Sweden - India Business Guide

The Sweden-India Business Guide 2009-2010: An in-depth and accurate resource bank of businesses between the two countries,
which contains a comprehensive list of Swedish companies in India, Indian companies in Sweden and the latest Business Climate Report. The Guide also includes country facts, trade and investment statistics and how to start a business! The theme of the fifth edition of the Guide is Environmental Technology focusing on the role of innovations for enhanced sustainability. In keeping with our commitment to the Environment, this Guide has been printed on certified environment friendly paper.
SWEDEN - INDIA BUSINESS GUIDE 2009-2010
SWEDEN - INDIA BUSINESS GUIDE

www.swedenabroad.se/newdelhi www.swedishchamber.in www.swedishtrade.se/english
2009 - 2010
SWEDEN - INDIA BUSINESS GUIDE 2009 - 2010
Table of Contents
Foreword Country Facts - General Facts - Trade & Investments - Business Climate - Business Climate Report - Rules & Procedures Helping Hands Swedish Brands Business Directory India Business Directory Sweden Media Information Sponsors Index
Disclaimer: The Embassy of Sweden has made every effort to provide a comprehensive directory of companies with substantial Swedish interests represented in India, and companies with substantial Indian interests represented in Sweden. However, the Embassy cannot guarantee that the list is exhaustive. All company information contained in this directory has been provided by the companies themselves. The financial data on the companies in this catalogue refer to the year 2008. Copyright June 2009, Embassy of Sweden.
5 7 8-13 14-22 24-27 28-33 34-45 47 65 73 189 209 215 221
FOREWORD
It is with great pleasure that we introduce the fifth edition of the SwedenIndia Business Guide. We have understood by the reactions to previous editions that this guide serves as an appreciated introduction for those, both in India and Sweden, who want to learn more about business opportunities in the two countries.
The theme of this year's edition is Environment Technology. There are obvious reasons why we stress our concern for the environment.
For Swedish companies India is a very exciting market. Despite the global recession, the Swedish companies doing business in India report healthy business and indicate an even more positive outlook for the near future.
We are confident that Swedish companies can offer many innovative and high technological solutions that will help to meet the rising demand for newer and greener technology in India. The urgent need for building capacity to deal with energy supply and climate change should be seen
Ericsson Tower Tube: The innovative 'green' base station site concept, the Ericsson Tower Tube, was designed by renowned Swedish architect Thomas Sandell to give capacity and coverage benefits for the cellular network and reduces energy consumption up to 40 percent. Id: 71336 Photographer: Ericsson Copyright: Ericsson Image Bank 5
as a business opportunity. Companies which can offer solutions that are more energy efficient and reduce emissions have a definite competitive advantage.
We hope that this edition also will continue to contribute to even stronger links between Sweden and India.
Lars-Olof Lindgren Ambassador

(Embassy of Sweden in India)
Fredrik Fexe Trade Commissioner

(Swedish Trade Council in India)
Jan Widerstrm Chairman

(Swedish Chamber of Commerce India)
COUNTRY FACTS
Facts on economy, trade & investments in
SWEDEN & INDIA
SWEDEN
INDIA
Area:
449,964 sq km 1
2
Area: Population: Capital:
3,287,263 sq km 1,148 mn New Delhi

3 2
Population: 9.3 mn Capital: Stockholm Adult Literacy rate: 99% Type of government: Constitutional monarchy, Parliamentary democracy GDP total: GDP per capita in PPP: GDP per capita in PPP (USA=100) US$ 513 bn 3 US$ 37,526 3 77.8
1
Adult Literacy rate: 64.8% Type of government: Federal republic, Parliamentary democracy GDP total: GDP per capita: GDP per capita in PPP (USA=100) US$ 1237 bn US$ 2886 5.6
1 4 4
Rate of GDP growth (%)

4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0 -1.0 -1.5 -2.0 -
Rate of GDP growth (%)

9.2
9.0 -
4.2
4.1
4.3 3.7
4.5 3.5 3.3
4.5
8.4 7.3 7.3 5.9 7.8 6.2 5.2 7.4 8.3
8.0 -
9.7
9.0 7.9
2.8
7.0 6.0 -
2.7 1.3
2.4 2.0 1.2 -0.2
5.0 4.0 3.0 2.0 -
4.1
4.0
3.8
-1.9
19 93 19 95 19 96 19 97 19 98 19 99 20 00 20 01 20 03 20 04 20 05 20 06 19 94 20 02 20 07 20 08
1.0 -
19 94
19 98
20 02
20 03
20 05
20 06
19 93
19 95
19 96
19 97
19 99
20 01
20 04
Sources: 1. The Economist, World in Figures 2009 Edition 2. Statistics Sweden (2008) 3. The Economist Intelligence Unit (2008)
Sources: 1. The Economist, World in Figures 2009 Edition 2. National Commisson on Population (2008) 3. Statistical Outline of India (2007-08) 4. The Economist Intelligence Unit (2008)
8 10
COUNTRY FACTS
COUNTRY FACTS
20 07
20 00
20 08
SWEDEN ECONOMY STATISTICS

GDP composition by sector (% of total)
1
ECONOMY STATISTICS INDIA
GDP composition by sector (% of total)
Agriculture: Industry: Services:
2.0 28.0 70.0
Agriculture: Industry: Services:
18.3 28.3 52.4
Inflation (%)
3.0 -
Inflation (%)
13.5 13.2
2.7
2.5 -
2.8 2.3
12.5 11.5 10.5 9.5 -
2.0 -
1.9
1.5 -
8.5 -
1.5 1.3
1.7
7.5 6.5 6.4 6.2 4.7 4.0 3.8 4.3 3.8 3.8 4.2 5.2
1.0 -
1.0
1.0 0.8
5.5 4.5 3.5 019 98 20 02 19 99 20 05 20 00 20 01 20 03 20 04
0.5 -
0.5
20 06
0 20 02 20 01 20 04 20 05 19 98 19 99 20 00 20 06 20 03 20 07 20 08
20 07
Sources: 1. The Economist, World in Figures 2009 Edition 2. International Monetary Fund, World Economic Outlook Database, 2008
Sources: 1. The Economist, World in Figures 2009 Edition 2. International Monetary Fund, World Economic Outlook Database, 2008
10 10
COUNTRY FACTS
COUNTRY FACTS
20 08
11
SWEDEN ECONOMY STATISTICS

Components of GDP (% of total) 1 private consumption: public consumption: investment: exports: imports: 47.4 26.3 18.1 51.4 -43.2 Components of GDP (% of total) 1 private consumption: public consumption: investment: exports: imports:
ECONOMY STATISTICS INDIA
55.8 10.3 32.5 22.1 -25.1
Principal exports (US$ bn) 1 machinery & transport equipment: chemicals: raw materials: fuels & lubricants: total, incl others: Principal imports (US$ bn) machinery & transport equipment: fuels & lubricants: chemicals: food, drink & tobacco: total, incl others:
Principal exports (US$ bn) 1
66.5
17.3 9 8.9 147.9
engineering goods: textiles: gems & jewellery: petroleum products: agricultural goods: total, incl others:
26.2 16.1 15.6 18.6 11.2 126.3
50.6
16.2 13.6 9.3 127.7
Principal imports (US$ bn) petroleum products: capital goods: electronic goods: gold and silver: gems: total, incl others: 57.1 32.7 15.9 14.6 7.8 190.6
Source: 1. The Economist, World in Figures 2009 Edition
Source: 1. The Economist, World in Figures 2009 Edition
12 10
COUNTRY FACTS
COUNTRY FACTS
13
SWEDEN TRADE STATISTICS

IMPORT 2002 2003 66.2 (1.0%) 82.7 (1.1%) EXPORT 81.1 (1.3%) 101.2 (1.3%) 123.2 (1.3%) 130.1 (1.2%) 147.3 (1.2%) 169.1 (1.2%) 184.0 (1.1%) 2002 2003
TRADE STATISTICS INDIA
IMPORT 56.6 (0.8%) 70.7 (0.9%) 97.3 (1.0%)
EXPORT 49.3 (0.8%) 56.0 (0.7%) 75.5 (0.8%) 99.1 (0.9%) 120.2 (1.0%) 145.4 (1.0%) 179.0 (1.1%)
Total merchandise trade in US$ bn 1 and share of world merchandise trade
2004 100.4 (1.1%) 2005 111.2 (1.0%) 2006 126.3 (1.0%) 2007 151.1 (1.1%) 2008 167.0 (1.0%)
Total merchandise trade in US$ bn 1 and share of world merchandise trade
2004
2005 139.4 (1.3%) 2006 174.4 (1.4%) 2007 215.5 (1.5%) 2008 292.0 (1.8%)
Total Merchandise Trade (US$ bn)

200 180 160 140 120 100 80 60 40 20 0 300 270 240 210 180 150 120 90 60 30 0 -
Total Merchandise Trade (US$ bn)
20 03
20 02
20 04
20 05
20 06
20 03
20 02
20 04
20 05
20 06
Swedens main trading partners US$ mn (weight %) 2 Exports to: 1. Germany: 2. Norway: 3. UK: 4. Denmark: 5. USA: 19. India: 10,666 (10.4) 9,582 (10.4) 7,980 (6.6) 7,696 (8.0) 6,708 (6.4) 976 (1.2) Imports from: 1. Germany: 2. Denmark: 3. Norway: 4. UK: 5. Netherlands: 31. India: 15,341 (16.2) 9,776 (8.6) 8,658 (9.5) 6,547 (5.5) 5,176 (6.8) 391 (0.5)
20 07
20 08
Indias main trading partners US$ mn (weight %) Exports to: 1. USA: 2. UAE: 3. China: 4. Singapore: 5. UK: 50. Sweden: 20,722 (12.7) 15,635 (9.6) 10,834 (6.7) 7,371 (4.5) 6,702 (4.1) 544 (0.3)
Imports from: 1. China: 2. USA: 3. Saudi Arabia: 4. UAE: 5. Iran: 26. Sweden: 27,116 (10.8) 21,030 (8.4) 19,411 (7.7) 13,477 (5.4) 10,921 (4.3) 2,132 (0.8)
Sources: 1. WTO (2008) 2. Statistics Sweden, 2008
Sources: 1. WTO (2008) 2. Ministry of Commerce & Industry, FY 2007/08
14 10
COUNTRY FACTS
COUNTRY FACTS
20 07
20 08
15

IMPORT 2002 23.9 (1.5%) 28.6 (1.6%) 33.0 (1.5%) 35.0 (1.5%) 39.3 (1.5%) 48.0 (1.6%) 54.0 (1.6%) EXPORT 23.8 (1.5%) 30.3 (1.7%) 38.3 (1.7%) 42.8 (1.7%) 49.8 (1.8%) 62.7 (1.9%) 71.0 (1.9%) 2002
IMPORT 20.8 (1.3%) 25.5 (1.4%) 36.5 (1.7%) 49.5 (2.0%) 69.5 (2.7%) 78.1 (2.6%) 91.0 (2.6%)
EXPORT 19.1 (1.2%) 23.1 (1.3%) 37.2 (1.7%) 59.4 (2.2%) 72.8 (2.7%) 86.4 (2.7%) 106.0 (2.8%)
Total trade in commercial services in US$ bn and share of world trade in commercial services 1
2003 2004 2005 2006 2007 2008
Total trade in commercial services in US$ bn and share of world trade in commercial services 1
2003 2004 2005 2006 2007 2008
Total Trade in Commercial Services (US$ bn)

