www.swedishchamber.in

WELCOME!

Husqvarna India is a subsidiary of the 325 year old Swedish Husqvarna AB. The

product range that it offers consists of outdoor power products for gardening,

agriculture and forestry. The Indian organization is a start up environment

with a strong global back—up to the dealer network of India and distribution

network for the rest of the sub-continent.

Solvina is an engineering company located in Gothenburg and was founded in

1997. The company provides the know-how and method to create enhanced

performance and availability in the power and process industries. In India the

company provides expert services in power system analysis, process control,

energy optimization solutions etc.

COMMUNITY- NEW MEMBERS

JUNE 2017

Vattenfall AB is a Swedish power company, wholly owned by the Swedish

government. Beyond Sweden, the company generates power in Denmark,

Finland, Germany, the Netherlands, Poland and the United Kingdom. The

group has approximately 20,000 employees .

Rask&Co is a producer of home furnishing products. General agent for Caroli-

na Gynning, their ceramics and glass have become collector’s item selling in

37 stores in Sweden. Manufacturing in Jaipur, India, the company is now look-

ing to conquer also the Indian market.

Fingerprint Cards AB is a world-leader in biometric technology. It was estab-

lished in 1977 in Sweden. The company offers a complete range of user-

friendly fingerprint biometric solutions. Its hardware sensors and complete

modules with software offer possibilities for customization of mobiles and

tablets. One of its key features is the FPC OneTouch.

SCCI NEWSLETTER

Xl.it AB was started by Swedes with extensive on—site knowledge of “Make

in India”. Xlit specializes in providing technical services and IS/IT for manu-

facturing building scale and competence through their Indian office.

“SAMBANDH” - SWEDEN IN INDIA

Did you know that “Sambandh” is a word in both Hindi and Swedish with the same meaning? Well, we have adopted the word as the new title of this year’s Business Climate Survey report, as it describes well what we want to build. Sam-bandh means relationship and connection.

The 170 Swedish companies in India currently employ more than 185,000 people directly and another 1,3 million indirectly across the country. This is an increase with 20 percent over the last two years. The community is positive about the business outlook in India as 65 percent, more than ever, consider the business climate favorable.

This, along with what improvements companies see would further boost the investment climate made up an important input to the Joint Commission meeting for Economic, Industrial and Scientific Cooperation (JCEC) on May 17, between the Minister of Commerce and Industry of India, Ms Nirmala Sitharaman and Ms Ann Linde, Minister for EU Affairs and Trade representing Sweden. Paolo Colella, Managing Director Ericsson India represented the business community and high-lighted our focus on building business with holistic sustainability as foundation; economical viable, socially inclusive and environmental friendly. As a direct result, the two sides have agreed on a mutual mechanism to address ‘ease of doing business’. More on this later!

The Business Climate Survey report was released in the press conference follow-ing the meeting. Check out the coverage from NDTV.

India and Sweden are also strengthening the collaboration on IPR and IP related questions. The Swedish Patent and Registration Office (PRV) was in Delhi the same week and the Chamber hosted a company interaction on May 16, preceding further discussions with their counterparts from the Indian side. Strengthening the protection of IPR is one area highlighted in the BCS that we need to work on.

Download the report here!

ANNUAL GENERAL MEETING

The month of May ended with the Annual General Meeting of the Chamber. The topic of the day was how we Sweden can be a trusted partner in India’s progress, bringing to the table a long-term commitment of meaningful business with sus-tainability and innovation at its core.

Excellent help was provided by the Public Affairs’ Forum represented by Aticka Chona, Director Communication, Scania Commercial Vehicles and Sohanjeet Randhawa responsible for Group Communication, CSR & Sustainability, Volvo Group India who discussed and presented our engagement plan going forward. Saharsh David, CSR Manager, Sandvik Asia, thereafter introduced “Kraftsamla” (gather our forces), a CSR initiative by companies under the umbrel-la of the Chamber. The focus of this initiative are women; unleashing potential and transform eco-systems. First area of impact is within skills building. First pilot to be in Maharashtra.

We thank all our board members for their passionate commitment and support over the year and a big thank you for all of you in our member companies! We look forward to further developing the Chamber together with you.

SNAPSHOTS – CHAMBER ACTIVITIES NEWS FROM MEMBERS

INDIA SWEDEN DIRECT FLIGHT— STARTING FROM AUGUST 2017

NEWS FROM MEMBERS NEWS FROM MEMBERS

FACTORY UNIT INAUGURATED IN HYDERABAD

“India is one of the very important markets for Atlas Copco and this new factory will help us strengthen our customer delivery process, enhancing our customer’s productivity….This is also in line with our continued focus on the government’s ‘Make in India’ initiative” says Helena Hedblom, Business Area President Mining and Rock Excavation Technique. With an investment of ₹80 crore, Atlas Copco is expand-ing its factory and doubling the capacity of its existing plant. The new facility will include a world—class R&D test center for the company’s rock drilling products.

AWARDED “BEST SERVICE PROVIDER”

Nefab India, established in 2005, has been gathering accolades in the recent times for its quality and service.

Adding another feather in its cap after winning “Par Excellence” award at the National Con-vention of QFCI in the last quarter of 2016, it has now won the “Best Service Provider” from a leading textile machines manufacturer of the world.

