resentation press konferensndien

Slide1: 

Sweden India Trade – a growing mutually beneficial relationship 2006-11-06 Swedish Trade Council India

EXECUTIVE SUMMARY– Indian companies increase interest of Swedish industry: 

EXECUTIVE SUMMARY – Indian companies increase interest of Swedish industry Swedish innovative high quality industry fits well with the demands of India’s fast growing industry Swedish – India trade volume has increased with 100 % during 2002 - 2006 Swedish export of goods to India grew by 42 % during Jan - Jun 2006 Swedish Trade Council forecasts a continuous growth during 2007-2008 Swedish Trade Council doubles capacity 2006-2007 New Office in Bangalore Increase number of business experts from 7 to 16

AGENDA: 

AGENDA Swedish Trade Council Nation of innovation – Sweden Sweden – India Trade profile Swedish companies in India Summary

Swedish Trade Council India- Helps Swedish companies to do business with India: 

Swedish Trade Council India - Helps Swedish companies to do business with India At New Delhi and Bangalore offices 9 consultants support Swedish companies to: Prepare for entrance e.g. Market studies, Business Culture Trainings Enter the market e.g. Partner/Distributor Search, Incorporation, Recruitments, Premise Search Perform at the market e.g. Queries, Credibility Checks, Tenders, Disputes Grow the business e.g. Growth strategies, Partner/Distributor Search, Recruitments STC India are: Handling about 5 queries per day Delivering about 60 client projects per year regarding companies entering India New Delhi Bangalore

AGENDA: 

AGENDA Swedish Trade Council Nation of innovation – Sweden Sweden – India Trade developments Swedish companies in India Summary

Sweden’s internationally successful industry enables Sweden to present a GDP which is about 50 % of India’s GDP: 

Sweden’s internationally successful industry enables Sweden to present a GDP which is about 50 % of India’s GDP Source: Sweden-India Business Guide 2006 – 2007, World Development Indicators database, World Bank, 1 July 2006

Sweden – a stimulating home for innovative and successful business: 

Sweden – a stimulating home for innovative and successful business Sweden facts Political system: Constitutional Monarchy with Parliamentary Democracy Population: 9 millions Capital: Stockholm Currency: 1 Krona = 100 öre Exchange rate: 1 Krona = 5,9 INR Time: Indian time – 4.5 hours Examples of successful companies from Sweden Stockholm Malmö Göteborg Source: www.sweden.se,

Sweden stimulates and supports Swedish businesses with educated work force, innovative climate and international competition: 

Sweden stimulates and supports Swedish businesses with educated work force, innovative climate and international competition A high performing educational system with over 50 % going into university education within 5 years from secondary school exams A long tradition of innovative entrepreneurs that has achieved international success, such as: Alfred Nobel: Dynamite Gustav Erik Pasch: Safety Match Gustav De Laval: Cream Separator Lars Magnus Ericsson: Telephone Handset Ruben Rausing: Tetra Pak Ingvar Kamprad: IKEA Niklas Zennström: Skype Sweden largest investor in R&D as a proportion of GNP than any other OECD country during 2005 Being a small market with free trade for almost 100 years, the Swedish companies has always been forced to excel at the global market The Nobel Prize

Sweden presents the worlds highest innovation capability, leading growth competitiveness and international experience: 

Sweden presents the worlds highest innovation capability, leading growth competitiveness and international experience Source: IMD, World Competetiveness, Yearbook 2003 Sweden has an innovative and internationally experienced industry

AGENDA: 

AGENDA Swedish Trade Council Nation of innovation – Sweden Sweden – India Trade developments Swedish companies in India Summary

Sweden and Indian trade relations has a long history: 