90 80 70 60 50 40 30 20 10 0 120 105 90 75 60 45 30 15 0 -
Total Trade in Commercial Services (US$ bn)
20 03
20 08
20 03
20 06
20 02
20 04
20 02
20 05
20 04
20 05
20 06
Commercial Services as share of total trade (merchandise and services) (2007) 1

Imports (221 US$ bn) Exports (255 US$ bn)
20 07
Commercial Services as share of total trade (merchandise and services) (2007) 1

Imports (383 US$ bn) Exports (285 US$ bn)
24.4% 166 166
27.8% 166
23.8% 166
20 07
20 08
37.2%
Source: 1. WTO (2008)
Source: 1. WTO (2008)
16 10
COUNTRY FACTS
COUNTRY FACTS
17

Main exports to India (2008): 1 1. Engineering products (66.8%) 2. Semi-manufactured products (14%) 3. Raw materials (6.7%) 4. Chemical products (3.9%) 5. Other manufactured goods (8.5%) Main exports to Sweden (2008): 1 1. Semi-manufactured products (24.4%) 2. Engineering products (33.1%) 3. Chemical products (5.1%) 4. Food (3.5%) 5. Other manufactured goods (27.4%)
Swedish Exports to India (US$ mn)

2000 1750 1500 -
Indian Exports to Sweden (US$ mn)

800 700 600 500 400 -
1865 1575 1344 1128
741
591 444 388
1250 1000 -
879
750 500 250 0 20 03 20 05 20 00
934
300 -
307 268 189 205 208 183

100 0 03
642 359 221

19 98 19 99
200 -
208
211
285
20 08
00
05
20 04
20 01
20 02
20 02
20 04
20 06
20 07
19 9
Average customs duty (2007): 5.2% 2 The estimated export value for 2008 of products produced by Swedish companies in India exceed US$ one billion.
Average customs duty (2007): 14.5% 2
Sources: 1. Statistics Sweden (2008) 2. WTO (2007)
Sources: 1. Statistics Sweden (2008) 2. WTO (2007)
18 10
COUNTRY FACTS
COUNTRY FACTS
20 07
20 0
20 0
20 08
19 98
20
20
20
19
SWEDEN INVESTMENT STATISTICS

At the end of 2008 the accumulative volume of EU foreign direct investment assets in India amounted to almost 16 billion.
INVESTMENT STATISTICS INDIA
Indian investments in the EU has soared to 2,4 billon from zero in 2004.
6000 -
EU investments in India ( mn)

5392
Indian investments in EU ( mn)

2500 -
5000 -
2380
4000 -
2000 -
3000 -
2546
2000 -
1500 -
2503 1562 1074 747
1000 -
879 615 548 0

20 03 20 04 20 05 20 08
INFLOWS OUTFLOWS
1000 -
500 -
456
852
0 -
133
20 02
0 20 03 20 02 20 04 20 05 20 06 20 07 20 08
20 06
Total Swedish FDI incoming and outgoing (US$ mn) 2

42000 35000 28000 21000 14000 INFLOWS
Total Indian FDI incoming and outgoing (US$ mn) 2

24000 20000 16000 12000 8000 4000 0 -
7000 0 -
OUTFLOWS
2003
2004
2005
2006
2007
2003
2004
2005
2006
2007
Sources: 1. Eurostat (2009) 2. UNCTAD World Investment Report (2008)
Sources: 1. Eurostat (2008) 2. UNCTAD World Investment Report (2008)
20 10
COUNTRY FACTS
COUNTRY FACTS
20 07
21
SWEDEN FUTURE BUSINESS EXPECTATIONS

When do the Swedish companies expect the effects of the global financial crisis to their business in India to be over?
100 90 80 -
Percentage of Companies
70 60 50 40 30 20 10 0 -
Year 2009
Year 2010
Year 2011
Year 2012
Almost 85% of the Swedish companies believe the effects of the global financial crisis to their business in India to be over by 2010.
90% of the Swedish companies in India are planning to increase their activities during the next three years 1
90% 10% 166
No changes Increasing activities
Source: 1. Swedish Chamber of Commerce India: India Business Climate Report
22 10
COUNTRY FACTS
Sustainability: Sustainable development throughout society is the aim of Swedens environmental work, both inside and outside its borders. Id: 63049 Photographer: Gorilla Copyright: Gorilla
SWEDEN BUSINESS CLIMATE

Global competitiveness index ranking: 9 1 Corporate tax rate: 26.3% 2 Employment costs: US$ 29.97 per hour 1 Total expenditure on R&D as percentage of GDP: 3.86 1 Global competitiveness index ranking: 29 1 Corporate tax rate: 30% 2 Employment costs: US$ 1.12 per hour 3
BUSINESS CLIMATE INDIA
Total expenditure on R&D as percentage of GDP: 0.84 1
Stock Market Dvt. Q2 2006 - Q4 2008

1400 1268 1200 1000 800 660 600 400 200 0 20 06 20 08 4 2 3 2 3 20 07 4 3 Q Q Q Q Q Q Q Q 4
Stock Market Dvt. Q2 2006 - Q4 2008

20000 18000 19829
1234 1154 985
16054 16000 14356 14000 13482 11017 13367 11632
16957
15721 14473
1103 1000 978
1192
970
868
12000 10000 -
9647 8000 6000 4000 2000 0-
20 06
20 08
20 07
OMX Stockholm 30 Index, OMXS30 3
SENSEX Index 1000: 1990/12/31
Sources: 1. The Economist, World in Figures 2009 Edition 2. www.worldwide-tax.com (2009) 3. http://omxnordicexchange.com
Sources: 1. The Economist, World in Figures 2009 Edition 2. www.worldwide-tax.com (2009) 3. Economist Intelligence Unit 2008 4. BSE India
24 10
COUNTRY FACTS
COUNTRY FACTS
25
SWEDEN BUSINESS CLIMATE

Number of university students: 426,723 Internet users: 7.3 mn (81%)
2 1
BUSINESS CLIMATE INDIA
Number of university students: 11,777,296 1 Internet users: 81 mn (7%)

3 2 3
Mobile telephone subscribers: 10 mn (100%)
Mobile telephone subscribers: 347 mn (30%)
Business visa to India
Business visa to Sweden
8000 7000 6000 5000 4000 3000 2000 1000 0 -
4500 4000 3500 3000 2500 2000 1500 1000 0 -
2003
2004
2005
2006
2007
2003
2004
2005
2006
2007
Sources: 1. Statistiska Centralbyrn 2. www.internetworldstats.com 3. Post-och telestyrelsen (2009) 4. Embassy of India, Stockholm
Sources: 1. www.education.nic.in 2. www.internetworldstats.com 3. Telecom Regulatory Authority of India April 2009 4. Embassy of Sweden, New Delhi
26 10
COUNTRY FACTS
COUNTRY FACTS
27
INDIA BUSINESS CLIMATE REPORT

India shows great business potential The second Business Climate Survey conducted among Swedish and Swedish related companies in India reconfirms that the Swedish business community consider India a market with great potential. The purpose of the survey is to monitor the business confidence of Swedish companies in India with regard to their own, as well as India's future role in the Asian region. The survey also gathers the joint experience and knowledge of Swedish companies in order to facilitate for future establishments. The results of the survey will serve as a basis on issues to focus on, in order to improve the climate for the Swedish business community. The survey was conducted by the Swedish Chamber of Commerce India together with the Swedish Trade Council and the Embassy of Sweden in India.
BUSINESS CLIMATE REPORT INDIA
Market demand is the main driver for entering the Indian market India is rapidly developing into an important market for Swedish companies. Companies in the engineering products sector still dominate the Swedish presence in India but Swedish companies are also represented in other sectors such as, IT and Telecom, Trading, Infrastructure/ Construction, Retail, Automotive, Life Science/Medical Technology, Defence and Banking. Marketing and sales is the primary business for a majority of the companies but for many companies production and sourcing are also important businesses. Other business areas of interest where Swedish companies operate are outsourcing of support functions and research and development. Even though low cost production and sourcing are important drivers for establishment in India, the survey shows that market demand B2B and the Indian consumers are the main drivers for entering the Indian market. Most of the companies' headquarters are located in Delhi (including the satellite city of Gurgaon), followed by Mumbai, Bangalore, Pune and Chennai. Many companies also have offices in Kolkata, Hyderabad, Ahmadabad and Chandigarh and many are planning to increase their presence most noticeably in Chennai and Ahmadabad. A majority of the companies in India are also present in China and South East Asia and to a quite large extent in the Middle East.
Method All large Swedish companies in India, as well as large number of medium and small sized companies from the different business sectors, participated in the survey. The survey was sent to all Swedish companies with presence in India either through own legal entity, joint venture, partner or other such as liaison office. The survey was distributed electronically to 108 companies and 62 took part in the survey resulting in a response rate of 57,4%. The information provided by the companies is strictly confidential and no data related to the individual companies will be published.
Favourable business climate despite price conscious market A large number of the companies consider India to be a price sensitive and price conscious market. More than half of the companies apply a
28 10
COUNTRY FACTS
COUNTRY FACTS
29

lower price strategy in India compared to the majority of the companies' other markets. Only 1 out of 5 companies apply a higher price strategy in India. Despite the price conscious market, a majority of the companies believe their business in India to be slightly more profitable when compared to their other markets.
(1 being low impact and 10 being high impact), the average effect on the global business is 6, 7 whereas the average in India only rates 5, 4. The vast majority of the companies believe that the effect of the global financial situation to their business in India will be over in the near future, i.e. either in 2009 or by 2010. Almost all companies are planning to increase their activities in India in the coming three years. What is interesting to notice is that none of the companies participating in the survey is planning to reduce its activities or to leave India. The majority of the companies foresee that their overall performance in India in the coming three years will be either favourable or very favourable.
High-quality workforce at a higher cost India has a good availability of a well-educated English-speaking workforce. The white collar workforce is considered to be of high quality but is also considered expensive. Blue collar workforce is still quite inexpensive but the perceived quality has gone down since last years survey. The availability of housing is quite good but comes at a high cost and the quality does not always correspond to the price. Poor air quality, water supply problems and frequent power cuts are still challenges Swedish companies have to tackle on an everyday basis. Office space is available but at a relatively high cost and the quality does not always correspond to the price. Business travel and hotels are considered to be of high quality but are also rather expensive.
Patience needed to overcome multiple systemic difficulties and peculiarities! The Swedish business community still face challenges when doing business in India and 1/3 of the companies faced bottlenecks when establishing. The largest obstacles are, just like last year's survey concluded, the bureaucracy, corruption, complex labour and taxation regulations, high taxation rates and the complicated legal and regulatory system. Many of the legal and taxation regulations are also subject to regional differences which complicates matters even more. In some cases companies face difficulties due to lack of thorough market research and not taking into account regional differences including the legal and taxation regulations. Many companies stress the importance of ensuring a long-term commitment, having local staff and advisors present from start and that solutions and strategies have to be India specific in order to be successful.
The global financial situation has lesser impact on the Swedish companies in India compared to their other markets The Swedish companies have to some extent been affected economically by the global financial situation. The effect, however, seem to have had a lesser impact on the business in India in comparison to the companies' global business. On a scale from 1 to 10
30 10
COUNTRY FACTS
COUNTRY FACTS
31

