedish solutions and Indian
cities’ needs. • The Sweden India Smart Cities Platform
promotes smart urban solutions from Sweden
During the State visit by the Indian President
for the Indian market. The platform companies’
Mukherjee to Sweden in June 2015, a Memorandum
products and services have been customised for
Ola Ericson/imagebank.sweden.se of Understanding (MoU) was signed with the aim
the Indian market and are scalable for small and
to “promote bilateral cooperation between the
large city solutions.
Participants in the field of sustainable urban
development”, and create a foundation to further • The Association of Swedish Engineering
develop the cooperation between the two countries. Industries has entered a cooperation with the
Two meetings of the Joint Working Group have Confederation of Indian Industries with an aim
been held since. to promote Swedish companies’ contribution in
During Indian Prime Minister Narendra Modi’s visit Indian Smart City projects.
to Stockholm in April 2018, India and Sweden signed • Smart City Sweden is the national export and
a Joint Declaration on Innovation Partnership for a investment platform, welcoming public and
Sustainable Future as well as a Joint Action Plan private stakeholders - including from India - to
to promote further bilateral cooperation. Smart experience Swedish smart and sustainable city
Werner Nystrand/Folio/imagebank.sweden.se Melker Dahlstrand/imagebnk.sweden.se cities, sustainable transport and waste to energy solutions.
48 49Energy
Energy is a recurrent key area in the bilateral with the Confederation of Indian Industries (CII) as
cooperation between India and Sweden. A the main Indian partner. The program focuses on
Memorandum of Understanding (MoU) was preparing and implementing customised market
signed in 2010 in the area of renewable energy entry plans for the participating Swedish SMEs
cooperation. The Joint Action Plan signed by from various segments of clean energy and energy
prime ministers Narendra Modi and Stefan Löfven efficiency. The program runs in two year cycles,
in April 2018 reconfirms smart, sustainable and with 5-6 companies joining the platform on a bi-
renewable energy as areas of mutual interest for annual basis. Till date, the program has resulted in
further collaboration. Smart grid technologies and successful introduction of over 30 SMEs including
renewable integration are highlighted specifically Cleanmotion, FOV Biogas, Regin AB, Metrum AB,
in this regard. World Thermal Services and PPAM Solkraft. Under
the platform the following activities, amongst
The Joint Action Plan also stipulates an aim
others, are conducted:
to expand research, innovation and business
cooperation on new innovative energy technologies • Customised delegations to India
through the India-Sweden Innovations’ Accelerator
(ISIA), focusing on technologies to utilise renewable • Development of market entry plan for Swedish
energy and energy efficiency. The objective of the companies under the Steps to Export Program
program is to develop and provide platforms for joint • Workshops followed by matchmaking with Indian
innovation, research, development and deployment, public and private stakeholders
which answer to shared needs and are of mutual
benefit. ISIA is based on cooperation between • Qualified B2B meetings with potential customers,
Business Sweden and the Swedish Energy Agency partners, distributors, etc. Niclas Albinsson/imagebank.sweden.se
50 51Simon Paulin/imagebank.sweden.se
Healthcare
On completion of ten years of Memorandum of and expand, new areas such as digital health,
Understanding on cooperation in Health, 2019 innovations and artificial intelligence are being
is commemorated as Sweden-India Health Year. discoursed. For example, built on an active interplay
Several collaborations of mutual interests are between government, academia and private
on-going between public agencies and institutes, enterprise, an open innovation challenge UNNATI
and the private sector and the two countries have Healthcare 2.0 has been set up in collaboration
further developed plans to enhance cooperation in with AGNIi and Atal Innovation Mission-NITI Aayog
new areas and with new partners and states. with an aim to create an ecosystem that fosters
The past ten years has seen collaborations holistic disease management, reduces healthcare
especially in the areas of infection control, elderly burden and saves lives through affordable and
care, lifestyle diseases, maternal and child health, accessible early screening and efficient patient
and skill development. While these will continue management.
