3 BUSINESS GUIDE SWEDEN - INDIA SWEDEN SWEDEN - INDIA BUSINESS GUIDE 2 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) May 2017, Embassy of Sweden 4 1 Table of Contents Foreword 5 Team Sweden 7 Country Facts - Economy Trade and Investments 17 Core Values 31 Platforms 43 Partners 59 Business Directory 63 Swedish Prime Minister Stefan Löfven and Indian Prime Minister Narendra Modi in Mumbai 2 3 Foreword Sweden Makes in India! Ties between Sweden and India continue to environment and smart cities, ICT and grow stronger. We see intensified relations digitalization, as well as healthcare and life in a range of areas of mutual benefit and sciences. Sweden believes in knowledge- an increasing exchange of high-level visits based societies, powered by innovation and in both directions. The Make in India Week sustainability, while investing in people. In in Mumbai in 2016 saw the creation of a this, India and Sweden are ideal partners in permanent platform for business leaders, building sustainable business for the future. the India Sweden Business Leaders’ Round Table. In this eighth edition of the Sweden – India Business Guide, we highlight the core values Swedish companies have been Making in and key competencies that Sweden offers India for many decades and today create 185 India in a strategic partnership. We hope 000 jobs in direct employment and around that this guide can be part of your toolbox for 1.3 million indirectly. We see companies increasing and deepening business relations contributing to India’s development in a between India and Sweden. number of areas, focusing i.e. on energy/ Harald Sandberg Ulrika Sundberg Carsten Grönblad Juvencio Maeztu Ambassador Consul General Trade Commissioner of Chairman Swedish of Sweden to India of Sweden in Mumbai Sweden to India 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.com/newdelhi Consulate General of Sweden TCG Financial Centre, 3rd flr, C-53, G Block BKC Bandra (E), Mumbai - 400098 Tel: +91 22 61132300 www.swedenabroad.com/mumbai 8 9 Business Sweden – The Swedish Trade & Invest Council The 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 “Sweden Makes Business in India”. 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.com/newdelhi Werner Nystrand/imagebank.sweden.se 12 13 CleanClean air air enables enables 4. Our Sustainability Concept NEFAB wants to secure a place in a sustainable future society. sustainablesustainable production production 1. Society To do that, we are actively working in our operations to achieve sustainable development and manage NEFAB strives to reduce carbon foot print of its our stakeholders’ requirements and expectations. DoDo you you want want to toboost boost profitability profitability by bymaking making your your operations operations as as customers by optimizing the packaging Solution through usage of optimum packaging material Sustainability work is an important and integrated efficientefficient as aspossible? possible? Do Doyou you also also need need to tomeet meet high high environmental environmental and optimization of packaging for different modes part of NEFAB’s customer offering. A structured standardsstandards and and keep keep your your employees employees safe safe from from fumes fumes and and dust? dust? of transport. Thereby reducing the environmental process leads to a favourable business climate that impact & contributing to society for better attracts skills, provides more efficient control and At AtNederman, Nederman, we we can can help help you you on on all allcounts. counts. With With 70 70 years years of ofleading leading tomorrow. strengthens the brand. Sustainability work also play a key role in NEFAB’s expertiseexpertise from from a wide a wide variety variety of ofindustries, industries, we we know know what what it takes it takes to to 2. Creativity competitiveness, paving the way for doing business makemake your your business business clean, clean, safe safe and and compliant. compliant. With engineered complete with new customers who share the same values. Clean air enables packaging solutions and multi The sustainability work is governed by NEFAB’s material engineering