It is also important to understand the Indian business culture, and the different socio-economic and regional segments and accepting that business relationships are importance. Many companies point out that patience is crucial when doing business in India.
research before entering the Indian market, have local staff and advisors present from start, have India specific solutions and strategies, ensure long-term commitment and have patience when doing business in India.
Swedish companies betting high on India! The Swedish business community has a bright future and many of the companies consider the Indian market to be of high interest and offer many business opportunities. The newly elected government is expected to bring more stability to India and reforms may make it even more appealing for Swedish companies to enter the Indian market. The Swedish companies have a strong belief in India's future development and potential for growth. An indication of this is that the majority of the companies enjoy doing business in India and almost all of them are planning to expand their activities and to double their workforce in the coming three years.
Summary Overall the Swedish companies enjoy doing business in India and have a strong belief in India's future. The global financial crisis has had lesser impact on the Swedish companies in India compared to their other markets and almost all companies are planning to increase their activities in the coming three years. The Swedish companies still face challenges with bureaucracy, corruption, complex labour and taxation regulations and complicated legal and regulatory system. Many companies stress the importance of conducting thorough market
Source: Swedish Chamber of Commerce India: India Business Climate Report
32 10
COUNTRY FACTS
COUNTRY FACTS
33
SWEDEN PROCEDURES & RULES FOR STARTING UP BUSINESS IN SWEDEN

There are 6 options for foreign companies to set up a legal entity in Sweden: Limited Company (private or public) Branch Office Sole Trader Trading Partnership Limited Partnership Economic Association Limited Company (Aktiebolag) A limited company is set up by one or more persons or legal entities. It is to be represented by a Board of Directors and, in certain cases, a Managing Director. These persons have extensive responsibilities and, in certain circumstances, these persons can be personally liable for the company's debts. An approved or an authorized public accountant must accept appointment as Company Auditor before it is possible to register a limited company. An annual report for every financial year must be filed with the Swedish Companies Registration Office (Bolagsverket). The share capital for a company classified as private must be a minimum of SEK 100,000, and SEK 500,000 for a company classified as public. Registration of a limited company takes approximately one month. The normal procedure is to buy a company off the shelf and transform it during a general meeting of the shareholders. This is normally done in one day.
PROCEDURES & RULES FOR STARTING UP BUSINESS IN SWEDEN
Branch Office (Filial) If a foreign company intends to run a business in Sweden without registering a limited company, it normally needs to register a branch office. A branch office will have its own organisational number and VAT registration number. A foreign company can only have one branch office in Sweden. The branch office is not a separate legal body. It operates under Swedish law. No share capital is required since assets and debts belong to the foreign mother company. A branch office has separate book keeping from the foreign mother company. An annual report for the branch office is to be filed with Bolagsverket together with the annual report of the foreign mother company. The annual report is to be audited and authorised by an approved accountant. Appointment of a Managing Director is imperative and this person is required to be based within the European Union or one of its partner countries. Registration of a branch office normally takes 4-6 weeks. Sweden operates a one point of contact policy for incorporation of companies. All required documents can be found and filed at Bolagsverket (www.bolagsverket.se).
Sole Trader (Enskild nringsidkare) Business activities carried out by a sole trader can be regarded as a form of business enterprise, but not as a legal entity. The business is run and represented by one person. The owner of the one man
34 10
COUNTRY FACTS
COUNTRY FACTS
35
SWEDEN PROCEDURES & RULES FOR STARTING UP BUSINESS IN SWEDEN

business gives his own personal identity number as the registration number of the business. There is no economic dividing line between the individual and the enterprise. The individual is personally responsible for all agreements entered into, and hence is financially unprotected. Trading Partnership (Handelsbolag) A trading partnership is a business run by two or more partners. It does not require starting capital or an auditor. Partners assume financial responsibility. Limited Partnership (Kommanditbolag) A limited partnership is very similar to a trading partnership. The major difference is that in a limited partnership, there is at least one partner with limited liability and one partner with unlimited liability. Economic Association (Ekonomisk frening) An economic association is a legal entity, set up by a minimum of three physical persons or legal entities. Every member needs to pay a certain contributed capital and an annual membership fee, but there are no minimum levels. All members have the same voting right. An authorized or approved accountant is not compulsory in small associations.
PROCEDURES & RULES FOR STARTING UP BUSINESS IN INDIA
The main options for Swedish companies to operate in India are: Liaison Office Branch Office Project Office Wholly Owned Subsidiary Joint Venture Company Limited Liability Partnership (LLP) Liaison Office A foreign company may open a liaison office in India to promote its business interests, spread awareness of its products, explore further opportunities, and act as a communication channel between itself and various Indian entities. Liaison offices are not allowed to carry out any commercial, trading or industrial activities, or earn any income in India. It is financed from inward remittances received from abroad, through normal banking channels. The steps required for establishing a liaison office in India and the time frame are as follows: S.No. 1. 2. Particular Prior approval from the Reserve Bank of India Registration with the Registrar of Companies Time Frame 4-6 weeks 2-3 weeks
Branch Office Foreign companies engaged in manufacture, service and/or
36 10
COUNTRY FACTS
COUNTRY FACTS
37
INDIA PROCEDURES & RULES FOR STARTING UP BUSINESS IN INDIA

trading activities abroad trade in goods, provide promote collaborations parent company. A manufacturing activities. may open branch offices. These may services, carry out research work and between Indian companies and the branch office cannot undertake
the time frame are as follows: S.No. 1. 2. Particular Prior approval from the Reserve Bank of India Registration with the Registrar of Companies Time Frame 4-6 weeks 2-3 weeks
For income tax purposes, a branch office is treated as an extension of the foreign corporation in India and is taxed at the rate applicable to foreign companies (presently the tax rate is 40% + 2.5% surcharge (if income is in excess of Rs. 10,000,000) + 3% education cess = 42.23%). The steps required for establishing a branch office in India and the time frame are as follows: S.No. 1. 2. Particular Prior approval from the Reserve Bank of India Registration with the Registrar of Companies Time Frame 4-6 weeks 2-3 weeks
Wholly Owned Subsidiary A wholly owned subsidiary can be set up either as a private limited company or as a public limited company in accordance with the provisions of the Companies Act, 1956. A private limited company requires a minimum paid-up capital of INR 100,000 or such higher capital as may be prescribed by its memorandum of association. A public limited company requires a minimum paid-up capital of INR 500,000. The time frame for registering a company is approximately 4-6 weeks. For incorporating a private limited company, minimum 2 (two) directors and 2 (two) shareholders are required as opposed to minimum 3 (three) directors and 7 (seven) shareholders required to incorporate a public limited company. The Government of India permits Foreign Direct Investment (FDI) on an automatic basis i.e. without prior government approval, except with respect to some exceptional cases such as defense, housing and real estate, retail, print media, banking, telecom etc. or in the case of foreign investors that have an existing joint venture or trade mark/ technology licensing arrangement in India.
Project Office Project offices are a method for foreign companies to establish a business presence in India, for a limited period of time. The project office is essentially a branch office, set up with the limited purpose of executing a specific project. Foreign companies engaged in turnkey construction or installation normally set up a project office for their operations in India. The steps required for establishing a project office in India and
38 10
COUNTRY FACTS
COUNTRY FACTS
39

Under the automatic route, no prior approval is required by a foreign investor to incorporate its Indian subsidiary. The details of the investments made must be filed with the Reserve Bank of India ("RBI") within the prescribed time after the Indian subsidiary has been incorporated. Proposals for foreign investment that are not covered under the automatic approval route, are considered for approval, on merits, by the Foreign Investment Promotion Board (FIPB), Government of India. Composite proposals i.e. proposals seeking other industrial approvals such as industrial license, technical collaborations etc. along with approval for foreign investment, are given a composite clearance by the FIPB. The FIPB typically takes 46 weeks to grant approval. Upon receiving approval from the FIPB, a foreign investor may incorporate an Indian subsidiary or invest in an existing Indian company, as the case may be. A subsidiary company is treated as a domestic company for tax purposes. The tax rate presently is 30% + 10% surcharge (if income is in excess of Rs. 10,000,000) + 3% education cess = 33.99%. Joint Venture Company A joint venture company operates under the same rules as a wholly owned subsidiary, but in the form of a 'partnership' between an Indian and a foreign company. This has traditionally been a useful way of gaining a presence in India within those industries where there have been legal limits to the extent of foreign ownership in Indian firms. With the gradual opening up of the Indian economy,
this alternative is slowly becoming less prevalent, although joint ventures can remain an interesting option from the strategic point of view. A joint venture company is treated as a domestic company for tax purposes. The tax rate presently is 30% + 10% surcharge (if income is in excess of Rs. 10,000,000) + 3% education cess = 33.99%. Limited Liability Partnership Limited Liability Partnership (LLP) is a separate legal entity, which has recently been introduced in India by way of the Limited Liability Partnership Act, 2008. An LLP is a body corporate that has perpetual succession and a legal personality of its own. LLP is an alternative corporate business form that gives the benefits of a limited liability of a company and the flexibility of a partnership. This structure contains elements of both 'a corporate structure' as well as 'a partnership firm structure'. An LLP can continue its existence irrespective of changes in its partners. Since an LLP is a separate legal entity, it is liable to the full extent of its assets, but the liability of the partners is limited to their agreed contribution in the LLP It is capable of entering into . contracts and holding property in its own name. Every partner of an LLP for the purpose of the business of the LLP is an agent of the LLP , , but not of the other partners. Liability of partners is limited except in case of unauthorized acts, fraud and negligence on their part. Further, no partner is personally liable on account of the
40 10
COUNTRY FACTS
COUNTRY FACTS
41

independent or unauthorized actions of other partners. Thus individual partners are shielded from joint liability created by another partner's wrongful business decisions or misconduct. Mutual rights and duties of the partners within an LLP are governed by an agreement between the partners or between the partners and the LLP as the case may be. Any individual or body corporate may be a partner in an LLP A . minimum of two partners are required for formation of an LLP There . is no limit to the maximum number of partners. Appointment of at least two Designated Partners is mandatory for all LLPs, who must be individuals and at least one of the Designated Partners must be a resident of India. In case of an LLP in which all the partners are bodies corporate or in which one or more partners are individuals and bodies corporate, at least two individuals who are partners of such LLP or nominees of such bodies corporate are required to act as Designated Partners. "Designated Partners" are accountable for regulatory and legal compliances, besides their liability as "partners, per-se". The LLP Act contains enabling provisions pursuant to which a firm (set up under the Indian Partnership Act, 1932), private company or unlisted public company (incorporated under the Companies Act, 1956) can convert themselves into LLPs. The time frame for registering an LLP is approximately 4-6 weeks.
42 10
COUNTRY FACTS
Electrochromism: This unique and patented technology enables the production of plastic foils with throughputs of light that can be changed by an electrical voltage. Copyright: ChromoGenics AB
SWEDEN BUSINESS VISA TO SWEDEN