Ulf Lundin/imagebank.sweden.se
52 53Gender
Sweden has the world’s first feminist government Swedish companies work with strategic
and in October 2014, Sweden became the first recruitment, active mentorship and leadership
country in the world to launch a feminist foreign development to increase the number of women in
policy. This means applying a systematic gender their workforce, especially in leadership positions.
equality perspective throughout the whole foreign Policies to give equal opportunities and rights
policy agenda. Gender equality is an objective as well as ensuring equality of choice, such as
in itself, but it is also essential for achieving the replacing the gender-specific maternity leave with
Government’s other overall objectives, such as
parental leave, are being implemented.
peace, security and sustainable development.
These values are promoted in our work in India as When women participate in the labour market their
well. economic empowerment increases, and a society’s
Eight out of ten Swedish companies in India work economic growth increases. Society also develops,
actively with gender related questions, but so far since women, more than men, invest their income
only 20% of the employees are women. We still have in the local society and in children’s health and
a long journey ahead. The approach is based on the education. It is therefore not only right but also
knowledge that business leaders can improve the socially smart to invest in women’s economic
equality in their companies, if they walk the talk. empowerment.
Susanne Walström/imagebank.sweden.se
54 55Sofia Sabel/imagebank.sweden.se Simon Paulin/imagebank.sweden.se Sofia Sabel/imagebank.sweden.se
Skills
India’s growth is impressive. It is a young nation total workforce in the formal economy is made up
with nearly 12,000,000 people entering the labour by women. If women participated on similar terms
market annually. This is a great possibility, but also as men, India would increase its GDP with 60% (2.9
a challenge. Equipping men and women with skills trillion USD) 2025.
that lead to employment is important.
India’s future is also in entrepreneurs, alternative
Swedish companies in India build skills throughout occupations and in micro-grids of local economies.
value chains. Seven out of ten companies equip Women’s ability and capacity in this sphere will,
people within the area of their business operations, when released, create synergistic effects on value
at suppliers or customers, or in community chains, communities and society.
development programs. This has been part of our
We are strong proponents of public-private
commitment to India for a long time.
partnerships. We believe in combining forces
We believe a key contribution we can make is to to build sustainable eco-systems. It is about us
enable women to enter the organised job sector. working together for our future.
Research shows that less than a quarter of the
Sofia Sabel/imagebank.sweden.se
56 57education process through demonstration of these
units from village to village and by communicating
its advantage for female farmers and milk
DeLaval – We Live Milk productivity. After seeing these demonstration the
farmers used to get convinced about its benefit for
the family and have adopted mechanisation much
India is one of the largest producer of milk in the
faster than earlier. These rural campaigns have
world. However most of its milk is produced by
provided female farmers the comfort and better
small farmer families in remote villages. While
social standing compared to earlier situation with
men in these families have been concentrating
hand milking.
on agriculture the dairy farming has been mainly
focused upon by female member of the family. One With thrust of producing clean & untouched milk
of the toughest task in dairy farming has been hand to improve milk quality and to address increasing
milking, this also had a lot of pain and frustration demand for commercial dairy farming, DeLaval in
for female farmers in the society. India works closely with farmers to provide education
and training on practices and protocols for modern
DeLaval has worked extensively with female farmers
ways of dairy farming. DeLaval conducts courses at
to support and improve on this social fabric and
different locations to educate farmers on improving
have introduced mechanisation for milking thus
productivity and milk quality while addressing cow
providing them relief and comfort from the pain
comfort and cow hygiene.
of hand milking. DeLaval, initiated awareness and
Helena Wahlman/imagebank.sweden.se
58 59Partners Ola Ericson/imagebank.sweden.se 60 61
India Sweden Business
Leaders’ Roundtable - ISBLRT
ISBLRT is a high-level platform for business leaders ISBLRT-members are mainly CEOs and
from Sweden and India. The platform was welcomed Chairpersons of multinational companies from both
by the Prime Ministers in the Joint Statement countries. Heads of reputed academic institutions
from their meeting in Mumbai in February 2015. can be invited separately to be members of ISBLRT.
