Indian companies urged to work in Sweden
Commerce and Industry Minister Piyush Goyal has called on Sweden to be a part of his Government’s efforts to expand the Indian economy and help it reach a higher level of prosperity.
“We would like Sweden to be a part of our efforts to expand the Indian economy, to reach higher-level of prosperity & design an India suitable for global engagement in the modern 21st-century world,” he told the CEO Forum of India-Sweden strategic business partnership on 11 Dec 2020.
“I am sure that the CEO forum and Sweden-India strategic business partnership will help us expand this friendship at every level & make Sweden an important part of India’s own growing economy.”
He wants Swedish help in designing an India suitable for global engagement in the modern 21st-century world.
India, with 1.35 billion people, provides one of the world’s largest business opportunities.
“We have a very large and growing middle class, aspiring for a better quality of life. I am sure Swedish companies would love to work in India and explore better opportunities,” he said.
“We believe our renewed focus on technology will help us re-align India’s priorities and Sweden will have an important role to play, being our natural partner for innovation and growth.”
“We are encouraging the import of high-tech products, encouraging people to bring technologies, skills, better qualities of healthcare and education to India. The effort to increase the presence of both, domestic and international companies in the manufacturing space, will help us increase the income levels of the people of India, expand the economy, de-regulate & remove investment barriers and help our economy to grow.
“Swedish companies in India have a very big role to play in our hope and desire to expand our engagement with the rest of the world,” Goyal went on.
Sweden is the world’s innovator and is at the forefront of developing cutting edge technologies in a variety of fields. “India can benefit immensely with this partnership,” he added.
Goyal also wants Sweden and the European Union to open their doors a little wider, removing some of the non-tariff barriers or standards, so that there is reciprocity in India’s trade with Sweden and Europe, leading to the expansion of business on both sides.
He also urged Indian companies also to contribute to the development and growth of Sweden and for a better future for the people of Sweden.
“I continue to look forward to the support of Sweden in India’s own efforts to expand our economy, to provide jobs and work opportunities to millions of boys and girls coming out with special skills which can help Swedish companies expand their business.” #investment #technology #economy #sweden #manufacturing /fiinews.com
