Latest news with #ISBLRT
Time of India
2 days ago
- Business
- Time of India
Economic Relationship Between India And Sweden: Piyush Goyal Promotes Swedish Investment in India's Infrastructure and Manufacturing, ET Infra
Advt Commerce and Industry Minister Piyush Goyal on Wednesday said that enhanced business engagement will add further momentum to the growing Indian-Swedish bilateral the India-Sweden Business Leaders' Roundtable (ISBLRT) here, hosted by Marcus Wallenberg, Chair, Wallenberg Investments AB, the minister said India-Sweden cooperation will continue to drive innovation, entrepreneurship, and sustainable growth for a brighter future."Envisioned by the leadership of India and Sweden in 2016, ISBLRT has since emerged as a cornerstone platform for bringing together business leaders from both nations to foster collaboration in trade , innovation, and investment," the minister said in a post on X."Today's discussions were constructive and forward-looking. Emphasised the need to build partnerships grounded in shared innovation, technological progress, and mutual prosperity," he also had a "highly productive" meeting with Benjamin Dousa, Minister for International Development Cooperation and Foreign Trade, and Hakan Jevrell, State Secretary for Foreign Trade, Sweden."We discussed strengthening collaboration across sectors like clean energy digital technology , climate, healthcare and life sciences, and skill development, among others," the Commerce Minister invited greater Swedish participation in India's growing infrastructure and manufacturing sectors "Looking forward to unlocking new chapters of cooperation," said Union Minister arrived in Stockholm for a three-day official visit to Sweden, after concluding a highly successful two-day visit to Switzerland."Eager to engage with Sweden's leadership, business community, and key stakeholders to explore new opportunities and strengthen our longstanding ties," Goyal posted on social media platform over 280 Swedish companies in India and more than 80 Indian companies in Sweden, "the potential for collaboration is immense", he Sweden visit is aimed at reinforcing the existing robust economic relationship and identifying new opportunities for growth, which are aligned with India's long-term economic objectives and global partnerships.
India Gazette
3 days ago
- Business
- India Gazette
"Discussions were constructive and forward-looking," Piyush Goyal expresses satisfaction on meetings in Sweden
Stockholm [Sweden], June 12 (ANI): Union Commerce and Industry Minister Piyush Goyal expressed satisfaction after attending a series of business events during his visit to Sweden, adding that discussions were constructive and forward-looking. After arriving in Sweden after concluding his successful trip to Switzerland, Union Commerce and Industry Minister addressed the India-Sweden Business Leaders' Roundtable (ISBLRT) lunch, hosted by Marcus Wallenberg, Chair of Wallenberg Investments AB. His visit reinforces India's commitment to strengthening bilateral economic ties with Sweden. Recalling the establishment ISBLRT in a post on social media platform X, he added that the entity was envisioned in 2016 by the leadership of both nations. Goyal said the platform has evolved into a vital forum for advancing trade, innovation, and investment collaboration. He called for deeper partnerships rooted in shared innovation, technological progress, and mutual prosperity, and said enhanced business engagement would further accelerate Indo-Swedish ties. Later, Goyal co-chaired the concluding session of the Indo-Swedish Joint Commission for Economic, Industrial and Scientific Cooperation with Swedish Minister for International Development Cooperation and Foreign Trade, Benjamin Dousa. He underlined that the exchange of capital, talent, and technology continues to form the backbone of India-Sweden economic relations, adding that science, innovation, and technology remain among the most vibrant areas of cooperation between the two countries. 'It was a pleasure to address the India-Sweden Business Leaders' Roundtable (ISBLRT) lunch, hosted by Marcus Wallenberg, Chair, Wallenberg Investments AB,' he added in the post on X. 'Addressed the concluding session at the Ministerial meeting of the Indo-Swedish Joint Commission for Economic, Industrial and Scientific Cooperation along with Benjamin Dousa, Minister for International Development Cooperation and Foreign Trade, Sweden,' Goyal added in the post. In another meeting, Goyal met Mattias Perjos, President & CEO of Getinge, a global medtech company with a presence in India. 'Discussed opportunities to boost manufacturing under the Make In India initiative and strengthen collaboration in medical technology,' Goyal added. Attending India-Sweden Business Delegation meetings in Stockholm, Union Minister Goyal said, India and Sweden complement each other. Inviting the business community to invest in India, Goyal further added, 'We would like to invite all the distinguished business leaders of Sweden to come to India to experience our country. I am sure this tested partnership can really grow beyond the frontiers of what we have achieved so far.' Goyal said India is not only the largest and fastest-growing economy, but it will continue to grow for the next 20-30 years. He highlighted that India has one of the lowest inflation rates and strong forex reserves. Citing the favourable business ecosystem, he appealed to the investor community to make investments in India. (ANI)
