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20th Century business habits belong there. The old ways won’t cut it anymore. That’s why we’re helping companies around the world rethink the way they compete, reinvent the way they work and rewire the way they operate. In short: embrace a more collaborative, flexible and global approach. Because today it’s the specific way a business takes care of business that determines how far it will go tomorrow. business Consulting it infrastructure services application services business Process outsourcing the future is now. let’s Put it to work. cognizant.com/futureofwork © 2011 Cognizant Technology Solutions
Contents Interview with H.E. Mr. Ashok Sajjanhar, Ambassador of India to Sweden and Latvia............................. 4 Sweden Ready for More Business with India....................................................................................... 8 Speaker of Parliament Mrs. Meira Kumar Visits Sweden..................................................................... 10 MoS for External Affairs Mrs. Preneet Kaur Visits Latvia..................................................................... 12 Sweden-India Business – The Potential of a Great Future.................................................................. 14 Trelleborg Establishes Platform for Further Growth in India............................................................... 15 Gunnebo - Trusted Security Partner of Indian Banks......................................................................... 16 Swedish Investments in India to Increase Three-Fold in Next Two Years............................................ 18 2012 Republic Day Celebrations in Stockholm................................................................................... 19 India’s first Compressed Biogas (CBG) Plant to Convert Waste into CNG............................................. 20 WWF Seminar at India House.......................................................................................................... 22 Innovation Delegation from India Visits Sweden............................................................................... 23 India-Sweden: Pictorial Journey in 2011........................................................................................... 24 Indian Economy Overview............................................................................................................... 28 The Swedish Chamber of Commerce in India................................................................................... 31 Saab India: The Making of a “Home Market”.................................................................................... 32 Indian Cultural Extravaganza in Sweden and Latvia........................................................................... 34 Biomass - A Storehouse of Clean Energy.......................................................................................... 36 Delhi: A Palimpsest of 100 Glorious Years......................................................................................... 39 Foreign Direct Investment Prospects for India.................................................................................. 42 Cognizant- A New Approach to Productivity and Competitive Advantage............................................. 44 How Flipkart Broke India's Online Shopping Inertia........................................................................... 46 Interview with H.E. Mr. Lars-Olof Lindgren, Ambassador of Sweden to India....................................... 48 Tourism in India: An Overview......................................................................................................... 50 ‘Rocket Woman' Propels India's Missile Mission................................................................................. 54 Brain Drain has Now Become Brain Gain.......................................................................................... 56 Indian Ports Poised for Huge Growth............................................................................................... 58 Sup with Tribals, Explore Wilderness - Northeast Beckons................................................................. 60 India - Growing Hub of Publishing................................................................................................... 62 Interesting Facts About India.......................................................................................................... 65 Quotable Quotes of Mahatma Gandhi ............................................................................................. 66 Published by Krest Publications in New Delhi in association Cover photos (clockwise): with Embassy of India in Stockholm (Sweden) India Gate; Minister for External Affairs, Mr. S.M. Krishna with Foreign Contact Details: Tel. : 91-11-4653 9323 • Fax : 91-11-4610 5603 Affairs Minister of Sweden Mr. Carl Bildt; Delhi Metro; Taj Mahal; Email: editor@diplomacy.in Bird's eye view of Stockholm; Stockholm City Hall Printing: Rave India Disclaimer: 'India-Sweden in Focus' is a special publication. The views expressed in this publication do not necessarily represent the position of the Embassy of India, Sweden or the Government of India. The magazine has no commercial value and is not for sale. It is for private circulation only.
“India Poised for Rapid Upswing in Ties with Sweden”- Ambassador The dynamic and articulate Ambassador of India, H.E. Mr. Ashok Sajjanhar in a free wheeling interview with journalist Harun Riaz exudes confidence that the “information gap” is fast disappearing from rapidly expanding bilateral ties with Sweden which are multi-faceted and multi-dimensional. India. Bilateral ties have acquired great dynamism in all spheres including political, strategic, security, economic, commercial, education, science and technology, cultural and others. However we are still far from realizing the full potential of bilateral relations. Both our countries are poised at the threshold of a rapid upswing in bilateral partnership. Our agenda for 2012 is to organise several joint events, take a number of new initiatives and arrange high level visits to provide a strong impetus to our bilateral engagement. Some of these exchanges will include visits by Swedish Ministers of Health and Social Affairs (Göran Hägglund), Enterprise (Annie Lööf), Secretary of State H.E. Mr. Ashok Sajjanhar, Ambassador of India Frank Belfrage, Parliamentary to Sweden and Latvia Committees on Environment and Agriculture, Defence; Mayor of Stockholm and several others to India. From India we expect the Excellency, are you satisfied levels. In 2011, Hon’ble Speaker Minister of New and Renewable with the pace of growth in of Lok Sabha accompanied by Energy, National Security Adviser India-Sweden bilateral ties 6 Parliamentarians; Ministers of and others to visit Sweden. It and what’s your agenda for Power, IT and Communications, is our intention to inform the 2012? and Human Resources SMEs of Sweden who often hold Development; Dr. Sam Pitroda; niche technologies that India’s Relations between India and Member of Planning Commission attractive investment climate Sweden have always been close, Dr Saumitra Chaudhuri and presents excellent opportunities warm and friendly. There has several others visited Sweden. to establish manufacturing been a significant intensification Swedish Foreign Minister Carl enterprises, transfer technology, of our ties over the last few Bildt, Defence Minister Sten conduct joint R&D etc.Both India years.This is reflected in the Tolgfors; State Secretaries in and Sweden are looking at each large number of high-level visits Ministries of Health (Karin other with greater seriousness and at Ministerial and official levels Johansson), Defence (Hans focus to significantly upgrade their as well as at private business Jevrell) and many others visited bilateral engagement. indi a-s w eden in Fo c u s 4