For a business visit, the applicant is required to enclose an invitation letter from the company concerned or from whoever is organising the visit, along with a completed visa application form.
BUSINESS VISA TO INDIA
For a business visit, the applicant is required to enclose an invitation letter from the company concerned or from whoever is organising the visit, along with a completed visa application form.
The invitation must contain the following details about the applicant: Personal particulars Arrival and departure dates Purpose of visit Guarantee of costs to be incurred during the trip For more information on visa procedures, office hours for visa, processing time and to download the application form, please log onto www.swedenabroad.se/newdelhi Application forms are also available at the Embassy of Sweden in New Delhi or at the Swedish Consulates in India.
The invitation must contain the following details about the applicant: Company profile Designation of applicant Purpose and date of visit Guarantee of costs to be incurred during the trip For more information on visa procedures, office hours for visa, processing time and to download the application form, please log onto www.indianembassy.se Application forms are also available at the Embassy of India in Stockholm.
44 10
COUNTRY FACTS
COUNTRY FACTS
45
MAP OF SWEDEN AND ITS SURROUNDING MARKETS
HELPING HANDS
Useful organisations when doing business in
SWEDEN & INDIA
Sweden and its surrounding countries at a radius of 1500 km from Stockholm. This area has approximately 450 million consumers. Sweden is a member of the European Union.
46 10
COUNTRY FACTS
47
EMBASSY OF SWEDEN NEW DELHI
EMBASSY OF INDIA STOCKHOLM
The Embassy of Sweden in New Delhi maintains and develops a comprehensive knowledge base, covering all areas of relations between Sweden and India. This provides the Embassy with a unique opportunity to initiate and facilitate contacts, and act as a hub and a meeting place for a broad and sustainable partnership. Regarding office hours please refer to Embassy website.
The Embassy of India in Stockholm is a nodal point for matters pertaining to trade and investment relations between India and Sweden. It is the first point of contact for providing general/specific information and arranging meetings for businessmen and visiting delegations from either side.
Address:
Tel: Fax: Web: Head:
4-5, Nyaya Marg Chanakyapuri New Delhi 110 021 +91 11 24197100 +91 11 26885401 www.swedenabroad.se/newdelhi H E Mr Lars-Olof Lindgren Ambassador
Address:
Adolf Fredriks Kyrkogata 12 Box 1340 SE 111 83 Stockholm +46 8 4113212 +46 8 248505 www.indianembassy.se H E Mr Balkrishna Shetty Ambassador
48 10
HELPING HANDS
HELPING HANDS
49
SWEDISH HONORARY CONSULATES INDIA
CONFEDERATION OF INDIAN INDUSTRY
Sweden has Honorary Consulates in Chennai, Kolkata and Mumbai. The Honorary Consulates act as the representatives of the Embassy of Sweden in their respective geographic areas. The Honorary Consuls have close links with the Swedish business community in India. Public office hours of the Honorary Consulates can be found on www.swedenabroad.se/newdelhi
CII is a non-government, not-for-profit, industry led and industry managed organisation, playing a proactive role in India's development process. Founded over 114 years ago, it is India's premier business association, with a direct membership of over 7800 organisations from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 90,000 companies from around 385 national and regional sectoral associations. CII's theme for 2009-10 is 'India@75: Economy, Infrastructure and Governance.
Chennai Address:
Kolkata Consulate of Sweden Address: 6, Cathedral Road Chennai 600 086
Address:
Tel: +91 44 28112232 Fax: +91 44 28110294 Hon Consul: Mr Arun Vasu Mumbai Address:
Consulate of Sweden Swati Apartment, GF 65A, Satish Mukherjee Rd Kolkata 700 026 Tel: +91 33 24644240 +91 33 24649400 Hon Consul: Mr Aloke Mookerjee
The Mantosh Sondhi Centre 23, Institutional Area, Lodi Road New Delhi 110 003 +91 11 24629994 - 97 +91 11 24626149 www.cii.in Mr Chandrajit Banerjee Director General
Tel: Fax: Hon Consul General:

50 10
Consulate General of Sweden Mahatma Gandhi Memorial Building, 3rd Floor Netaji Subash Road Mumbai 400 002 +91 22 65221583 +91 22 66337826 Mr Rakesh Makhija HELPING HANDS HELPING HANDS
51
CONFEDERATION OF SWEDISH ENTERPRISE
EKN, The Swedish Export Credits Guarantee Board
SVENSKT N R N GSL V
The Confederation of Swedish Enterprise (Svenskt Nringsliv) is Sweden's largest and most influential business federation representing 50 member organizations and 54,000 member companies with some 1.7 million employees. The long-term goal of the Confederation is for Sweden to regain pole position in the OECD prosperity league, where the country has slipped from 4th place in 1970 to 12th place in 2006. To achieve this goal, the Confederation takes the position that a world-class business environment is necessary, allowing enterprises to grow and create more and new jobs. With the support from EKN, Swedish companies and financing banks can offer their customers attractive financial terms and conditions. EKN is a governmental agency which provides companies, banks and financial institutions with state guarantees against losses incurred in export transactions and foreign investment. The guarantees serve as an insurance. Long-term credits, high-risk markets, complex transactions, small transactions if there's no cover on the commercial insurance market, EKN's guarantee is there to help.
Address:
Storgatan 19 SE 114 82 Stockholm +46 8 55343000 +46 8 55343099 www.svensktnaringsliv.se Mr Urban Bckstrm Director General
Address:
Box 3064 SE 103 61 Stockholm +46 8 7880000 +46 8 4118149 www.ekn.se Ms Karin Apelman General Director
52 10
HELPING HANDS
HELPING HANDS
53
EXPANDING EXPORTS HELPDESK
FEDERATION OF INDIAN CHAMBERS OF COMMERCE & INDUSTRY
EXPANDING EXPORTS
The Expanding Exports Helpdesk is an online resource, provided by the European Commission, to facilitate access for developing countries to markets within the European Union. The Expanding Exports Helpdesk provides relevant information required by the developing country's exporters interested in supplying the EU market.
With more than eight decades of history, closely linked to the economic development of India, FICCI has led industry and business in nationbuilding. Backed by a nationwide network of chambers of commerce and industry, trade and industry associations, professional institutions, bi-national chambers of commerce, corporate bodies and private firms, it strives to create an atmosphere conducive to globalization. It speaks for over 2,75,000 business units, small, medium and large, employing around 25 million people.
Web: http://exporthelp.europa.eu/
Address:
Federation House 1, Tansen Marg New Delhi 110 001 +91 11 23315442, 23738760 - 70 +91 11 23320714, 23721504 www.ficci.com Dr Amit Mitra Secretary General
54
HELPING HANDS
HELPING HANDS
55
INVEST IN SWEDEN AGENCY
OPEN TRADE GATE SWEDEN
Sweden is consistently ranked at the very top in numerous independent surveys for its Overall Competitiveness and Innovation. If your organization wants to benefit from 'Advantage Sweden', talk to Invest in Sweden Agency (ISA). It is the government agency responsible for information about business and investment opportunities in country. ISA assists companies with end to end advice in identifying partners and establishing business in Sweden. Discussions are treated confidentially and all services are free of charge.
Open Trade Gate Sweden is a one-stop information centre for exporters in developing countries. The overall goals are to increase market access for developing countries and to strengthen the capacity to export to Sweden. Open Trade Gate Sweden provides information on trade rules, regulations and requirements for the Swedish and European Union markets. The service is free of charge. Open Trade Gate Sweden forms part of the National Board of Trade, Sweden's governmental agency for international trade and trade policy.
ISA in India Address: Embassy of Sweden Nyaya Marg, Chanakyapuri New Delhi 110 021 Tel: +91 11 46067132 Fax: +91 11 46067130 E-mail: [email protected] Head: Srikant Illuri Executive Director & Country Head, India BU Automotive/BU Cleantech E-mail: [email protected] BU Life Sciences E-mail: [email protected]
ISA in Sweden(HQ) Address: World Trade Center Klarabergsviadukten 70:B6 SE 101 21 Stockholm Tel: +46 8 4027800 Fax: +46 8 4027878 E-mail: [email protected] Head: Mr Bengt-Ake Ljuden Director, International Mktg & Sales BU ICT/BU Materials Science E-mail: [email protected] BU Other Industries E-mail: [email protected]
Address:
Drottninggatan 89 SE 113 86 Stockholm +46 8 6904940 +46 8 6904941 [email protected] www.opentradegate.se Ms Sonia Albarello Executive Director
Tel: Fax: E-mail: Web: Head:
Visit us at: www.isa.se

56 10
HELPING HANDS
HELPING HANDS
57
SWEDEN-INDIA BUSINESS COUNCIL
SWEDFUND INTERNATIONAL AB
The Sweden India Business Council is the business network organization between the Swedish and Indian business community. Their main objective is to enhance their member's knowledge of Swedish and Indian markets by creating and hosting gatherings in order to facilitate networking. Their members are Swedish giants to SME's. SIBC was established in May 2003 following an initiative by several Swedish companies inspired by the fast and promising developments in India. SIBC is a co-operation between the Confederation of Indian Industry and the Confederation of Swedish Enterprise. Today they also have co-operation agreements with the Federation of Indian Chamber of Commerce and Industry. Address: Box 92069 SE 120 07 Stockholm +46 709107351 +46 8 7153969 www.sibc.se Mr Robin Sukhia Secretary General
Swedfund offers risk capital and competence for investment in Africa, Asia, Latin America and non-EU countries in Eastern Europe, contributing to economic development in its countries of operation. It invests with strategic partners, mainly expanding Swedish companies. Since its start in 1979, Swedfund has made almost 200 investments in 60 countries. Owned by the Swedish state, Swedfund is a member of the Association of European Development Finance Institutions.
Address:
854, Sector 17 Gurgaon 122 001 +91 124 2348445 +91 124 2349605 www.swedfund.se Mr Ashok Nehru
Tel: Fax: Web: Advisor:
58 10
HELPING HANDS
HELPING HANDS
59
SWEDISH TRADE FEDERATION SVENSK HANDEL
SWEDISH TRADE COUNCIL
Swedish Trade Federation is the main organisation in Sweden for importers, wholesalers, suppliers and retailers. The Federation has 13,000 members representing a total of 21,500 workplaces. The members of the Federation handle the major share of Swedish domestic trade and imports. The Swedish Trade Federation is the largest member organisation of the Confederation of Swedish Enterprise (Svenskt Nringsliv).
The Swedish Trade Council has offices in almost 60 countries and an annual turnover of US$ 70 million. Today there are three offices in India: New Delhi, Bangalore and Mumbai. The Swedish Trade Council assists Swedish companies with their international business development on the basis of their specific needs. This involves everything from answering questions about exports to helping companies to establish themselves or grow in a foreign market. Swedish companies contemplating to do business abroad, can contact the Swedish Trade Council to find out more about the opportunities.
Address:
Regeringsgatan 60 SE 103 29 Stockholm +46 10 4718500 +46 10 4718665 [email protected] www.svenskhandel.se Mr Dag Klackenberg Managing Director
Trade Commissioner: Web:
Mr Fredrik Fexe www.swedishtrade.se/english Bangalore Address: Kheny Chambers 4/2, Cunningham Road Bangalore 560 052 +91 80 41529100 Tel: +91 80 41529110 Fax: Mr Bengt Johansson Head:
Tel: Fax: Email: Web: Head:
Delhi Address: C/o Embassy of Sweden Nyaya Marg, Chanakyapuri New Delhi 110 021 Tel: +91 11 46067100 Fax: +91 11 46067110 Head: Mrs Ulrika Bohman Troubat
Mumbai Address: C/o Handelsbanken 6th floor, Housefin Bhavan, C 21, Bandra Kurla Complex Bandra (East), Mumbai 400 051 +91 80 41529100 Tel: +91 80 41529110 Fax: Head: Mr Jens Wernborg HELPING HANDS HELPING HANDS
61
60 10
SWEDISH CHAMBER OF COMMERCE INDIA
The Chamber is an independent, non-profit networking organization with the mission to promote Swedish commercial interests in India. Member companies include all large Swedish companies and a number of small and middle sized companies operating in India. The Chamber provides unique business opportunities through various activities and offers access to an influential network of individuals with good knowledge about doing business in India. In addition members obtain exclusive membership services and receive up to date news and information.
Address:
C/o Swedish Trade Council Embassy of Sweden, Nyaya Marg Chanakyapuri, New Delhi 110 021 +91 11 46067123 - 4 +91 11 46067110 www.swedishchamber.in Ms Josefin Victorin Manager
62 10
HELPING HANDS
Recycling: A key component of modern waste management and the third component of the "Reduce, Reuse, Recycle" waste hierarchy. Id: 69679 Photographer: Ragn-Sells Copyright: Ragn-Sells
SWEDISH BRANDS
SWEDEN
Wind Power: Wind power will play a growing role in generating electricity. It has little environmental impact, and can be used all over the world. Id: 6950 Photographer: H Blomberg Copyright: Vattenfall
65
SWEDISH BRANDS
SWEDISH BRANDS
Few countries can match the international success that Sweden and Swedish companies have attained in the global economy. Here are some examples of successful Swedish companies and brands that are not yet registered as companies in India.
Absolut Vodka is the world's 4th largest international spirit brand and available in
126 markets all over the world. www.absolut.com
provides innovative image restoration, enhancement, colour correction and data conforming systems that major movie studios, television networks and post-production facilities use to produce and enhance feature films, TV programs and commercials. www.digitalvision.se
Digital Vision
AkzoNobel the largest global coatings company. A major producer of specialty

