Swedish companies in India: Business opportunities in 2024


Posted March 7, 2024 by ajay123ajay

In 2023, India and Sweden marked their 75 years of diplomatic relations and both sides are looking to expand their existing business collaboration and partnership in the coming years.

 
The Sweden-India bilateral relationship dates back to 1949, two years after Indian independence. India and Sweden followed a non-alignment policy during the Cold War, though the latter country was unofficially inclined towards the US-led North Atlantic Treaty Organization (NATO). In the 1990s, the relationship between New Delhi and Stockholm turned sour due to the Bofors-India Howitzer deal, commonly known as the Bofors scandal. With the bilateral ties improved substantially in the 2000s, both countries witnessed frequent visits from top leaders.
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Issued By Remunance Services
Country India
Categories Business , Human Resources
Last Updated March 7, 2024