Atlas Copco is developing a new The Embassy signed an Agreement The total bilateral trade of USD Compressor in its factory in Pune. in Dec, 2011 to establish an ICCR 2 billion looks below potential All this has taken place in 2011! I Chair of Indian Studies at the and also trade balance is could give many more examples of University of Gothenburg. A in favour of Sweden. Your the dynamic interaction and close similar Chair will be established at comments. cooperation between Industrial the Uppsala University in 2012. As I have mentioned earlier, full and business enterprises of our potential of bilateral ties has yet to countries. India’s exports to A recent survey has indicated be realized. This is particularly true Sweden registered a growth of that there will be a three-fold in the case of bilateral economic 23% in the first 9 months of 2011 increase in Swedish investment and commercial relations. We and those of Sweden to India into India. Can you share can achieve much higher levels increased by 15%. I am confident the current level of Swedish of bilateral trade than the current that bilateral commercial and investment in India, and what figure of USD 2 billion. It should, economic relations will register is being done to spread more however, be noted that many a significant upward growth in awareness about business Swedish companies like IKEA, coming years. opportunities in India? H&M etc. source goods and products from India which do not get reflected in bilateral trade figures because such acquisitions are made by their international sourcing offices. The figure of USD 2 billion also does not include the significant export of services particularly in the IT sector from India to Sweden. In addition to bilateral trade, there is vibrant exchange in the area of investment, acquisitions, project exports, technology development, innovations etc. In 2011, the Aditya Birla Group acquired a specialty paper and pulp factory in Sweden for a total investment of USD 340 million (SEK 2.4 billion); Crompton Greaves India acquired a Swedish electrical component manufacturing unit Ambassador Ashok Sajjanhar was invited by H.E. Ms. Anna Kinberg Batra, MP & Chairman Emotron for USD 90 million of the India Friendship Group to speak in the Swedish Parliament on March 9, 2011 (SEK 630 million); ABB has won the largest contract ever of USD In the area of culture, the According to estimates, Swedish 900 million for installation of a Embassy invited and organised investment in India is in the 1768 kilometer High-Voltage DC performances of Bharatnatyam range of USD 1 billion. Currently, Transmission line from North- and Kathak dances by a troupe there are 170 Swedish companies East in India to Agra; ABB, SKF comprising of disciples of gurus operating in India. In addition, etc have established their global Dr. Saroja Vaidyanathan and more than two new Swedish R&D Centres in India; SAAB Shovana Narayan in Nov, 2011 companies are being established and Mahindra Satyam have in Stockholm and Riga. In 2012, In India every month. We expect established a Technology Centre we are planning to invite more Swedish investment to grow in India to undertake R&D in troupes to promote cultural significantly in the coming years. aerospace, defence and urban understanding and collaboration The recent decision by Indian innovation including civil security; between our countries. An Government to allow 100% FDI Volvo Trucks is developing a exhibition of paintings by eminent in single-brand retail would be of medium-power truck engine in Indian painter Jatin Das has been interest to large Swedish firms like its joint venture unit with Eicher organised in several Swedish IKEA, H&M and others. Sweden’s in India for catering to Indian as cities in 2011 and will continue interest in looking to India as a well as to international market; in 2012. prominent and expanding market 5 india -sw eden in Focus
has increased significantly in reality of conditions in India today. heritage and legacy when recent years. Sweden’s economy Many people still think of India as confronted with the onslaught is primarily dependent on exports. a country which is afflicted with of Western culture which tends Its major markets in Europe extreme poverty, malnutrition, to focus on violence, crime, as well as USA and Japan are disease, caste discrimination etc. vulgarity etc. It is necessary to registering uncertain and weak The challenge is to inform the inform people that Indian culture growth. Its interest in exploiting decision and policy makers as itself is becoming very popular the Indian market with a middle well as the common people that and making waves in several class of 300 million plus has grown another India also exists which Western countries. Moreover, we significantly. In addition, Sweden is confident, highly educated and need to remember what Mahatma would also like to transfer some skilled, motivated, ambitious, Gandhi said :: “I do not want my of its manufacturing activities to hardworking and which is taking house to be walled in on all sides India to take advantage of the the country rapidly on the path and my windows to be stuffed. I highly skilled and competitively of growth and development. We want the culture of all lands to be priced workforce in the country. have to inform our interlocutors blown about my house as free as Recent years have hence seen a about the new initiatives and possible. But I refuse to be blown significant growth in not only joint policies that the Government has off my feet by any”. The current ventures for joint development taken to ensure that the 8-10% policy of the country epitomizes and production of technologically this thinking. sophisticated products but also “To begin with R&D in new areas in which rich potential for promotion of an IFFA Award Can you share with us the news or information about bilateral cooperation exists. Function would interest shown by Swedish The Embassy has organized events help to bring tourists to visit India. How in Stockholm as well as in other successful has ‘Incredible Sweden more India’ campaign been? cities including Gothenburg, Lund, Östersund, Linköping, Norrköping, prominently There is growing interest among Umeå, Luleå, Sundsvall, Dalarna, on the radar Swedish tourists to visit India. We Härnösand, Jonköping, Vasteras and others to actively engage screen of Indian have seen a significant growth in tourist trade of more than 10% with the Swedish industrial and film producing every year for the last few years. business community, inform them companies” However, the number of tourists about the growth potential and to India which is around 40,000 prospects in India and provide every year can be increased them with all relevant information growth rate that the country has much more. The Incredible and details about modalities for registered over the last several India Campaign has been a establishment of new companies, years will go to lift the people great success. The Embassy in taxation regime etc. in India I am at the bottom of the pyramid collaboration with the India pleased to say that these initiatives out of poverty and provide them Tourism Office in Amsterdam has have started paying encouraging with all possible opportunities organized a number of interesting dividends by attracting more for economic development and events to showcase India to tourist Swedish companies to go to India growth. In this context, we agencies and organizations as and explore opportunities for focus on initiatives like Right to well as media, including print and trade and investment. Information to bring transparency electronic media. So far tourists to governance and ensure that have understandably been visiting As Ambassador of India, you adhoc and arbitrary decisions Goa and Kerala in search of sun are very active and travelling are not taken; Mahatma Gandhi and sand. We are, however, trying all over Sweden. What kind of National Rural Employment to attract them also to cultural queries and questions you are Guarantee Act (MGNREGA) to sites to present them with the rich asked by the Swedish during provide minimum employment to architecture, history, cuisine and your interaction with them. all citizens of the country; Right color that India has to offer in to Education; Food Security Bill Rajasthan, Madhya Pradesh, UP, Although relations between India etc. Karnataka and other States. and Sweden are ancient and historical, there is considerable Queries are also raised about “information gap” between how India is able to preserve Neither Swedish film crews perception of Swedish people and and promote its ancient cultural nor Indian film crews have indi a-s w eden in Fo c u s 6