chemicals and supply industries worldwide with quality ingredients for life's essential. www.akzonobel.com
Electrolux Professional is the only company able to provide complete, high performing kitchens of one brand. The product portfolio has been designed according to the strictest quality, safety and sustainability standards. www.electrolux-professional.com
Electrolux Professional
is a leading Global Provider of Assured and Profitable Alignment process to the Automotive Industry, including Technical Development, Training and Service. www.car-o-liner.com
Car-O-Liner
is the global leader in Infrared cameras, night vision and thermal imaging systems. The thermography division is specializing in thermal imaging applications where both imaging and temperature measurements are required. Main markets: Predictive Maintenance, building, R&D, Manufacturing, Process Control and Gas imaging. www.FLIR.com/THG
FLIR Systems, inc
66 10
SWEDISH BRANDS
SWEDISH BRANDS
67
SWEDISH BRANDS
SWEDISH BRANDS
world widely providing various type of Gas Handling Equipment for Cutting and Welding, Medical Applications, Process Applications and Specialty Gas Control is Europes leading company in the field of Gas Control Equipment. www.gcegroup.com
GCE,
is the leading Scandinavian producer of Crystal and Glass. Orrefors is recognized for its clear crystal in timeless design. Kosta Boda has the most well-known glass designers in the world like Bertil Vallien, Kjell Engmann and Goran Warff. All together they create Glass with personality. www.kostaboda.com
Orrefors Kosta Boda AB
produces the most sought-after professional level digital cameras and photo equipment for discerning photographers around the world. www.hasselblad.com
Hasselblad AS
established worldwide since mid 70s, is specialised in design, supply and construction of sustainable systems for water and wastewater treatment as well as systems for renewable energy specifically biogas and biogas up-grading, in municipal and industrial applications. www.lackebywater.se
Purac
TM
, the Swedish super car, which today holds the Guinness Book of World Records record as the fastest production car in the world. www.koenigsegg.com 68 10
Koenigsegg Automotive AB
formerly SWE-DISH Satellite Systems AB, is headquartered in Sweden, and is a leading developer of mobile satellite communications systems and related services for broadband applications. www.rockwellcollins.com
Rockwell Collins Sweden AB,
SWEDISH BRANDS
SWEDISH BRANDS
69
SWEDISH BRANDS
since 1946 offers Nonstop flights with connections to and from Scandinavia. Touches more than 150 destinations around the world. SAS believes in service and simplicity to enable smooth and efficient traveling. SAS has Sales and Reservation office in Delhi, India. www.flysas.com
Scandinavian Airlines International
is one of the worlds leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. www.scania.com
Scania
is the leading Swedish consultancy company in the energy and power sector. Its services include technical, management and environmental consulting. www.vattenfall.com/powerconsultant 70 10
Vattenfall Power Consultant AB
SWEDISH BRANDS
Waste Management: Vacuum waste collection systems will be regarded as a common utility for residential areas and commercial centres. Copyright: Envac
BUSINESS DIRECTORY
INDIA
Solar Collectors: Gather the sun's energy, transform its radiation into heat, then transfer that heat to water, solar fluid, or air. Copyright: ClimateWell Solar Cooling
73
A3TL
ABB LTD
A3TL is a company promoted jointly by a group of professionals and seeded by Affarsstrategerna (ASAB), a leading Swedish venture capital firm. A3TL is an IT outsourcing company, offering IT solutions across verticals. Core competencies include providing technology paths to corporations in client server technologies, outsourcing integration tools, and enabling clients to be wireless compliant. A3TL has offices in Mumbai, Bangalore and Stockholm.
As one of the world's leading engineering companies, ABB helps customers to use electrical power effectively and to increase industrial productivity in a sustainable way. The ABB Group of companies operates in over 100 countries and employs about 120,000 people. ABB operations in India include 14 manufacturing facilities with over 7500 employees. Customers are served through an extensive countrywide presence with more than 18 marketing offices, 8 service centers, 3 logistics warehouses and a network of over 800 channel partners. The ABB Group is increasingly leveraging the Indian operations for projects, products, services, engineering and R&D. Address: 2nd Floor, East Wing, Khanija Bhavan 49, Race Course Road Bangalore 560 001 +91 80 22949150 +91 80 22949148 www.abb.co.in Mr Biplab Majumder Vice Chairman & Managing Director US$ 1.6 bn US$ 34.9 bn 6,496 120,000 52.1%
Address:
Tel: Fax: Web: Head: Annual Turnover in India: Annual Turnover in the World: No of Employees in India: No of Employees in the World: Swedish Share:
B 305, Twin Arcade Military Road, Marol Andheri (East), Mumbai 400 059 +91 22 40966566 +91 22 40966566 www.a3tl.com Mr Nitin Kanchan Chairman & CEO US$ 0.05 mn US$ 0.05 mn 10 10 30%
Tel: Fax: Web: Head: Designation: Annual Turnover in India: Annual Turnover in the World: No of Employees in India: No of Employees in the World: Swedish Share:
74 10
BUSINESS DIRECTORY INDIA
75
AHLENS FAR EAST LTD
ALFA LAVAL (I) LTD
Ahlens Far East Ltd is the Liaison office of Ahlens AB: a Swedish chain of departmental stores with 82 outlets in Sweden and 20 in Norway. Ahlens also works as an agent for Antilla, a Finnish chain of department stores and Lagerhaus-chain stores in Sweden. Business areas include home furnishings, leather bags, hard goods and fashion. In Delhi, operations include sourcing, product development, quality control, code of conduct, shipping, market trends, vendor development, monitoring costs etc.
Alfa Laval is a leading global provider of specialized products and engineered solutions in heat transfer, separation and fluid handling. The company's equipment, systems and services are dedicated to help optimize the performance of various processes. Their products help to heat, cool, separate and transport products such as oil, water, chemicals, beverages, foodstuffs, starch and pharmaceuticals.
Address :
Intermediate Floor, F Block International Trade Tower Nehru Place, New Delhi 110 019 +91 11 26288471 - 72 +91 11 26288470 www.ahlens.com Mr Richard James Country Head US$ 10 mn US$ 947 mn 9 3,394 Liaison Office
Address:
Mumbai - Pune Road Dapodi Pune 411 012 +91 20 27107100 +91 20 27147711 www.alfalaval.com Mr Nish Patel Managing Director US$ 165.48 mn US$ 3.54 bn 1,247 12,100 88.77%
76 10
77
ALIMAK HEK (I) PVT LTD
ANDANTE INDIA CONSULTANTS PVT LTD
Alimak Hek Group offers versatile, reliable and efficient vertical access solutions based on Rack & Pinion technology. The product comprises of construction hoists, mast climbing work platforms and industrial lifts for movement of men & material in the construction & general industry spectrum.
The Andante group started in 1989 as a constellation of an independent organization for research, training and consultancy work in the field of international development co-operation. It is located in Varnamo and Strangnas in Sweden, Pune in India, and Manila in the Phillipines. In India, Andante India Consultants Ltd provides a wide spectrum of management consultancy services, assistance for forming strategic alliances with Swedish companies, evaluation studies and IT enabled services.
Address :
206, 2nd Floor, AMSRI Plaza # 9-1-164, S D Road Secunderabad 500 003 +91 40 27711565 +91 40 66907014 www.alimakhek.com Mr B Shankar Rao Managing Director US$ 0.5 mn US$ 300 mn 4 1,029 100%
Address:
Office No 3, Ground Floor Avishkar Heights, 1411, Sadashiv Peth Pune 411 030 +91 20 24485035 +91 20 24485035 www.andantetools.com Mr Suresh Pingale Director US$ 0.75 mn US$ 2.1 mn 3 6 40%
78 10
79
APPENDIT AB
ARJOHUNTLEIGH HEALTHCARE (I) PVT LTD
Appendit AB focuses on CRM, project management, work flows and task management. In these areas, Appendit AB develop general and customer specific software, with staff located in Sweden and India. The development is done step by step in a project model that is in line with the project model, RUP adapted to smaller projects (500 - 2000 hours). They offer our services , per hour ($20), per month ($1500) or at fixed prices per project.
ArjoHuntleigh Healthcare India Pvt Ltd is a group company of GETINGE, AB Sweden manufacturing and marketing a vide range of medical and hospital equipments. Their products are supplied to more than 150 countries. They employ over 10,000 people all over the world and have a global turnover of US $ 3.14 billion.
Address:
Office No 3, 3rd Floor 76, Priyan Plaza, Nelson Manickam Road Chennai 600 029 +91 44 45536224 +91 44 45536224 www.appendit.se Mr Niclas Arnberger CEO N/A US$ 4 mn 17 23 100%
Address:
8, Shah Industrial Estate Off Veera Desai Road Andheri (West), Mumbai 400 053 +91 22 66946697, 26743244, 66972905 +91 22 26734244 www.ArjoHuntleigh.com Mr Chander P Tahiliani Managing Director US$ 3.5 mn US$ 3.14 bn 43 10,358 100%
80 10
81
ASSA ABLOY (I) PVT LTD
ASSAB SRIPAD STEELS LTD
ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience. As the world's leading lock group, ASSA ABLOY offers a more complete range of door opening solutions than any other company on the market. ASSA ABLOY is represented in all major regions, on both mature and emerging markets, with leading positions in much of Europe and North America and in Australia. In the rapidly growing electromechanical security sector, the Group has a leading position in fields such as access control, identification technology, automatic doors and hotel security. Address: B 206, Universal Business Park Kamani Oil Mills Lane, Andheri (East) Chandivalli, Mumbai 400 072 +91 22 40051380 +91 22 40051383 www.assaabloy.com Mr Rakesh Patnaik General Manager-India N/A US$ 4.5 bn 15 32,000 100%
Assab Sripad Steels Ltd is the Indian subsidiary of Assab International AB, Sweden and is engaged in the import, stocking, marketing and distribution of Assab Uddeholm Tool Steels produced in Hagfors, Sweden. These tool steels are used to manufacture plastic moulds, die casting dies, forging dies, extrusion dies and cold work tools. Assab Sripad has stock centers in Chennai, Panvel (Near Mumbai), Noida (near Delhi) and Hyderabad. Our Vacuum Heat Treatment Facilities are presently in Chennai & Panvel.
Address:
Padmalaya Towers Janaki Avenue, MRC Nagar Chennai 600 028 +91 44 24952371, 24951980 +91 44 24952273 www.assabsripad.com Mr P E Shankar Managing Director US$ 8.5 mn US$ 5.1 bn 60 20,000 70%
82 10
83
ASTRAZENECA PHARMA (I) LTD
