In a robust pitch to Swedish business leaders, outstanding Indian enterprise figures urged larger funding in India, highlighting the nation’s sturdy development prospects and its distinctive positioning within the world economic system.
Talking at a enterprise occasion in Stockholm, Rajan Mittal, Vice Chairman of Bharti Enterprises, underscored India’s financial dynamism and future potential. “If India just isn’t being spoken about in your boardrooms, that you must ask your members why not,” he mentioned. “India will present an unimaginable alternative within the subsequent 20 years. Europe is struggling, and so is the UK.”
Mittal emphasised India’s demographic benefit and entrepreneurial vitality. “For those who work 4 days every week, we’re going to eat you for lunch and dinner,” he quipped. “We’re a younger entrepreneurial nation. Partnerships are the best way to go.”
Mittal additionally drew beneficial comparisons between India and China, noting that not solely is investing in India simpler, however repatriating income can also be extra simple. “I’ve labored with Ericsson since 1992 — it has been an exquisite relationship,” he added, referring to the long-standing Indo-Swedish industrial and financial partnership.
Amit Kalyani, Deputy Managing Director of Bharat Forge, echoed Mittal’s sentiments, highlighting India’s strategic benefit. “India is the one market the place Swedish corporations would not have to compete with China,” he identified, reinforcing India’s uniqueness as an funding vacation spot.
Including additional weight to the case, Mohit Singla, Chairman of the Commerce Promotion Council of India (TPCI), famous a current surge in Swedish enterprise curiosity. “Over the previous three years, India has persistently ranked among the many high three locations for Swedish corporations. This yr, it stands on the high,” he mentioned, citing information from Enterprise Sweden, the nation’s commerce and funding council.
The message was clear: India is open for enterprise, and Swedish corporations are being invited to participate in what may very well be some of the vital financial development tales of the following 20 years.