explored each other’s country famines that afflict the country. in India by way of new and to shoot movies. What is However, of late, we have started renewable energy? preventing Indo-Swedish seeing many positive reports and collaboration, in terms of joint full page articles on the growth New and renewable energy is movies production or filming and development of the Indian one of the most important areas locations? economy, science and technology, of collaboration and cooperation research and development, as between India and Sweden. There have been a few Indian also emergence of India as a Currently more than 90% of films that have been shot in stable, prominent and responsible Sweden’s electricity consumption Sweden. Likewise, a few Swedish player in international political, is supplied by renewable and films based on Indian themes green energy. India confronts the have been shot in India. However, the results so far have not even scratched the surface of the huge potential. Sweden needs to promote and market itself in a much more aggressive manner to the Bollywood film industry. They need to showcase and profile the beauty of the midnight sun, Lapland, Ice Hotel in Jukkasjärvi, Tree Hotel in Kallax, Archipelago of Stockholm, the ski resorts of Jämtland and other breathtaking sites. It will also be necessary to work out a suitable business model to ensure that the Indian film producing companies are able to get commercial deals comparable and competitive with the ones that they are offered while filming in Switzerland, France, USA, Australia and New Zealand. This field has huge possibilities and we are encouraging the Ambassador Ashok Sajjanhar hosted a Reception at India House on concerned Swedish authorities to November 12, 2011 on the occasion of India Forum IV organised by pay greater attention to promoting German Marshall Fund and Swedish Foreign Ministry it. To begin with an IFFA Award Function would help to bring economic and security spheres. dual challenge of ensuring energy Sweden more prominently on I have seen this even over the security for its GDP growth of the radar screen of Indian film 18 months or so that I have 8-10% for the next 20-30 years producing companies. been in this country. There is as also preserving its environment also increased reporting on the for future generations. We need positive contribution being made to move away from our current Is it true that Indian presence by young Indian professionals reliance on fossil fuels including in Sweden is increasing and working in many large Swedish coal, oil and gas. We are investing India is also being covered/ companies to strengthen bilateral significantly in new and renewable reported by the Swedish understanding and cooperation. energy like solar, wind, bio-mass, media? Indian professionals are the small hydro units as well as I am happy to inform your readers second largest foreign immigrants increased energy efficiency of that the coverage of India in in Sweden and through their new residential and industrial Swedish newspapers, magazines hard work, determination and establishments. Sweden has and journals is receiving greater enthusiasm have created a very immense experience and latest attention and has become more positive impact. technology in these areas. Both positive. Earlier, most of the countries are cooperating and reporting would be on the extent collaborating to mutual benefit What role can Sweden play in of poverty and on various disasters and advantage in meeting this increasing power generation like earthquakes, floods, droughts, enormous challenge. 7 india -sw eden in Focus
Sweden Ready for More Business with India India is a profitable market for Swedish companies. This is evident from the fact that despite the global recession, Swedish companies doing business in India are reporting that their business is going strong and are buoyant with an even more positive outlook in the near future. huge budget deficits, by raising national taxes and cutting public spending. In this context, Sweden has managed to keep its national debt in check and the budget deficit in balance. Sweden remains a stable island in an ocean of storm. Transparency and innovation are the country’s confidence boosting factors. Sweden is ready to do more business in the international context. Economic Relations In the backdrop of the European crisis, Sweden is in a position to assist India and offer her much of what she needs for rapid economic expansion. Sweden must tap all the opportunities that come Ambassador H.E. Mr. Ashok Sajjanhar with Ms. Anna Kinberg Batra, along in regard to the positive Leader of the ruling Moderate Party in Parliament developments taking place in the Indian society today. S India today is brimming with ince India attained Independence on 15th August 1947, India optimism, future beliefs and has a and Sweden have enjoyed bilateral political relations and in fact robust and growing middle class. Swedish companies have had a presence in India since the 1920s. Swedish companies are taking The ties between both countries are close and friendly, based on a shared advantage of this scenario and history of common perceptions on issues related to democracy, social have augmented their interest and and economic development, and even disarmament. exchange of products and services India is an economic superpower and the world’s largest democracy. with Indian companies and The country’s backbone is its youth, and the well educated and English customers. It is no exaggeration speaking population. This demographic advantage will continue to that every month, new Swedish serve as a foundation for the country’s economy, which is seeing a enterprises are being registered GDP growth rate of roughly 9 per cent per year. in India. Even though India’s growth rate had slowed down in 2011 there are Bilateral trade between India and few countries that can boast of such growth levels. On the contrary, Sweden continues to expand, the US and Europe are in the midst of a serious economic downturn. as Sweden’s top leadership Several European countries are battling mammoth national debts and emphasizes the need to strengthen indi a-s w eden in Fo c u s 8
