Archive · 18 Sep 2025
Sweden, India Deepen Ties Through Free Trade and Partnerships
Sweden and India are working to strengthen their relationship through a Free Trade Agreement.
Swedish companies are visiting India to explore ways to work together in areas like renewable energy, making medicine, and using technology to improve ports and movies.
They aim to double trade between the two countries by the end of 2024.
Over 280 Swedish companies already operate in India, creating jobs for around 2.2 million people indirectly or directly.
This collaboration is aimed at mutual growth.
Sweden is prioritizing the India-EU Free Trade Agreement to bolster bilateral ties.
A Swedish SME delegation visited India to explore partnerships.
The FTA aims to be completed by the end of 2024, with the potential for doubled trade.
Swedish companies are targeting sectors like renewable energy and pharmaceuticals.
Over 280 Swedish companies operate in India, employing around 2.2 million people.
- Who
- Swedish SMEs and Indian businesses
- What
- Exploring partnerships and free trade
- When
- Ongoing, with FTA completion targeted for end-2024
- Where
- India
- Why
- To foster reliable partnerships and increase trade
- FTA Target
- Completion by end-2024
- Swedish Companies in India
- Over 280
- Indian Employment by Swedish Firms
- Around 2.2 million (indirect/direct)
- Key Sectors
- Renewable energy, pharmaceuticals, tech
- Focus of Delegation
- Manufacturing, R&D, tech transfer