The aim is to identify joint challenges in the fields ISBLRT is divided in four working groups: Smart
Team Sweden India
of research, innovation, investments, financing, City, Digitisation, Defence and Skill India.
trade, business, industrialisation and regulatory
issues which need to be addressed and to forge a Co-chairs are Mr Marcus Wallenberg from
strong and durable relationship between the two Sweden and Mr Baba Kalyani from India. ISBLRT
countries. This forum of business leaders would secretariats are Sweden-India Business Council Team Sweden India has also been established in The Swedish State Secretary for Trade is chair
be able to identify collaborations, draw upon best and Confederation of Indian Industries. In India, Stockholm as one of three highly prioritized market of Team Sweden and key members include the
practices and also advise political leadership on the Department of Industrial Policy and Promotion, groups. The group will focus on cooperation and Ministry for Foreign Affairs, other government
both sides, on the way forward in order to develop DIPP, is the governing body. ISBLRTs set-up coordination between public and private sector offices and agencies, Business Sweden, Sweden
our bilateral relations. ensures direct communication to the political and actors active in India in order to create conditions India Business Council, The Association of Swedish
business leadership on both sides. and synergies favourable to the promotion of trade Engineering Industries and many more.
and investment flows between Sweden and India.
62 63BUSINESS DIRECTORY Sofia Sabel/imagebank.sweden.se 64 65
ABB India Ltd AF Consult India Pvt Ltd
ABB is a pioneering technology leader in electrification products, robotics and motion, AF Consult India Pvt Ltd, is part of the AF Group of Sweden, with head office in Delhi, India.
industrial automation and power grids, serving customers in utilities, industry and transport In India, we are mainly working in Hydropower, Dam and Tunnel Consulting Sectors. We
& infrastructure globally. Continuing more than a 125-year history of innovation, ABB today have about 30 professional engineers, supported by administrative staff, CAD facilities and
is writing the future of industrial digitalization and driving the Energy and Fourth Industrial latest communication network. Most of the staff are members of engineering associations
Revolutions. ABB operates in more than 100 countries with about 132,000 employees. and have served on advisory committees, policy panels and research bodies. The company’s
services cover activities from initial planning and project development over design, tendering
ABB has been present in India for over a century. Over the last six decades, ABB has established and implementation. We provide construction management and design services in projects
10 manufacturing centers across the country and its largest corporate research center in developed with Engineering, Procurement and Construction (EPC) approach.
Bangalore.
Address: Office No. 19, G. F. C - 25, Tower 1, Stellar IT Park, Sector 62, Noida - 201301
Address: 21st Floor, World Trade Center, Brigade Gateway, No. 26/1, Dr. Rajkumar Road,
Malleshwaram West, Bangalore - 560055 Employees in India: 41
Employees in India: Approx. 10 000 www.afconsult.com
www.abb.com
Alfa Laval India Pvt Ltd
Alfa Laval is a leading global provider of specialized products and engineered solutions.
Absortech India Pvt Ltd Our equipment, systems and services are dedicated to helping customers to optimize the
Supply of Desiccents which helps to absorb moisture. performance of our processes. Time and time again. We help our customers to heat, cool,
Address: No. 2, Numbal Village Road, Numbal, Chennai - 600077 separate and transport products such as oil, water, chemicals, beverages, foodstuffs, starch
and pharmaceuticals. Our worldwide organization works closely with customers in almost 100
Employees in India: 9 countries to help them stay ahead. We are listed on the Nordic Exchange, Nordic Large Cap.
www.absortech.com Address: Office No. 301, Global Port Building, Survey No. 45/1 - 10, Mumbai Bangalore
Highway, Pune - 411045
Employees in India: 1 358
Addnode India Pvt Ltd
Addnode India Pvt Ltd is the Indian subsidiary of TechniaTranscat, which in turn is a part of www.alfalaval.com
Addnode Group. TechniaTranscat is the #1 knowledge company in PLM. By combining your
strengths with our expertise in Product Lifecycle Management (PLM) we will help you to turn
your vision into value, and become the future winner. Our solutions are used worldwide in Alimak Hek India Pvt Ltd
industries such as life sciences, automotive, travel, retail, offshore, telecom, fashion and food & Alimak Hek India Pvt Ltd work with supply and after sale service of Rack & Pinion based
beverage. We serve over 4000 customers worldwide, including 43 that are listed on the Fortune vertical access systems for movement of men and material. These solutions are generally used
500. in high rise constructions and other industrial applications.