relations with India. Interestingly, globalized economy with mutual level research and an education India is the 19th largest market efforts. For example, lowering platform as we move towards a for Sweden. According to data trade barriers through a free more globalized export-oriented provided by Sweden Investment trade agreement between India economy. Agency (SIA), Sweden is the and the EU would go a long way 12th largest FDI investor in in reinforcing the commercial India and Sweden can develop India. Today, there are over 40 relations between the two a close relationship by learning IT companies (of which country? countries. from each other through a healthy India?)that are marketing their exchange ideas and experiences. software and services in Sweden. Furthermore, we (does this This will secure a prosperous There are close to 140 Swedish mean Sweden or both India future for our people, companies companies that are based in India. and Sweden?)need to focus our and society. They employ approximately policies on creating a low carbon The author is Leader of the ruling 6,50,000 persons. Mumbai and environment while developing an Moderate Party in Parliament and Pune constitute the heartland of advanced infrastructure, a high former chair of the 'Sweden-Indian Friends’ Association the Swedish industry in India. Official Relations Sweden is officially represented in India by its embassy in New Delhi and two commercial agencies. The Swedish Trade Council that supports Swedish companies in their ventures abroad has offices in New Delhi, Bangalore and Mumbai. Invest Sweden is an agency that assists Indian companies that are interested in doing business with Sweden. The agency is based in New Delhi and is situated in the embassy’s premises. In the backdrop of the deepening and broadening relations between the two countries in areas of science, economy and politics, the Swedish government is planning to establish a new consulate general in Mumbai. It is recommended that trade and export between the two countries should be stress-free for companies. Keeping this in mind, Some call it instant access. Swedish authorities in India are working to facilitate interested We call it Trelleborg Gateway. home companies and individuals to cooperate with or establish themselves in India. The Gateway smartphone app provides instant access to Download it now! Trelleborg and our high-performance products and solutions Challenges Ahead across multiple industries. It helps you easily find contact information for all our business areas world-wide. The future poses inevitable Available for Android challenges for both countries. To Download it now to also get news and updates, career opportunities, share information and much much more... overcome these, it is important that we position ourselves more Trelleborg Gateway – welcome to our world. strategically in an accelerating 9 india -sw eden in Focus
Speaker of Parliament Mrs. Meira Kumar Visits Sweden Hon’ble Speaker of Lok Sabha, Mrs. Meira Kumar led a Parliamentary delegation to Sweden from June 13 to 16, 2011. She was accompanied by MPs Mr. H.N. Yadav, Mr. D.R. Meghe, Mr. E.T.M. Basheer and Mr. Prem Das Katheria, all from Lok Sabha and Mr. P. Rajeeve and Mr. Thomas Sangma, both from Rajya Sabha, and the Secretary General of Lok Sabha Mr. T.K. Viswanathan. O n June 14, the Hon’ble Speaker called on His Majesty Carl XVI Gustaf, King of Sweden. The speaker centered on education of children in India, nuclear safety issues in the wake of Japan’s nuclear crisis and energy infrastructure Swedish Parliament, had earlier led a delegation from the Swedish Parliament to India in February, 2008. met her counterpart Mr. Per in India. Westerberg, Hon’ble Speaker of The two Hon’ble Speakers also Riksdag, Swedish Parliament and During the meeting with her expressed appreciation of the met members of the Committee on counterpart Mr. Westerberg, the current state of warm and friendly relations between the two countries and the expansion of bilateral trade and economic relations. India is the fourth largest economy in the world in purchasing power parity (PPP) terms with high growth rates in recent years, whereas Sweden is one of the strongest economies in Europe. This provides complementarities in development of bilateral economic relations. The Speaker of the Swedish Parliament appreciated the fact that around 30 per cent of IT professionals currently working in Sweden are from India. The two Hon’ble Speakers also exchanged views on areas of energy security, Hon’ble Speaker, Lok Sabha Mrs. Meira Kumar with His Majesty including renewable energy and Carl XVI Gustaf, King of Sweden environment friendly technology as promising areas for bilateral economic and commercial Industry and Trade of the Swedish two Speakers emphasised the cooperation. They also discussed Parliament. need for continued exchange the status of women in both the of parliamentary delegations H.M. King Carl XVI Gustaf fondly countries. between the two countries remembered his visit to India for enhancement of bilateral in 2005 as part of the Royal Speaker Mrs. Kumar also had a relations. Mrs. Kumar extended Technology Mission. H.M. The meeting with the Committee on an invitation to the Hon’ble King said that he was deeply Industry and Trade of the Swedish Speaker of Sweden to lead a impressed by the progresse and Parliament. During the meeting parliamentary delegation to India advance made by India. The both sides expressed appreciation which was readily accepted by discussion with H.M. The King over the fact that significant cross him. The Speaker of Riksdag, indi a-s w eden in Fo c u s 10
investments have been made by India and Sweden which have grown over the years. While 160 Swedish companies are currently operating in India, there are more than 70 Indian companies active in Sweden. For Sweden, India is the 3rd largest trading partner in Asia with Sweden being the 12th largest investor in India. The two sides agreed that Swedish technology and expertise in renewable energy and bio-energy would be suitable for India. As the societies and economies are increasingly progressing towards knowledge- based societies, cooperation in the field of education through Hon'ble Speaker Lok Sabha, Mrs. Meira Kumar with HE Mr. Per Westerberg, institutional linkages and tie-ups Speaker of the Swedish Parliament (Riksdag) was also agreed as a fruitful area of residential areas with minimal Ambassador H.E. Mr. Ashok of cooperation. This would result negative impact on environment, Sajjanhar hosted a reception in a win-win situation for both waste disposal system as well as in honour of the Lok Sabha countries. facility for energy generation from Speaker and the Parliamentary On June 15, the Hon’ble Speaker domestic waste. Delegation on June 15, 2011 witnessed the proceedings of the at India House, Stockholm. During her meeting with the Hon’ble Speaker interacted with Swedish Parliament, visited the President of the Stockholm City eco-friendly city, Hammarby a cross-section of people from the Sjostad and the Stockholm City Council. The Hon’ble speaker had a meeting with members of the Committee on Foreign Affairs of the Swedish Parliament. Speaker Mrs. Kumar also witnessed the Party Leaders debate at Riksdag, Swedish Parliament, which was attended by the Swedish Prime Minister Mr. Fredrik Reinfeldt, the main Opposition Party Leader Mr. Hakan Juholt and other leaders of Opposition parties in Sweden. The Party Leaders’ debate is held every fourth month and covers all areas of Government policy, including internal and foreign policy. The Hon’ble Speaker Mr. Manjul Kumar, Hon'ble Speaker Mrs. Meira Kumar, Mrs. Madhu Sajjanhar, Ambassador Ashok Sajjanhar of Sweden, during the Session, acknowledged the presence of multiparty Indian Parliamentary Council, the Hon’ble Speaker Swedish Government, businessmen, delegation led by the Hon’ble exchanged views on renewable professionals, media and Indian Speaker in Riksdag. energy, bio-fuel, innovation and nationals and discussed with them eco-friendly town planning and the current facets of India-Sweden On her visit to the eco-friendly city management as promising areas bilateral relations as seen from the Hammarby Sjostad, Mrs. Kumar of cooperation between India and perspectives of the common man. saw the design and construction Sweden. (Inputs from Mayuri Datta) 11 india -sw eden in Focus