Sweden and Indian trade relations has a long history Evidence showing that Swedish ships were in India as early as in the 1800th century Ship ”Götha Leijon” was in Surat Sept 1750 – Feb 1751 In 1903 India’s first telephone exchange was bought from Swedish company Ericsson Ericsson incorporated 1903 – today over 100 years in India Together with Ericsson the first wave of traditional Swedish companies came to India Example: Swedish Match, Asea (today ABB) In 1960’s and 1970’s the second wave of classic Swedish industrial companies enters India, mainly in Pune Examples: Alfa Laval, SKF, Tetra Pak, Sandvik, Atlas Copco In 1980’s and 1990’s a third wave of companies enters India Examples: IKEA, Oriflame, Volvo Today we are experiencing the fourth wave of Swedish companies entering India Examples: Volvo Cars, Scania, Systemair, Roxtec

Almost 60 % of Sweden’s export to India are within engineering products (EP), 30 % are Telecom: 

Almost 60 % of Sweden’s export to India are within engineering products (EP), 30 % are Telecom Source: Trade Profile September 2006 Swedish Trade Council Other strong growing areas during January – June are Mechanical Handling Equipment (USD 11 Mn, +118%), Construction and Mining Equipment (USD 10 Mn, +156%), and Office Machines (USD 9 Mn, +116 %) Largest Export Products

Sweden is today a relatively small trading partner for India, but…: 

Sweden is today a relatively small trading partner for India, but… Sweden India Source: WTO, Statistics Sweden All figures 2004

… with current trade growth the total Trade volume will grow 100 % between 2002 – 2006 and present a volume of USD 1.7 bn during 2006: 

… with current trade growth the total Trade volume will grow 100 % between 2002 – 2006 and present a volume of USD 1.7 bn during 2006 Swedish Export to India January – June has grown 42 % Source: Trade Profile September 2006 Swedish Trade Council, Sweden Statistics WTO 42 % Main reason for Swedish Export decrease during 2005 is that Swedish companies started manufacturing units in India 20 % Growth 110 % USD 1791 USD 850 USD mn

Swedish Trade Council expects Sweden’s export to India 2006 to be USD 1300 Mn, and continuous growth during 2007 - 2008: 

Swedish Trade Council expects Sweden’s export to India 2006 to be USD 1300 Mn, and continuous growth during 2007 - 2008 Latest statistics from Sweden Jan – Aug supports the strong growth of 42 % Current Swedish companies in India are reporting strong performance indicators Some examples are: ABB: 46 % growth 2004-2005 Alfa Laval: 14 % 2004-2005 SKF: 34 % growth 2004-2005 Atlas Copco: 30 % 2004-2005 With 15 new Swedish companies incorporated during Oct 2005 – Oct 2006, the total amount of Swedish Companies increases from 65 to 80 companies. Some new entries during 2006. Examples of new entries are: AssaAbloy: Security solutions Caran: Technical IT consultants Dynapac: Road Construction Equipment Gambro: Medtech Swedish Trade Council notices a strong increase in queries from Swedish and Indian companies and projects regarding entry strategies, additional recruitments

Swedish companies has strong products and services to serve the growing sectors in India: 

Swedish companies has strong products and services to serve the growing sectors in India Manufacturing (Growth 38 %) India developing to be a manufacturing hub of lighter and knowledge intense production ”Heavy” Manufacturing: Automotive (1,7 Mn produced vehicles during 2004-2005 Manufacturing Equipment: e.g. textile printing Sub-contractors: Automotive Tier 2 Outsourcing of production Short Sector Description Examples of Swedish Businesses Automotive (Growth 18 %) Second largest global market for motorcycles by 2006 Fifth largest global market for passenger cars by 2015 Cars Buses Trucks Retail (Est. Growth 15-20%) India’s largest contributor to GDP Among world five largest consumer markets 2010 Retailers; food, furniture, clothes et.c. Products: fast moving consumer goods, design artifacts, furniture, clothes et.c. Construction Driven from governmental investment programmes and private initiatives E.g. construction of roads, offices, hotels, airports, ports, shopping malls et.c. Construction equipment: trucks, power tools, earth movers, cranes, et.c. Products/systems; ventilation, doors, airport systems et.c.