ATLAS COPCO (I) LTD
AstraZeneca is one of the world's leading pharmaceutical companies, with a broad range of medicines designed to fight disease in important areas of healthcare. Backed by strong science and wide-ranging commercial skills, they are committed to sustainable development of their business and the delivery of a flow of new medicines that bring benefit for patients and add value for wider society.
Atlas Copco (India) Ltd is a subsidiary of Atlas Copco AB, headquartered in Sweden. The company in India represents all the three business areas of the Atlas Copco Group and operates with a divisional structure to give a proper focus to each of the products. The shares of the company are listed in the Bombay Stock Exchange and Pune Stock Exchange. The products and services range from compressed air and gas equipment, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. It also has a holding structure, five sales companies and two product companies, along with two captive engineering centres. Address: Sveanagar Mumbai - Pune Road Dapodi, Pune 411 012 +91 20 30722222 +91 20 39852432 www.atlascopco.com Mr Filip Vandenberghe Managing Director US$ 265 mn US$ 10.6 bn 1,700 34,000 84%
Address:
Post Box 2483 Off Bellary Road, Hebbal Bangalore 560 024 +91 80 23622021 - 27 +91 80 23622015 www.astrazenecaindia.com Mr Anandh Balasundaram Managing Director US$ 70.12 mn US$ 31.6 bn 1,461 65,000 89.99
84 10
85
AUTOLIV (I) PVT LTD
AXIS VIDEO SYSTEMS (I) PVT LTD
Autoliv is a worldwide leader in automotive safety, a pioneer in both seatbelts and airbags, and a technology leader with the widest product offering for automotive safety. All the leading automobile manufacturers in the world are their customers. The company services them from 80 subsidiaries and joint ventures in 30 countries. In India they supply to all the major Automobile OEM's. It is a TS 16949 and ISO 14001 certified company. The crash Lab Test Centre is duly certified by TUV and ARAI.
Axis is an IT company offering network video solutions for professional installations. The company is the global market leader in network video, driving the ongoing shift from analog to digital video surveillance. Axis products and solutions focus on security surveillance and remote monitoring and are based on innovative, open technology platforms. Axis is a Swedish-based company, operating worldwide with offices in more than 20 countries and cooperating with partners in more than 70 countries. Founded in 1984, Axis is listed on the NASDAQ OMX, under the ticker AXIS. For more information about Axis, please visit our website at www.axis.com Address: 7, Mission Road, 3rd Floor Devdas Manor, CSI Compound Bangalore 560 027 +91 80 41571222, 41113991 - 92 +91 80 41506468 www.axis.com Mr Prakash Prabhu Country Manager N/A US$ 310 mn 6 705 100%
Address :
16, Visweswaraiah Industrial Estate Off Whitefield Road, Mahadevapura Post Bangalore 560 048 +91 80 30586300, 30586267 +91 80 30586302 www.autoliv.com Mr Johan Lofvenholm President - India region US$ 48 mn US$ 6.47 bn 750 33,600 100%
86 10
87
BAE SYSTEMS SWS DEFENCE AB
BARRACUDA CAMOUFLAGE PVT LTD
BAE Systems SWS Defence AB markets the defence equipment for the Indian Defence forces. Among the products SWS is marketing the 155 mm Field Howitzer System 77B, which was first introduced in the Indian Army in 1986. They provide product support to the Indian Army for the maintenance of the FH 77B02 equipment. SWS, as the Original Equipment Manufacture, is also providing product support for the 40 mm L/70 Air Defence Gun System, this system was introduced in the Indian Army in 1960.
Barracuda India is poised for a major breakthrough with Indian Armed Forces taking up trials for Multi-spectral Camouflage Systems. Program involves change over to Synthetics from old jute nets. Barracuda remains first choice for various Missile Systems & now for personal equipment for soldiers in combat zones. Company has set up facilities to integrate technology from Sweden for use in Indian Armed Forces. Mobile camouflage Systems is unique to Barracuda. Successful trials have since been concluded
Address :
S 20, Second Floor Green Park Extn New Delhi 110 016 +91 11 41756508 +91 11 41756518 www.baesystems.se Mr Gran Karlsson Vice President N/A N/A 1 96,000 N/A
Address:
103, Phase 6 Udyog Vihar Gurgaon 122 001 +91 124 2370591 - 92 +91 124 2370590 www.saabgroup.com Mr Naresh Ummat Managing Director US$ 1 mn US$ 98 mn 10 255 95%
88 10
89
BERGER-BECKER COATINGS PVT LTD
BIRLA ERICSSON OPTICAL LTD
Berger Becker Coatings Pvt Ltd (BBCPL) is a joint venture between Becker Industrial Coatings, Sweden, and Berger Paints India Ltd. Becker Industrial Coatings is a market leader in Europe for coil coating paints. BBCPL started its operation in the year 1998, manufacturing coil coating paints. The company supplies to India and to neighboring countries. The products are used in building, domestic appliances, automotive and other industries.
Birla Ericsson Optical Limited is a Joint Venture Company (JVC) between MP Birla group and Ericsson of Sweden. The Company is primarily engaged in manufacturing wide range of Wire & Cables, Telecommunication Cables including Armoured, Unarmoured and Ribbon Type Optical Fibre Cables, PIJF Copper Cables, Switch Board Cables and other Specialty Telecommunication Cables at its state-of-the-art production facilities located at Rewa (MP), India. The JVC is a market leader in Telecommunication Cable business segment in India and commands premium due to its high quality and innovative products. Address: Udyog Vihar PO Chorhata Rewa (MP) 486 006 +91 7662 400400, 400580 +91 7662 400680 www.birlaericsson.com Mr Y S Lodha President US$ 35 mn US$ 35 mn 300 300 27.5%
Address :
Plot No 114 Pilerne Industrial Estate Post Saligao, Goa 403 511 +91 832 2407103 - 04, 2407107 +91 832 2407106 www.beckers-bic.com Mr Rajesh Mehrotra Sr Vice President US$ 18 mn US$ 1.12 bn 70 4,426 51%
90 10
91
BLUEFISH PHARMACEUTICALS (I) PVT LTD
BOMBAYWORKS SOFTWARE SOLUTIONS PVT LTD
Bluefish is a Sweden-based, India-centric pharmaceuticals company, focused on Marketing of generic products in all EU markets under the Bluefish brand. Bluefish cost competitiveness and technical pool, and managing the global supply chain by proximity to suppliers. Towards this, a Global Technology & Development Center has been set up in Bangalore, currently deploying 20 technical people.
BombayWorks offer services within Web and Application development, as well as Web strategies, to Swedish customers. In addition to their delivery center in Mumbai, they have a team of programmers working out of Sweden. They strongly believe in integrating their projects, letting each country focus on their own competitive advantages in order to deliver high quality and cost effective web solutions.
Address :
Muthu Sri Complex, 3rd Floor 18, Banaswadi Main Road Bangalore 560 043 +91 80 41653505 - 06 +91 80 41653500 www.bluefishpharma.com Dr Ashwani Kumar Director & CEO N/A N/A 18 45 100%
Address :
Sahar Plaza Complex Andheri (East), Sahar Medow 501 Mumbai 400 059 +91 9892003698 N/A www.bombayworks.com Mr Gabriel Mannheimer Managing Director N/A US$ 1 mn 6 16 100%
92 10
93
BRANDSYSTEMS (I) PVT LTD
BUFAB INDIA FASTENERS PVT LTD
BUFAB INDIA FASTENERS PVT. LTD.
Systematic approach towards the brand is their work technology. BrandSystems solutions' integrate all aspects of brand-related information and communication to deliver exceptional growth for organizations. The products re-define brand communication through a completely customized and disciplined approach and assist companies to take full control of their brand.
BUFAB INDIA FASTENERS PVT LTD is a group of BUFAB AB, Sweden. BUFAB is one of the leading manufacturer and distributor of fasteners with presence in more than 30 countries. The business concept is to develop, manufacture, purchase, market and handle a broad range of Fasteners/Small parts.
Address:
No 29, Empire Infantry Infantry Road Bangalore 560 001 +91 80 66122250 +91 80 66122252 www.brandsystems.com Mr Peter Svahn Managing Director US$ 4 mn US$ 4 mn 33 40 100%
Address :
2, Shreeban 1099 B, Model Colony Shivajinagar, Pune 411 016 +91 20 25666461 +91 20 25666462 www.bufabindia.com Mr Gaurav Purandare Managing Director US$ 1.3 mn US$ 380 mn 7 850 100%
94 10
95
CAMFIL FARR AIR FILTRATION (I) LTD
CARGOTEC (I) PVT LTD
The Camfil Farr Group is the world's largest designer and manufacturer of air filters with 24 production units around the globe and four regional R&D centres. Camfill Farr India is well known in the field of industrial air filtration, manufacturing and supplying Filters and Filtration Systems for its Gas Turbine Air Intake, Industrial Compressors, Engine Intake and Ventilation Filters for diesel and electrical locomotives, heating ventilation and Air conditioning filters for clean room application, pharmaceutical application and dust collection systems.
Cargotec improves the efficiency of cargo flows by offering handling systems and related services for the loading and unloading of goods. Cargotec's brands, Hiab, Kalmar and MacGregor, are global market leaders in their fields and their solutions are used on land and at seawherever cargo is on the move. Extensive services close to customers ensure the continuous usability of equipment. Cargotec is the technology leader in its field, its R&D focusing on innovative solutions that take environmental considerations into account.
Address:
62, Industrial Development Colony Mehrauli Gurgaon Road Gurgaon 122 001 +91 124 4324110, 4324175 +91 124 4082405 www.camfilfarr.com Mr PKSV Sagar Chief Operating Officer US$ 5.75 mn US$ 700 mn 47 3,321 76%
Address:
6th Floor, A-Wing, Shree Nand Dham Plot No 53, Sector 11, CBD Belapur Navi Mumbai 400 614 +91 22 67736666 +91 22 27582227 www.cargotec.com Mr Atul Tandon Managing Director US$ 15.9 mn US$ 4.74 bn 233 11,000 100%
96 10
97
CASTMASTER MOBITEC (I) PVT LTD
CASTMASTER THOREB TELEMETICS PVT LTD
mo
CMIPL, a Joint Venture Company between Castmaster and Mobitec AB, is a leading supplier of Passenger Information Systems and LED Signs to Public Transport Industry in India e.g. Tata Motors, Tata Marcopolo, Ashok Leyland, Eicher Motors, Volvo Bus, major Body builders and State Transport Corporations. It undertakes design, development, manufacture, assemble, market, sale and service of all Mobitec Products on an exclusive basis.
THOREB
CTTPL, a Joint Venture Company between Castmaster and AB Thoreb, is a leading supplier of Traffic Management and Multiplexing Systems for the Public Transport Industry in India e.g. Tata Motors, Tata Marcopolo, Ashok Leyland, Eicher Motors, Volvo Bus, major Body builders and State Transport Corporations. It undertakes design, development, manufacture, assemble, market, sale and service of all Thoreb Products on an exclusive basis.