MoS for External Affairs Mrs. Preneet Kaur Visits Latvia Hon’ble Mrs. Preneet Kaur, Minister of State for External Affairs, paid a three-day visit to Latvia from 31st March to 2nd April 2011. During her visit the minister participated in high-level meetings and discussions to strengthen Indo-Latvian ties. R elations between India and Latvia are cordial, warm and rapidly expanding. Latvia seeks an and established diplomatic relations on 25th February, 1992. After Latvia joined EU, Indian companies that invested in Latvia Agreement would promote bilateral relations and cooperation between countries in the Baltic region and India. enhanced engagement with India benefitted as they gained entry in recognition of the latter’s into EU markets. The two ministers discussed credentials as the world’s opportunities to increase bilateral largest democracy, and growing During her visit, Hon’ble MoS trade as also to enhance India’s economic power, and a country Mrs. Preneet Kaur met H.E. Mr investment in significant regional that shares common cultural Girts Valdis Kristovskis, Foreign IT, Life Sciences, Transportation roots with Latvia. On her part, Minister of Latvia, and held and Logistics projects. Smt Preneet India appreciates the pivotal comprehensive discussions on Kaur expressed confidence in the position that Latvia occupies as a expanding and strengthening future growth and prosperity of the gateway to both the EU and to the bilateral relations. FM Kristovskis Baltic region. Both countries agreed to expand bilateral cooperation in education, health, research and cultural fields. FM Kristovskis invited Indian students to take advantage of the higher educational institutions and facilities available in Latvia. The Latvian authorities were advised to visit India to inform and attract Indian students to pursue their higher education in Latvia. FM Kristovskis conveyed Latvia’s support to India’s bid for Permanent Membership of the United Nations Security Council. During her visit, Mrs. Preneet Kaur met Minister of Economy Mr Artis Minister of State for External Affairs Mrs. Preneet Kaur with Latvian Kampars, Minister of Health Mr Foreign Minister Girts Valdis Kristovskis Juris Barzdins, Deputy Speaker of Saeima (Latvian Parliament) Mr Russian hinterlands. India seeks appreciated India’s increasing Andrejs Klementjevs and Chairman to develop its relations with Latvia role in international affairs and of the India Friendship Group in in all spheres including political, invited India to participate in Latvian Parliament Mr Atis Lejins. economic, commercial, education, various innovative cooperation Discussions were held to expand, health, culture, etc. projects in the Baltic region. Both strengthen and deepen cooperation ministers agreed that the strategic India acknowledged Latvia as and relations between India and partnership between the EU and a sovereign and independent Latvia in areas of economy, health, India as well as the planned state on 7th September, 1991, commerce, inter-parliamentary ties, signing of the EU-India Free Trade indi a-s w eden in Fo c u s 12
investment, culture and other spheres. A Reception was hosted by Indian Ambassador Mr Ashok Sajjanhar in honour of Hon’ble Minister of State for External Affairs. This was attended by prominent ministers of economy, health, academicians, senior government officials, businessmen, media persons and members of the Indian community. In her address, Mrs. Preneet Kaur announced that an Honorary Consul to Latvia Minister of State for External Affairs, Mrs. Preneet Kaur with Mr Atis Lejiņš (MP would soon be appointed. & Chairman of India-Latvia Friendship group) and Ms Silva Bendrate MP Mrs. Preneet Kaur with Ambassador Ashok Sajjanhar and Indian community in Latvia She also stated that the Agreement Cooperation between Indo- gratitude to the Hon’ble Minister for promoting cooperation Baltic Federation of Culture for her visit and said that it between the two countries in areas and Commerce and the Latvian would provide an impetus to of Health and Life Sciences would Chamber of Commerce and bilateral ties and relations. They be signed soon. She welcomed Industry. She said that the affirmed their strong resolve and the decision of the Latvian Agreement of cooperation was determination to work in a united Government to jointly celebrate another strong step towards manner to strengthen ties between with the Indian Embassy the 150th strengthening ties between both the two countries. Birth Anniversary of Rabindranath countries. Tagore, the first Nobel Laureate Mrs. Preneet Kaur visited Jurmala from Asia, who won the award for A cultural programme was on 2nd April, 2011, and held his path-breaking work ‘Gitanjali’ organised and it included Odissi discussions with the Mayor of in 1913. Mrs. Kaur welcomed dance performances by Ms Anette Jurmala City Council on further the establishment of an India Pooja and Mr Hans Peter Eskilsson expanding cooperation and Friendship Group in the Latvian from Gothenburg, Sweden and diversifying relations between Parliament. Bharatanatyam performance by Jurmala and appropriate partner Bharata Group from Latvia. Two regions in India. She also announced that short films, one titled ‘The Spirit discussions on establishment of of India’ produced by the Public Hon’ble Minister of State Mrs. a Chair of India Studies at the Diplomacy Division and the other Preneet Kaur’s visit reaffirmed University of Latvia were at an on the Indian Economy, produced the strong and active interest advanced stage and that the by IBEF were screened. of the Indian government, Agreement was expected to be political leadership and business signed shortly. She welcomed Participants at the reception community to further deepen and the signing of Agreement of expressed appreciation and expand bilateral partnership. 13 india -sw eden in Focus
Sweden-India Business – The Potential of a Great Future By Robin Sukhia, Secretary General, Sweden-India Business Council I n 2005, India was still far away India great knowledge of producing in the minds of the Swedish extraordinary products using few business community, likewise, people and distributing it globally Sweden was far away in the minds as Sweden can. Sweden needs to of the Indian business leaders. Since go back to its roots and pioneer then business and understanding new markets and new frontiers, but have increased tremendously with lower cost quality products. and continuous to do so.The full India needs a true partner tolearn potential of the Sweden-India manufacturing quality and higher relationship is still not close to being end products and also be able to unleashed. Technology development distribute them globally. Only then, and cooperation is the future of our will both nations benefit from each nations businesses. other. Since 2005, SIBC has focused Mr. Robin Sukhia, SIBC SIBC executes over 20 activities per immensely on trying to make the year (since 2005) in order to show Swedish business community If Sweden is to compete and people and companies how to go comfortable with the idea of India as sustain leadershipin many about navigating the challenges of a rising huge market. Simultaneously industrial areas on the global creating business between India efforts have been made in India arena, the solution must be to use and Sweden. SIBC has even co- trying to make the Indian business an integrated model where R&D, founded the Asia Executive Meetings community aware of Sweden. There manufacturing and global sales programme to make it