Swedish Industry Leaders Hail Growing India Ties Ahead of Modi Visit

As Prime Minister Narendra Modi embarks on his visit to Sweden, a crucial stop on his five-nation tour, Swedish industry leaders have warmly welcomed the growing partnership between our nations. This visit, particularly to Gothenburg, is seen as a significant honor and a testament to the robust and deepening ties between India and Sweden.

“

Prime Minister Modi's visit to Gothenburg, Sweden, is a great honour and it's an opportunity to also showcase the good connection between Sweden and India.

Senior figures from prominent Swedish companies, including Volvo Group and CONSAT Engineering, have voiced strong optimism about India's economic trajectory and its vast pool of talent. Volvo Group, with its quarter-century presence in India and nearly 5,000 employees, views the country not just as a market but as a vital hub for research and development, with its Indian operations serving as its second-largest R&D center globally. This perspective underscores India's growing importance in the global innovation landscape.

“

We see India as a very good platform for the future. We truly believe that India is a thriving economy with a lot of talent.

The sentiment among Swedish businesses is overwhelmingly positive, with a particular focus on India's burgeoning domestic demand and its skilled workforce, especially in critical sectors like digital technologies and manufacturing. The leaders anticipate that Prime Minister Modi's visit will unlock further avenues for business collaboration, strengthening bilateral economic engagement and creating mutually beneficial opportunities. This reflects a shared vision for growth and a belief in the potential of a smart, automated industrial future for India, driven by collaboration and technological advancement.

“

This is a very significant and a big milestone in the relationship between India and Sweden.