Address:
46, Industrial Estate Sector 6 Faridabad 121 006 +91 129 4063001 +91 129 4063007 www.castmaster.com Mr Rahul Jain Director N/A N/A 25 N/A N/A
Address:
46, Industrial Estate Sector 6 Faridabad 121 006 +91 129 4063001 +91 129 4063007 www.castmaster.com Mr Rahul Jain Director N/A N/A 10 N/A N/A
98
99
CAVOTEC (I) LTD
CIVIL ID SYSTEM (I) PVT LTD
The Cavotec group specializes in power supply technology for Ports & Maritime, Mining & Tunneling, Steel & Aluminium, Energy & Offshore, Airports, and General Industry & Automation. Cavotec designs and manufactures a wide range of core products through its highly specialised manufacturing Centres of Excellence and Group Partners, including: motorised cable reels, rail fastening systems, Panzerbelt cable protection systems, slipring columns, aircraft support systems, flexible cables, spring driven reels, electrical plugs and sockets, cable chain systems, radio remote controls and automated mooring systems. Address : Phase 2 Road Hinjewadi Pune 411 057 +91 20 40224440 +91 20 40224443 www.cavotec.com Mr Nicklas Pihl Managing Director US$ 1 mn US$ 200 mn 6 750 70%
Civil ID specializes in issuing secured personalized plastic / smart cards for various applications in Govt & Pvt sector. They represent many international companies for their entire range of smart card based products and can offer the most cost effective solution for any application. Being the pioneer in issuance of secured cards, they are known to offer secured solutions for applications like National ID cards, Driver's licenses, Health / insurance cards etc.
Address:
128, SVP Nagar Near Versova Tel Exchange Andheri (West), Mumbai 400 053 +91 22 65737270 - 71 +91 22 26328181 www.civilidsystem.in Mr Vijay Gaba Director US$ 0.17 mn US$ 6 mn 7 40 70%
100 10
101
CONSILIUM MARINE (I) PVT LTD
CYBERCOM DATAMATICS INFORMATION SOLUTIONS
Consilium is a leading company manufacturing Marine & Navigational Equipment. The major customers for Consilium in India are SCI, Great Eastern, Varun Shipping, ESSAR Shipping etc. This office has been set up to focus on the needs of Indian customers and give them better solutions. The company will cater for the Sales & After sales services of all the Consilium products.
CDIS is a 50-50 joint venture between Stockholm-based Cybercom Group and Mumbai-based leading IT consulting & BPO company Datamatics Global Services Limited. The Company offers best-of-breed end-to-end solutions and better-cost advantages through its state-of-the-art Center of Excellence to the telecom industry.
Address :
210, Raheja Arcade Sector 11, CBD Belapur Navi Mumbai 400 614 +91 22 67935150 +91 22 67937921 www.consilium.ae Mr Manoharan K K Sales Manager N/A N/A 5 600 50%
Address :
Plot No B6, 1st & 2nd Floor Cross Road B, MIDC Andheri (East), Mumbai 400 093 +91 22 67108211, 67108701 +91 22 28215290 www.cdis.in/in Mr Rahul L Kanodia Vice Chairman & CEO US$ 90 mn US$ 156 mn 2,600 3,800 50%
102 10
103
DELAVAL PVT LTD
DELLNER COUPLERS (I) PVT LTD
DeLaval Pvt Ltd is a group company of Tetra Laval, Sweden with its nerve centre in Pune, Maharashtra. Delaval specializes in the areas of milking automation, bulk milk cooling, animal care & hygiene and farm supply products.
Dellner Couplers is a leading manufacturer of Passenger Rail Transit Car Couplers with over 50 years of experience. Over 100,000 coupler units have been sold worldwide. Having plants in Sweden, Poland, USA, Germany, France, China and India. The company has received orders for Delhi and Mumbai Metro trains and also from Indian Railways as a part of their modernization efforts.
Address:
A 3, Abhimanshree Society Dr Homi Bhabha (Pashan) Road Pune 411 008 +91 20 25675881- 82, 67218200 +91 20 25675916 www.delaval.com Mr Neeraj Kumar Managing Director US$ 6 mn US$ 1.18 bn 32 4,400 100%
Address :
12, Kuthambakkam Village Ponamallee Taluk, Distt Thiruvallur Tamil Nadu 602 107 +91 44 32017406 - 07 +91 44 32027259 www.dellner.com Mr Manvinderjit Singh Managing Director N/A US$ 120 mn 7 300 100%
104
105
DIAB CORE MATERIALS PVT LTD
EF EDUCATIONAL TOURS PVT LTD
DIAB is a leading manufacturer of Sandwich Core Materials for various verticals like Aerospace, Wind Energy, Transportation & Industry. With a global presence and Technical support in most of the locations around the world, DIAB is recognized as a world leader in Core materials.
EF Education was founded with the mission of breaking down barriers of language, culture and geography. EF is the world's largest privately owned educational organization, committed to language learning, educational travel, cultural exchange and academic programs. EF Educational Tours enables Indian teachers to bring school lessons to life through international educational travel.
Address :
Kamalam Villa, Odl No 4, New No 7 First Street, Chandra Baugh Avenue Mylapore, Chennai 600 004 +91 44 42316768 +91 44 42316770 www.diabgroup.com Mr G Gopish Kumar National Sales Manager N/A US$ 200 mn 34 1,000 100%
Address:
C 19, Ground Floor, Commercial Complex Safdarjung Development Area New Delhi 110 016 +91 11 46053001 +91 11 46053009 www.eftours.in Mr Satya Divi Managing Director N/A N/A 28 28,000 N/A
106 10
107
EKMAN PULP AND PAPER PVT LTD
ELCOME TECHNOLOGIES PVT LTD
Ekman Pulp and Paper Pvt Ltd represents Ekman & Co AB, Gothenburg for marketing Pulp and Paper to the Indian market. They are one of the biggest importers / indenters of pulp to India Paper Industry.
ETPL (a Hexagon Company) a leading company in India providing Surveying and measuring solutions in India and neighboring countries. ETPL represents Leica Geosystems AG, Switzerland for positioning technologies (Total Staiton, GPS, High Definition Instruments etc). Apart from Leica, ETPL is the leading distributor for Magellan Hand-held GPS, Riegl 3D Laser Scanning Systems, NovaTel GPS, DMT's Gyromat, Amberg's Rail Positioning System, and Campbel Scientific in India.
Address :
Saumil Houe, 35, Pali Gaothan 16th Road, Bandra (West) Mumbai 400 050 +91 22 26002239, 26005528 +91 22 26004829 www.ekmanonline.com Mr Saumil Patel Managing Director N/A US$ 750 mn 10 158 N/A
Address :
A 6, Infocity Sector 34 Gurgaon 122 002 +91 124 4122222 +91 124 4122200 www.elcometech.com Mr Ajay Seth Managing Director US$ 16 mn N/A 80 N/A 100%
108 10
109
ELEKTA MEDICAL SYSTEMS (I) PVT LTD
ELETTA FLOW (I) PVT LTD
Elekta is a human care company pioneering significant innovations and clinical solutions for treating cancer and brain disorders. The company develops sophisticated state of the art tools and treatment planning systems for radiation therapy and radiosurgery, as well as workflow enhancing software systems across the whole spectrum of cancer care.
Eletta of Sweden is a world-renowned manufacturer of measurement & control instrumentation for the process industry. The product range includes the flagship product-line namely Eletta flow monitors based on the differential pressure principle, the Helios brand of level monitors and Eletta Cerlic optical analysers. Eletta's sister concern Weda deals with underwater cleaning using robotics. Eletta is present in Sweden, Switzerland, Germany, China, India and the USA.
Address :
312 R, 3rd Floor, Centrum Plaza Sector 53, Golf Course Road Gurgaon 122 011 +91 124 4633222 +91 124 4633233 www.elekta.com Mr Percy Shroff Managing Director US$ 40 mn US$ 900 mn 40 2,500 100%
Address:
Business Centre # 18, Logix Park A 4, Sector 16 Noida 201 301 +91 9810031546, +91 120 4366093 +91 120 4366098 www.eletta.com Mr Maneesh Parnami Vice President, Marketing, Asia & Pacific N/A US$ 14 mn 1 100 N/A
110 10
111
ELOF HANSSON (I) PVT LTD
ENVAC ENVIRONMENTAL TECHNOLOGY PVT LTD
Elof Hansson has been active in pulp & paper industry for over ten decades. The company is actively engaged in supply of Pulp, Paper & Secondary fibers, Machinery & technical services, Consumables, Speciality Chemicals and timber. They provide added value in marketing, financing, shipping and risk management.
Envac is the global market leader in automated waste collection. They develop and sell underground network systems for transportation of municipal and commercial waste. The collection and transportation of waste is fully automated, safe and environmentally advantageous. Envac's global design center and marketing office is located in Bangalore, India.
Address :
New No 149, Chamiers Road Raja Annamalaipuram Chennai 600 028 +91 44 24315110 - 15 +91 44 24315116 www.elofhansson.com Mr Jonas Heiman CEO US$ 3 mn US$ 800 mn 33 550 100%
Address :
203, Sri Sai Plaza New BEL Road, Devasandra Bangalore 560 094 +91 80 42639100 +91 80 42639117 www.envac.net Mr Manoj Kumar Biswal Office Manager N/A US$ 20 mn 7 620 100%
112 10
113
ERICSSON (I) PVT LTD
FLEXLINK SYSTEMS (I) PVT LTD
Ericsson is the world's leading provider of technology and services to telecom operators. It is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 1 billion subscribers and has a leading position in managed services. The company's portfolio comprises of mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. Ericsson is advancing its vision of "to be the prime driver in an all-communicating world" through innovation, technology, and sustainable business solutions. Address: Ericsson Forum DLF Cybercity, Sector 25 A Gurgaon 122 002 +91 124 2560808, 4080808 +91 124 2565454 www.ericsson.com/in Mr Gowton Achaibar President, Market Unit - India & Sri Lanka US$ 2 bn US$ 28 bn 3,500 78,000 100%
FlexLink is a knowledge-based company with deep roots in industrial manufacturing, and ideally positioned to meet the growing need for flexible automated production processes. With more than two decades of global process knowledge and system experience they have a sense of drive, initiative and commitment for solving production challenges. Their production logistics knowledge increases process efficiency within: filling, packaging, machining and assembly.
Address :
Plot No 64 Sector 18, HUDA Gurgaon 122 002 +91 124 4278844 +91 124 4278855 www.flexlink.com Mr Rohit Kapur Managing Director US$ 0.20 mn US$ 183.27 mn 14 706 100%
114 10
115
GAC SHIPPING (I) PVT LTD
GAMBRO (I) PVT LTD
Established in 1983, GAC Shipping (India) Pvt Ltd has grown steadily to offer a truly one-stop shop option for all shipping, logistics, 3 PL, offshore needs and also act as correspondents for P & I clubs. Today, GAC India is headquartered in Cochin and operates 25 other full-fledged offices throughout India, covering all major, minor ports and inland Container Depots. The airport branch is an exclusive office established to attend to various air cargo jobs.