Address: Unit 1001, 10th Floor, Dosti Pinnacle, Road #22, Wagle Estate, Thane - 400604 Address: 206, 2nd Floor, AMSRI Plaza, # 9-1-164, S. D. Road, Secunderabad - 500003
Employees in India: 84 Employees in India: 19
www.techniatranscat.com/contact-us/techniatranscat-india www.alimakhek.in
66 67AQ Mechanical & Electrical Manufacturing India Pvt Ltd A Society Consulting India Pvt Ltd
AQ India was established in May 2011 and is an important part of the globalization of AQ A Society is the consulting company of tomorrow. They make it possible for their customers
Group and our mission to be close to our customers. The main products are sheet metal to engage consultants on a flexible basis and help their customers and consultants to succeed
manufacturing, precision metal stampings, inductive components and wiring systems. Electrical and reach their goals. They are experts in finding unique skills and to quickly understand how
cabinet assembly will also be part of the manufacturing scope in the near future. they can contribute to the customer success. This allows their customers to focus on their core
business while they will deliver the right specialists or resources for their projects. The company
Address: Gate No. 343, Plot No. 54/A & 54/B, Chakan Talegaon Road, Village Mahalunge, delivers their services within Management, IT, technology and R&D, by choosing the most suitable
Taluka Khed, Pune - 410501 individual or team for the specific customer assignment or project.
Employees in India: 240 Address: K-5, 10th Cross, Rajamahal Vilas, Bangalore - 560080
www.aqg.se Employees in India: 5
www.asocietygroup.com
Arc Core Technologies India Pvt Ltd
Being one of the vendors providing AUTOSAR products to the automotive market, we
bring a new way of developing and offering quality AUTOSAR products and services to the Assa Abloy India Pvt Ltd
automotive market. It can easily be described in three words: Standards, Open and Innovative. Assa Abloy, as the global leader in door opening solutions, is dedicated to satisfying end-user
Address: Unit No. 101-102-103, 1st Floor, A Wing, Mittal Towers, M. G. Road, needs for security, safety and convenience. Since its formation in 1994, ASSA ABLOY has
Bangalore - 560001 grown from a regional company to an international group with 43,000 employees, sales of
about SEK 4748 billion and own operations in over 70 countries. ASSA ABLOY offers a more
Employees in India: 10 complete range of door opening solutions than any other company on the market.
www.arccore.com Address: 16th Floor, Tower B, Building No. 5, Cyber Terraces, DLF III, Gurgaon - 122002
Employees in India: 116
www.assaabloy.com
Astra Zeneca Pharma India Ltd
Arjo Huntleigh Healthcare India Pvt Ltd AstraZeneca is a global, science-led biopharmaceutical company that focuses on the
ArjoHuntleigh Healthcare India Pvt. Ltd. is a direct subsidiary of Getinge group with 24 discovery, development and commercialisation of prescription medicines, primarily for the
branches across the country. With 4,400 dedicated employees worldwide, ArjoHuntleigh is a treatment of diseases in three therapy areas – Respiratory & Autoimmunity, Cardiovascular &
global group with an annual turnover of €710m, serving the needs of acute and long-term care Metabolic Disease and Oncology. The Company is also active in inflammation, infection and
in more than 100 countries. The company offers a broad range of integrated solutions for care neuroscience through numerous collaborations. AstraZeneca operates in over 100 countries
of people with reduced mobility and related conditions, with the aim to enhance efficiency and and its innovative medicines are used by millions of patients worldwide. AstraZeneca India was
quality of care in elderly care facilities, hospitals and other care environments. established in 1979 and is headquartered at Bengaluru, Karnataka.
Address: 8, Shah Industrial Estate, Off Veera Desai Road, Andheri (W), Mumbai - 400053 Address: Block N1, 12 Floor, Manyata Embassy Business Park, Rachenahalli Outer Ring Road,
Bangalore - 560045
Employees in India: 96
Employees in India: 3 337
www.arjohuntleigh.com
www.astrazeneca.com/India
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