​​​
  1. Swedish firms examples of making in India: Swedish PM Stefan Löfven

Swedish firms examples of making in India: Swedish PM Stefan Löfven

Stefan Löfven, Prime Minister of Sweden, visited Swedish majors Ericsson and Tetra Pak plants in Pune to showcase how Sweden makes in India.

By: | Published: February 15, 2016 12:01 AM

Stefan Löfven, Prime Minister of Sweden, visited Swedish majors Ericsson and Tetra Pak plants in Pune to showcase how Sweden makes in India. Sweden has been making in India already and will be making more in India and we are here for the long term, the Swedish Prime Minister said. “There are significant Swedish investments in India and Swedish business interest is growing and the plants of Tetra Pak and Ericsson was the real thing of the Make in India,” he said. There is a sense of optimism and growing confidence amongst Swedish companies in India, he said during the visit to their plants at Chakan on Sunday.

The PM pointed out that for Tetra Pak this was the largest facility in the world outside Sweden while for Ericsson with employees of 22,000, it was the largest employee base for Ericsson worldwide and this showed the importance of India for Swedish companies. Tetra Pak through its packaging was enable transporting of milk and food safely across a large country like India to remote places while Ericsson will have a growing role to play in India’s digital transformation, Löfven said.

He visited the Tetra Pak packaging material factory in Chakan, which is the largest Tetra Pak site in the world outside of Sweden. “Swedish companies are doing well in India. Pune is special to Sweden as a major investment and industrial hub and it goes a long way back and we are now strengthening this relationship more as Sweden has a lot to contribute to the development of India,” he said.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top