easier for are about 140 Swedish companies is integrated between Sweden the business community to gain registered in India and nearly 800 and India. For Sweden, hardly experience from other markets and companies working with India any country can offer respect draw conclusions on their own today, and 40 Indian companies forIP rights and technology savvy business ventures and strategies. were registered in Sweden by 2011. engineers of quantity as India Last year SIBC had a combination These numbers are not enough. can. Few countries can offer of speakers such as Mr. Carl Bennet of Getinge, Mr. Hans-Olov Olsson former CEO Volvo Cars, Ambassador Ashok Sajjanhar and Ambassador Lars-Olof Lindgren, Mr. Pär Östberg of AB Volvo, as well as theme seminars such as logistics. In 2012 the plan is to continue on this path and have many great speakers and seminars planned for our members. The Sweden-India Business Council (SIBC) is the first choice network for growing business between Sweden and India. The mission is to facilitate business and choice of strategy for its members by: Increasing knowledge and exchange of experiences: Providing access to large business network and relevant private and public institutions. indi a-s w eden in Fo c u s 14
Trelleborg Establishes Platform for Further Growth in India L eading global engineering group, Trelleborg has increased its physical presence, technical application Center of Excellence for a select number of production processes and industrial niche segments in Bangalore, Karnataka. The new know how, and customer support facility will be inaugurated in in India. The company opened April 2012. several new facilities in 2011 and has plans for starting some more The company has a global in 2012. customer base and significant growth potential in the automotive Trelleborg is a global engineering sector. Trelleborg Automotive, group whose leading positions existing customer base. In a bid located in Noida, UP will develop are based on advanced polymer to effectively capitalize on the and produce polymer-based technology and in-depth future growth in the country, components and systems used applications know-how. The the same business area has for noise and vibration damping company is in the business of recently started a new operation in passenger cars and trucks. developing high-performance in Bangalore. It comprises This Trelleborg operation isa solutions that seal, damp and development, manufacturing joint venture and will commence protect in demanding industrial and sales within industrial in 2012. environments. antivibration and moulded components. Printing blankets According to Peter Nilsson, “We President and CEO of Trelleborg, is another area where Trelleborg have long been present in India Peter Nilsson, commented: “India is considering strengthening its and have a total of about 900 has a vast and growing economy business activities. employees there. Looking ahead, with an average growth of 7 to 8 India’s structural changes in per cent expected in the next three Since the last ten years, Trelleborg terms of continuing population years in industrial segments alone. Sealing Solutions has been growth, industrial development Therefore, the decision to increase supplying the market with several and demand for infrastructure our investment in this key area is million seal solutions. It has such as railways, roads/tunnels, a logical next step that couldn’t now taken a strategic decision airports and ports make India a have been an easier one”. to increase its investment into perfect match for Trelleborg”. the country by establishing a Investments include relocation of the Trelleborg Marine Systems, part of Trelleborg Engineered Systems, ‘Engineering and Design Centre of Excellence’ to Ahmedabad, Gujarat. The Centre provides a complete cradle-to-grave service that maintains quality right through the supply chain to the 15 india -sw eden in Focus
"Trusted Security Partner of Indian Banks" An interview with Mr. Per Borgvall, President & CEO, Gunnebo Security Group at design improvisation as & when Mr. Borgvall, while leading Do you make a study of the necessary. Indian banks are your security solutions required customers, how successful for Indian conditions, before have your company been in launching products here? During you travel in India, penetrating the fast growing what level of awareness you private sector, leading Gunnebo is not a Product Supplier notice in terms of security, infrastructure players to But a Solution Provider. We while interacting and visiting provide security solutions? are a one stop Shop Solution embassies, private sector, Provider to the Security need government ministries, malls While Practically all the Leading of our customers. Our Products and at citizens’ level in their Banks (Public & Private Sector) is just a means to provide a homes? are our customers we have solution. made significant inroads into In December I had an opportunity Cooperative & Gramin (Rural) to meet top customers in India Banks.We are a leading Solution Can you describe in detail, during Customer Event. I am what security solutions pleased to note that in India Gunnebo has for small scale more & more awareness is enterprises in India? And observed with respect to Security what role security of the Solutions. The customers are business and personnel play very knowledgeable and are in running and profiting of well aware about the technology the business? trends in this domain. This helps us as a leading Security Solutions While we have solutions for provider as customers in India various segments for SME we appreciate our view & support our provide solutions in the domain of market focus solutions. Physical Security and Electronic Security. We have competency to provide Services for 3rd party What’s the contribution products (Annual Maintenance of Indians in Gunnebo, in Contracts, Retrofits etc.). research and development, better technology and new security solutions? Gunnebo has specialization in bank ATM machines. In India is our fifth largest market Mr. Per Borgvall, President & CEO recent days, the number of globally. The business in India is Gunnebo Security Group cases where ATM machines growing over 25per cent CAGR & were tampered with and cash hence this geography is extremely Provider in Corporate Sector & has been looted. Do you important to Gunnebo Group. have provided Entrance Control, keep a track of these cases to We have a R&D set up at our Global Services to customers make ATM machines tamper Halol Plant which closely works like Ericsson, American Express proof? with our Global R&D Group. This etc. While we are proud to group has been instrumental in have provided solution to Delhi We have a strategic relationship introducing innovative products Metro Phase 1 we are closely with top manufacturers of ATM like modular safe deposit lockers. working on some large scale machines. We manufacture We have recently launched new infrastructure projects in Metro special safes for their ATM range of fire extinguishers as per Rail & Airports. Machines. We definitely relook the new standards IS 15683. indi a-s w eden in Fo c u s 16
Security Solutions for a Safer Future Gunnebo is a Swedish listed international security group operating in 31 countries across the globe and with a presence in a further 100 markets through agents and distributors. Gunnebo provides integrated security solutions to customers that set high standards for secure cash management handling, access and entrance control, site protection and fire protection. Furthermore, Gunnebo is a world leading supplier of high graded fire and burglary resistant safes. Gunnebo has been present in India since 1932 through its subsidiary Steelage. We make your world safer.