Many of the growing sectors in India presents business opportunities for Swedish companies: 

Many of the growing sectors in India presents business opportunities for Swedish companies Med Tech (Est. Growth 20 %) India has 16 000 hospitals and 625 130 doctors Majority of the imports account for high-tech medical equipment Med Tech Products; e.g. heart rate monitors, implants et.c. Diagnostic Test Apparatus Medical disposables Environment Water shortages Environment in focus (CNG Delhi) Energy shortage Equipment for water and waste management Equipment for Bio Energy Agriculture and Food processing (Growth 10 %) India is the worlds largest producer of milk, tea and sugarcane Sector driven by retail development, attracting private investors Agricultural equipment Food Processing Equipment Telecom and IT 5.84 million new subscribers in August 2006 Telecom Investment potential to increase up to USD 37 billion by 2006 & USD 69 billion by 2010. IT Software growing by 32 % Second tier suppliers of telecom equipment Hand sets and devices (Telephones, MP3 et.c.) Software and IT solutions Short Sector Description Examples of Swedish Businesses

AGENDA: 

AGENDA Swedish Trade Council Nation of innovation – Sweden Sweden – India Trade developments Swedish companies in India Summary

Today there are over 100 Swedish companies doing business in India, 80 of those companies are incorporated: 

Today there are over 100 Swedish companies doing business in India, 80 of those companies are incorporated V&S Absolut Spirits Orrefors Kosta Boda Ericsson ABB Tetra Pak H & M IKEA Volvo Stora Enso Sony Ericsson Astra Zeneca Handelsbanken Oriflame Telelogic Perstorp Hagglunds Roxtec Cybercom Group Systemair Dynapac Nobel Biocare Seco Tools IBI Chematur Smarttrust Teleopti Naturellement Adante Ostberg Eletta Elekta Continuum Systems Examples of Swedish companies doing business in India Large Size Medium Size Small Size Through Distributors Source: Sweden India Business Guide 2006 Every month on average one Swedish company gets incorporated in India, and several companies enters the market in cooperation with Indian distributors

Swedish Trade Council India doubles capacity during 2006 – 2007 in order to meet growing Sweden India Trade Volumes: 

Swedish Trade Council India doubles capacity during 2006 – 2007 in order to meet growing Sweden India Trade Volumes New office in Bangalore Deputy Trade Commissioner: Mr Bengt Johansson Increase number of business experts from 7 (Jan 2006) to 16 (Dec 2007) New employees during 2006: 1 Project Leader 3 Associates Initiated recruitments for 2007 2 Project Leaders 2 Consultants 1 Associate New Delhi Bangalore

AGENDA: 

AGENDA Swedish Trade Council Nation of innovation – Sweden Sweden – India Trade developments Swedish companies in India Summary

EXECUTIVE SUMMARY– Indian companies increase interest of Swedish industry: 

EXECUTIVE SUMMARY – Indian companies increase interest of Swedish industry Swedish innovative high quality industry fits well with the demands of India’s fast growing industry Swedish – India trade volume has increased with 100 % during 2002 - 2006 Swedish export of goods to India grew by 42 % during Jan- Jun 2006 Swedish Trade Council forecasts a continuous growth during 2007-2008 Swedish Trade Council doubles capacity 2006-2007 New Office in Bangalore Increase number of business experts from 7 to 16

Useful sites to find more information on Sweden and Swedish Industry: 

Useful sites to find more information on Sweden and Swedish Industry www.sweden.se Sweden’s offical webportal, link’s You to other useful sites www.isa.se Invest in Sweden Agency www.swedishtrade.com Swedish Trade Council http://tradeprofiles.swedishtrade.se/ Trade profiles (intropage in swedish, profiles are found to the left)