Make in India

Make in India


The Government of India, as part of its renewed emphasis on invigorating India’s manufacturing sector through its ‘Make in India’ initiative, has decided to organize a 3-day event on ‘Make in India Sweden 2017’ from 11-13 October 2017 in Stockholm, Sweden – A focus country for investments in India.

The engagement will focus on investment opportunities in India for Swedish companies successfully operating in India and considering expansion; Swedish companies which are considering to enter the Indian market; and Swedish companies which have not considered India as its next investment destination yet.

The business event will present and promote cross sector solutions for Swedish investors including SMEs to invest in India and to make in India - for India and for the world. The engagement aims to enhance awareness of potential Swedish investors about Central and State Government policies and incentives in India, including steps taken to increase the ‘Ease of doing Business’, timelines for implementation and review mechanisms. It will also endeavor to facilitate discussions on technology transfer and business collaborations between Swedish and Indian companies.

Key elements of the programme will include the Second Meeting of the India-Sweden Business Leaders Round Table (ISBLRT); an exclusive session of India’s Commerce and Industry Minister with CEOs from both countries; a session on ‘Make in India’; state sessions focusing on potential in Indian states; sectoral seminars and panel discussions; technology-enabled virtual showcase to highlight achievements of and opportunities across various manufacturing sectors in India; and B2B, B2G, and G2G meetings.

As part of the sectoral sessions, discussions would be held around Automobiles & Auto Components, Capital Goods (Engineering), Renewable Energy, Smart Cities, Retail, and Healthcare industry; with their respective sub-sector and collaboration areas. The event would also comprise a discussion session on ‘Innovation’ to promote R&D with collaboration between industry and academia for a sustainable future for both the countries and the world at large.

As part of elaborate preparations for the ‘Make in India Sweden 2017’, Mr. Atul Chaturvedi, Additional Secretary in the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, Government of India, led a 4-member Indian delegation to Stockholm from 18-21 June 2017. He held detailed discussions with relevant stakeholders in the Swedish Government and Industry in order to brief them about the event, finalize focus sectors and tie up logistical arrangements. He also gave a detailed presentation on the event at a specially organized Business Networking Reception, hosted by Indian Ambassador Monika Kapil Mohta, on 19 June, where relevant important Swedish Government and industry representatives were present.

During the visit, Mr. Chaturvedi participated in a roundtable on ‘Make in India for the Healthcare Industry’, organized by Swecare on 19 June, where he met several Swedish pharmaceutical companies interested in investing in India. He also interacted with the ISBLRT Smart City Joint Working Group meeting, organized by Sweden-India Business Council on 21 June. Also, Mr. Chaturvedi interacted with several other Swedish companies and agencies, including Atlas Copco, IKEA, SAAB, Business Sweden, Ericsson and Scania.

The Swedish side agreed to extend all possible support to make the upcoming business event successful, as it would present excellent opportunities to promote India-Sweden trade and economic relations. Both sides strongly felt that Swedish micro, small, medium and large companies will stand to extensively benefit from the engagement, which will bring in a large Indian delegation, comprising policy makers and top industry leaders, and urged for a wider participation of the Swedish business community.

The detailed programme of the Make in India Sweden 2017 will be finalized and circulated in due course.

Stockholm, 21 June 2017