Swedish Investments in India to Increase Three-Fold in Next Two Years T he growth rate of the Swedish companies and their willingness to invest in India remains high and is increasing at by the feedback and response to the questionnaire, it looks encouraging for the future as well,’’ says Mr Jörgen Sjöström, 6. The number of employment opportunities is growing rapidly. Swedish companies will increase local workforce with 61per cent an impressive rate, according to Chairman, Swedish Chamber of from 2010 to 2012. results of the fourth Business Climate Commerce in India. 7. The estimated number of indirect Survey. The Survey is conducted employment opportunities is annually by the Swedish Chamber of The 2011 Survey has two new approximately 580,000 through Commerce in India (SCCI) together features: an in-depth analysis suppliers/distributes in India with the Swedish Trade Council of the workforce challenges across the value chain, a figure and the Embassy of Sweden. It in India and Corporate Social that has almost doubled from the is an attempt to understand the Responsibility. last year’s survey. confidence of Swedish companies in Key findings in the Business 8. Almost half of the companies India, to identify the obstacles and Climate Survey 2011: are investing time and resources how they can be reduced. when it comes to CSR in India, 1. The present business climate ‘‘Each year the positive results of the with focus mainly on employee in India is rated at an average Business Climate Survey reiterate health and education (87per cent) of 7.5. The average rating is how positive Swedish companies and environmental aspects (82per also on par with the business are about India. This, aided by cent). climate in 2010, with an developments in India, make it an 9. 21 per cent of the companies state average of 7.4. attractive destination for Swedish that the motivator for starting 2. 96 per cent of the companies business in India was “pressure companies and businesses,’’ says are planning to increase their H.E. Mr. Lars-Olof Lindgren, from existing customers”, a activities in India in the next duplication from 2010. Ambassador of Sweden to India. three year, an increase of 4per 10. 3 out of 4 Swedish companies state ‘‘Swedish business leaders are cent compared to 2010. that their business in India was as doing the right prioritisation when 3. For the period of 2009 - profitable or even more profitable they increase their investments in 2011, the value of capital than in the majority of the other India," says Mr. Anders Malmström, investments made by the markets where they are present, a Sweden’s Trade Commissioner to companies exceeded SEK 1 figure that has not changed since India and Head of the Swedish Trade billion in total. The estimated last year’s survey. Council. ‘‘India with its continuous planned investments for 2011- 11. Bureaucracy, corruption and and strong growth during the last 2013 will nearly be tripled, taxation system continues to few years is becoming increasingly amounting to approximately be the major challenges for attractive and important to Swedish SEK 2.7 billion. Swedish companies in India. companies.” 4. The companies have in average The most common bottlenecks increased their revenue with encountered by the companies A 137 Swedish companies operating 31per cent in the financial were registration as a legal entity in India participated in the survey. year 2010-2011 compared to (72per cent), acquisition of land The participating companies 2009-2010. This figure should for commercial use (32per cent), represent approximately 90 per cent be compared to the increase financial challenges (28per cent) of Swedish companies’ turnover and in cost of 20per cent for the and difficulties finding a business 85 per cent of Swedish companies’ corresponding time period. partner (24per cent). Also, the employees in India. 5. 96 per cent of companies companies experience that 53per “India provides a strong and anticipate an increase in cent and 39per cent respectively positive business climate for revenue, while 89per cent of the blue collar and white Swedish companies. The confidence report anticipated increased collar workforce was not skilled has steadily increased. And going costs. enough. indi a-s w eden in Fo c u s 18
2012 Republic Day Celebrations in Stockholm Ambassador Ashok Sajjanhar unfurling the National Flag Ambassador Ashok Sajjanhar with Secretary of State Ms. Hanna Hellquist, Chief Guest of the Celebrations Ambassador Ashok Sajjanhar and Mrs. Madhu Sajjanhar with Ambassador Ashok Sajjanhar and Mrs. Madhu Sajjanhar with Secretary of State Mr. Joakim Stymne Governor of Västmanland County Mr. Ingemar Skogö Ambassador Ashok Sajjanhar and Mrs. Madhu Sajjanhar with An appreciative audience during the 63rd Republic Mr.Ulf Holm, Second Deputy Speaker of Swedish Parliament Day celebrations on 27th January, 2012 Ambassador Ashok Sajjanhar and Mrs. Madhu Sajjanhar with Jugalbandi in Kathak by Sunita Singh and in Odissi by Annettte Pooja some members of the Embassy staff 19 india -sw eden in Focus
India and Sweden Join Hands for India’s First Compressed Biogas (CBG) Plant to Convert Waste into CNG W ork will soon begin towards making India’s first CBG plant to convert waste into CNG a reality. During 2009 India and Sweden started cooperation in the field of Waste to Energy, with a special focus on biogas and the possibilities the highest CNG quality. The CApure™ system, being provided by Läckeby Water AB - Division Purac Puregas, will be designed Memorandum of Understanding to combine Indian and Swedish for a minimum of leakage of (MoU) is being signed between experiences and competence in methane and contribute to modern Indraprastha Gas Limited (IGL), this field. The common ground environmental standards and also KG Renewable Ltd, and Delhi Jal for all participants has been a to the climate with a reduction Board (DJB) for biogas upgrading strong belief that technologies for of 10 000 tons of carbon dioxide and distribution with the support a better use