Award was received by Mr. Satish Shinde, LBU-Manager and Chaitanya Dalal, Nefab West.

LIGHTS, CAMERA, MUMBAI!

On May 18, IKEA kick started its Mumbai journey with the groundbreaking ceremony of its first store in Turbhe, Navi Mumbai. The event took place in the presence of Chief Minister of Maharashtra, Mr. Devendra Fadnavis, Swedish Director General of Trade, Ms. Karin Olofsdottor, CEO for IKEA India, Juvencio Maeztu, IKEA suppliers, dignitaries and co-workers.

The store is set to open late 2018 and will have 7,500 affordable and quality prod-ucts.

NEW GOALS INTRODUCED IN SUSTAINABILITY REPORT 2016

H&M group published its Sustainability Report 2016, outlining several new goals including a commitment to use 100% recycled or other sustainably sourced materi-als by 2030.

In a significant step 96% of the company’s global electricity in its own operations came from renewable sources. By 2020 the company aims to collect at least 25,000 tons of textiles every year.

OUTDOOR POWER PRODUCTS LAUNCHED IN INDIA

Swedish forestry and landscaping equip-ment maker Husqvarna launched an array of outdoor power products on May 4, 2017. The company has a strong network of about 60 dealers and is expected to grow beyond 100 by the end of this year.

The Indian entity is based out of Chennai to cater to the needs of the sub-continent. The company further plans to encourage sustainable farming in the Indian agro industry.

Husqvarna expects a market growth of around 10% for premium hand held out-door power tools over the next 3-5 years.

NEW TECHNOLOGY CENTER SET UP IN PUNE

On April 4, Höganäs officially opened the ITEC in the presence of Staffan Bohman—Chairman and Melker Jernberg—CEO & President Höganäs AB. Fredrik Emilson—President APAC and Baba Kalyani—Chairman & MD Bharat Forge Ltd.

This Technology Center will start with facility for analysis so that immediate support can be given to customers.

Besides having data generation facilities for fatigue and tribology to start with, the new center will also have a Water Treatment Lab, which has attracted a lot of atten-tion from Indian customers/visitors.

READY FOR LAUNCH!

Swedish tech company, Otivr is aiming to transform the sales and business processes in the IT industry in India.

The company is the first to digitize B2B partner search within the IT sector through its open marketplace that matches global buyers with genuine and high-quality suppliers in emerging markets, starting with India.

Ricky Dhillon, CEO of Otivr comments that “Otivr will through its new marketplace safeguard trust, quality and transparency between the parties in the global IT out-sourcing market.”

Certified suppliers on this platform will be able to utilize this as a business develop-ment tool and improve their sales and marketing opportunities in Europe and else-where, currently without any fees.

SCCI BOARD OF DIRECTORS 2017-18

Sara Larsson

General Manager sara.larsson@swedishchamber,in Dolly Berry

Sr Manager, Operations & Events dolly.berry@swedishchamber.in Nobin Thomas

Executive, Admin & Comm. nobin.thomas@swedishchamber.in

SCCI Office c/o Business Sweden, Embassy of Sweden Nyaya Marg, Chanakyapuri New Delhi 110021 Direct: +91 11 4606 7123/4/43 Switchboard: +91 11 4606 7100 Fax: +91 11 4606 7120

www.swedishchamber.in

MORE FROM THE CHAMBER

CO

NN

EC

T W

ITH

US

JUVENCIO MAEZTU

IKEA

CHAIRMAN

PER ENGSTROM

SEB

TREASURER

PARAG SATPUTE

SANDVIK ASIA

VICE CHAIRPERSON

KAMAL BALI

VOLVO INDIA

PAOLO COLELLA

ERCISSON INDIA

MANOD JINNURI

SAAB INDIA

STEFAN PALSKOG

SCANIA INDIA

PKSV SAGAR

CAMFIL INDIA

SANJEEV SHARMA

ABB INDIA

KANDARP SINGH

TETRA PAK

HONORARY & ADVISORY BOARD

H.E. HARALD SANDBERG EMBASSY OF SWEDEN

NEW DELHI

ULRIKA SUNDBERG

CONSULATE GENERAL OF SWEDEN, MUMBAI

JOSA KARRE

EMBASSY OF SWEDEN, NEW DELHI

LILA POONAWALLA LILA POONAWALLA

FOUNDATION

MAY 8, NEW DELHI-

INDIA & EUROPE-MACRO ECONOMIC DEVELOPMENT

MAY 18, NEW DELHI-

INNOVATION BY COLLABORATION

The new Board of Directors of the Chamber was elected in the Chamber’s Annual General Meeting, held on May 26, 2017 in New Delhi.

We thank Mridula Dixit Lal, Country Head, Indiska. She has opted out of re-election this year.

A big thank you as well to Ambassador Harald Sandberg, who is retiring from India shortly.

JUNE 10 BANGALORE-

MIDSUMMER CELEBRATION

JUNE 14, NEW DELHI-

MIDSUMMER CELEBRATION

MAY 16, NEW DELHI-

FOCUS INTELLECTUAL PROPERTY RIGHTS

JUNE 14, NEW DELHI-

DISRUPTIVE INNOVATIONS