of the energy potential per year. The CApure™ plant is from the Government of Sweden and the Ministry of New and Renewable Energy, Government of India, in line with the Indo- Swedish MoU in the field of Renewable Energy. The signing of the MoU took place on November 23, 2011 in the presence of the Mr. P.K. Tripathi, Chief Secretary of Delhi and H.E. Mr Lars-Olof Lindgren, Ambassador of Sweden to India Keshopur, a 72 MLD sewage treatment plant, has been selected for implementation of the biogas up gradation technology as a pilot project. Through modern biogas technology, waste will be used to produce CNG grade fuel. The estimated gas production at in waste and wastewater could modular and can be easily installed Keshopur plant is 25,000 m3/day be made commercially viable in into the existing infrastructure and the gas produced from the Delhi. at Keshopur and replicated in plant will have the potential to other sites. KG Renewables Ltd. Delhi has been using CNG for its a Kalyani Group company will fuel a fleet of 120 DTC buses. public transport for more than 10 partner with Läckeby Water As per the MoU, a Detailed Project years and has the world’s largest AB - Division Purac Puregas Report is being developed upon fleet of vehicles running on clean for the supply and installation which an SPV will be created fuel. IGL is the sole supplier of the CApure™ plant through with IGL (majority shareholder) of CNG in the capital and a an Agreement with the SPV. A having 51% stake, KG Renewable pioneer in providing clean energy separate MoU will be signed Energy Private Limited having solutions in the region. between KG Renewables Ltd and 39% stake and Delhi Jal Board It is expected that the new Läckeby Water AB - Division having 10% stake as shareholders, technology, introduced by the Purac Puregas, which will stipulate with the purpose of implementing parties in the SPV, will allow the arrangements regarding the the project. for biogas to be upgraded to technology deployment. indi a-s w eden in Fo c u s 20
TEAMING UP WITH INDIA TO DEFEND DEVELOPMENT AND SECURITY Saab is a specialised high technology company in the field of defence and security. Our commitment to the Indian society is manifest through R&D investments, customised solutions and tailor made offset projects – all with a long-term perspective. To us, India is a challenging and exciting high-tech market as well as a beneficial co-operation partner. www.saabgroup.com
WWF Seminar at India House Climate innovations can reduce India’s dependency on fossil fuels and bring a low carbon resilient development. Mr. Andreas Muranyi Scheutz from Swedish Agency for Growth Policy Analysis spoke to the audience about opportunities for possible research collaborations with India and other practicalities of doing business in India. Mr. Joakim Byström, CEO and Founder-Absolicon AB spoke about his experience with India Ambassador H.E. Mr. Ashok Sajjanhar addressing the participants of WWF and the potential for the Swedish Seminar organised at India House on December 14, 2011 SME industries in contributing T to the climate change measures he Embassy of India in carbon foot-prints in the world, in India. cooperation with WWF the first and overriding priority is Sweden organised a to pursue economic development, This was followed by a lively and seminar “The Dual Challenge of to alleviate poverty and to address interactive Question - Answer India - Energy infrastructure for its severe energy deficit. Any Session in which questions were a high humane and low carbon International agreement, will, posed by several participants. future” at India house, Stockholm therefore, have to be sensitive on 14 December 2011. to the enormous challenges we The event was attended by face in bringing the benefits of representatives from companies In his Address, Ambassador of growth to the poorer sections of such as Bjerking AB - Arkitekter India, H. E. Mr. Ashok Sajjanhar our population. och Ingenjörer, 4C Strategies briefed the participants about AB, Green Capital Partners India's position on Climate Mr. Magnus Emfel, Manager AB, Global Utmaning, Gösta Change negotiations and the Climate Innovations at WWF Stenhorn Advokat, Avancee underlying rationale for such a Sweden in his presentation spoke LLC, Naturvårdsverket, position. He also welcomed the about the Climate Innovation Energimyndigheten, Alfa outcome of the 17th Conference of System in India and role of Laval Tumba AB, Diamorph the Parties (COP17) to the United the Government, Knowledge AB, Solvatten, Absolicon, PP Nations Framework Convention institutions, Entrepreneurs and Polymer AB, Cleantech Inn on Climate Change (UNFCCC) in the private sector, Intermediaries Sweden, Umbilical Design AB, Durban held recently. and incubators. Svenska kyrkan, GETT Fuel Ambassador Sajjanhar explained Cells International AB, Synergy He also spoke about the Partner, Annika Dopping AB, about the current energy situation Challenges and Recommended in India and various measures Global Reporting, SEB, Aqua-Q strategies. The recommendation AB, Jordbruksdepartementet, taken by the government to fulfill includes strengthening systems the future needs of the country. Stockholm Innovation & Growth, for knowledge development and Industridesigner MFA, Umbilical He also informed the audience information sharing, Building about the various investment Design, Planet Solutions and capacities and increasing Världsnaturfonden WWF etc. opportunities in the energy sector resources, establishing an such as Solar energy, Wind enabling institutional framework, A number of entrepreneurs energy, Nuclear energy etc., establishing a national platform expressed their keen interest to Ambassador Sajjanhar for coordination and information seriously explore the possibility of emphasized that for a country exchange. He concluded his investing in India and partnering like India with one of the smallest presentation by saying that with Indian companies. indi a-s w eden in Fo c u s 22
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