Gambro is a global medical technology company and a leader in developing, manufacturing and supplying products, therapies and services for In-center Care and Self Care hemodialysis, Peritoneal Dialysis, Renal Intensive Care and Hepatic Care. Gambro has started its operations in India in 1991 through a liaison office and subsequently established a branch office in 2004, Gambro India Pvt Ltd located in Chennai. Gambro has traditionally been a leading innovator in renal care products for decades and first to market with many innovations. The products are sold across India under the Gambro brand name. Address : 3/538, 4th Cross Street Lakshmana Perumal Nagar, Kottivakkam Thiruvanmiyur, Chennai 600 041 +91 44 24513224 +91 44 24514377 www.gambro.com Mr Balaji Rajagopallan Country Manager US$ 6 mn US$ 1.8 bn 20 8,000 100%
Address:
PO Box 515 Cochin 682 003 +91 484 2668372 +91 484 2668388 www.gacworld.com/india Mr Paul Haegeman Managing Director N/A N/A 281 7,500 N/A
116 10
117
GEODIS OVERSEAS PVT LTD
GETINGE (I) PVT LTD
Geodis is an European group with international network of 25,200 employees in 120 countries, ranking among top 5 European logistics companies, it is recognized for its multibusiness experience and its capacity to control all or part of supply chain, distribution (groupage & express), logistics, full & part load, air & sea freight, reverse logistics. Geodis is the most innovative trendsetter in global freight management, delivering integrated logistics solutions for the customers, enabling them to be the best in class.
GETINGE India Pvt Ltd is a wholly own subsidiary of GETINGE, Sweden, the worlds leading provider of complete, ergonomical, cost-efficient solutions for effective cleaning, disinfection and sterilization in the healthcare and life science sectors.
Address:
Building No 8, Tower A 5th Floor, DLF Cyber City, Phase II Sector 25, Gurgaon 122 002 +91 124 4569999 +91 124 4569900 www.geodis.com Mr Rene Bach Larsen Managing Director US$ 37.3 mn N/A 225 25,200 50%
Address :
8, Shah Industrial Estate Off Veera Desai Road, Andheri (West) Mumbai 400 053 +91 22 42608000 +91 22 42608010 www.getinge.com Mr Anant Agarwal President N/A US$ 2.8 bn 10 11,500 100%
118 10
119
GISLEN SOFTWARE PVT LTD
GUNNEBO (I) LTD
Gislen Software is a Swedish owned, quality conscious software consultancy based in India. Gislen software offer competence in enterprise applications and advanced web based solutions in different business domains. Gislen Software mainly works with Scandinavian clients and has staff with the needed cultural experience. The company has a fully owned subsidiary in Sweden.
Gunnebo is an international security group with companies in 25 countries and a presence in a further 100 markets. Gunnebo is also a world leading supplier of high graded fire and burglary resistant safes. The company serves customers that require access and entrance control, site protection, secure cash management, secure storage, and fire and burglary protection. Gunnebo India has 75 years of expertise in the security business and indigenously manufactures world-class products in Gujarat and Tamil Nadu.
Address :
SDF 2, Unit 27 MEPZ, Tambaram Chennai 600 045 +91 44 22627541 +91 44 22623856 www.gislen.com, www.gislen.se Mr Mikael Gislen Managing Director US$ 0.7 mn US$ 0.8 mn 40 40 84%
Address :
Lake City Mall 'A', 4th Floor Kapurbawdi Junction, Majiwade Thane (West) 400 607 +91 22 67803500 +91 22 67803535 www.gunnebo.in Mr Nicholas Roberts Country Manager US$ 25 mn US$ 900 mn 720 6,400 95%
120 10
121
H&M HENNES & MAURITZ (I) PVT LTD
HAGGLUNDS DRIVES (I) PVT LTD
H&M is a Sweden-based importer established in 1947 in Sweden. At present the company operates more than 1794 own stores in 34 countries. The company business concept is "Fashion and Quality at the Best Price". H&M offers a broad and varied range of fashion for women, men, teenagers & children. H&M works with around 700 independent suppliers. Around 70 percent of the production takes place in Asia and the rest, mainly in Europe.
Hgglunds Drives India Pvt Ltd is a 100% subsidiary of Hgglunds Drives AB, Sweden, which is the worlds foremost suppliers of low speed, high torque hydraulic drive systems for industrial and marine applications. These systems are used for material handling, mining, cement, steel, power plants, sugar, pulp & paper, marine & offshore, rubber, plastics & chemical industries etc. The company in India is responsible for sales & marketing, technical support, commercial handling and aftermarket support.
Address:
211, 3rd Floor Okhla Industrial Estate, Phase III New Delhi 110 020 +91 11 41694444 +91 11 41613585 www.hm.com Mr Bjrn Palmqvist Country Manager N/A US$ 15 bn 94 70,000 99%
Address :
18/4 & 19/4 Hadapsar Industrial Estate Pune 411 013 +91 20 32345888 +91 20 26813844 www.hagglunds.com Mr Arvind Singhal Managing Director US$ 15 mn US$ 300 mn 27 797 100%
122 10
123
HALDEX (I) LTD
HANDELSBANKEN
Haldex India Limited is a 60:40 joint venture between Haldex AB of Sweden & Anand Automotive Systems in India. Company manufactures Manual Brake Adjusters. Automatic Brake Adjusters & Condenser cum Oil Separators in India. Major customers of Haldex India, in India, are Tata Motors, Ashok Leyland, Volvo Eicher Commercial Vehicles Limited other than exporting its products virtually to all parts of the world.
Handelsbanken conducts universal banking operations in the Nordic countries, Great Britain, Germany and Poland. In Asia the bank operates in China, Hong Kong, Taiwan, Singapore and Malaysia. The Indian office supports customers doing business in India by providing access to bank accounts and necessary credits. Imports and exports to/from India requiring Letters of Credits or Guarantees is facilitated by the banks experienced Trade Finance teams. The bank offers financing for large Indian-related export deals and infrastructure projects.
Address:
B 71, MIDC Ambad Nashik 422 010 +91 253 2380094 +91 253 2380729 www.haldex.com Mr Binu Sivanathan General Manager US$ 9.8 mn US$ 1125 mn 72 4,710 60%
Address:
6th floor, Housefin Bhavan C 21, Bandra Kurla Complex Bandra (East), Mumbai 400 051 +91 22 26573826 - 27 +91 22 26573829 www.handelsbanken.com/in Mr Ashish Gupta Chief Representative N/A US$ 3.8 bn 3 11,000 Liasion office
124 10
125
HGANS (I) LTD
IFS SOLUTIONS (I) PVT LTD
Hgans India Limited is a subsidiary of Swedish multinational Hgans AB. Hgans is the world leader in the field of powder metallurgy, offering a wide range of iron powder and high alloy metal powder solutions for automotive and other industries. These powders enjoy developmental leadership in production processes with the key benefit of lower total cost coupled with consistent high quality.
IFS was Established in 1983 and is traded in the Stockholm stock exchange. IFS is a global ERP Solution provider and it specializes in segments like Energy & Utility, defense, railways, project centric business & manufacturing. Operates from over 50 countries and have more than 620000 users worldwide. In India IFS has offered solution to leading players in defense, utility and project centric organizations.
Address :
Ganga Commerce 4 North Main Road Koregaon Park, Pune 411 001 +91 20 66030171 +91 20 66030188 www.hoganas.com Mr V Srinivasan President & Managing Director US$ 30 mn US$ 780 mn 73 1,589 97.97%
Address:
A 2E, 2nd Floor, CMA Building Sector 24, Institutional Area Noida 201 301 +91 120 2411858, 2412780 - 83 +91 120 2411865 www.ifsworld.com/in Dr Chandan Chowdhury CEO & Director N/A US$ 300 mn 120 2,600 100%
126 10
127
IKEA TRADING (HK) LTD (I) LIAISON OFFICE
INDISKA INDIA EXPORT SERVICES PVT LTD
IKEA TRADING (HONG KONG) LTD INDIA headquartered in Gurgaon, sources many articles for IKEA, one of the world's leading home furnishings company. About 140 people work out of 2 offices in Gurgaon and Chennai. Many popular IKEA articles are made here including textiles, rugs, plastics, lighting & metal products etc for IKEA customers worldwide. India is a growing and important purchasing country for IKEA.
Indiska India Export Services Pvt Ltd is a Pvt Ltd company registered under the Indian companies act. Indiska India Export Services Pvt Ltd acts as a buying & controlling office for Indiska Magasinet AB, Sweden.
Address :
DLF Infinity, Tower A, 8th Floor DLF Cybercity, Sector 25 Gurgaon 122 002 +91 124 4325000 +91 124 4112710 www.ikea.com Mr Gregg Mowins Regional Manager US$ 260 mn US$ 29.4 bn 140 127,800 100%
Address:
19, Interlink Ind Estate Caves Road, Jogeshwari (East) Mumbai 400 060 +91 22 28365944 +91 22 28365081 www.indiska.com Mr K P Ramchandran Nair Managing Director US$ 1.3 mn US$ 120 mn 38 740 100%
128 10
129
INDPRO PVT LTD
ISS INTEGRATED FACILITY SERVICES PVT LTD
Indpro is a Swedish consultancy firm that provides global resource solutions within IT. Their business idea is to provide experienced and competent programmers to a low cost and a high quality. They have the competence, experience and a unique work methodology to ensure the critical success factors needed when conducting offshore outsourcing within IT. Utilizing the clients' specific conditions enables us to support our clients through all the phases of offshore outsourcing. They call it outsourcing service - The Swedish Way - where they guarantee a unique solution and work methodology.
ISS INTEGRATED FACILITY SERVICES PVT LTD in India is fully owned subsidy of ISS A/S Group headquartered at Copenhagen, Denmark. ISS India operations has more than 14,000 employees on roll with offices located in 18 cities across India. ISS has over four hundred B-2-B customers where Integrated Facility Service, Cleaning, Office Support & Staffing Service, Property Service and Catering Services are being successfully provided to all MNC & large companies across all sectors.
Address :
18, New BEL Road ITI Layout Bangalore 560 054 +91 80 23607856 N/A www.indpro.se Mr Pavel Siddique Managing Director N/A US$ 1.1 mn 55 60 100%
Address:
3B, 3rd Floor, Gold Line Business Centre New Link Road, Malad (West) Mumbai 400 064 +91 22 40459300, 29797505 - 06 +91 22 28787002 www.issworld.com Mr Jolly Kochery Country Manager US$ 70 mn US$ 18 bn 15,000 472,800 55%
130 10
131
ITT CORPORATION (I) PVT LTD
KAHRS IMPEX PVT LTD
ITT is the world's premier supplier of fluid systems and solutions to move and control water and other fluids. ITT customers are looking for efficient and durable solutions for their clean water, wastewater, building trades, mining, power, chemical processing, pulp & paper, oil & gas, agriculture, bio/pharmaceutical, and leisure marine businesses.
Khrs is a world-renowned Swedish brand that has been working with wood since 1857. Khrs invented the Multi layered Engineered Wood Floors in the early 1940's and today market these floors globally with their presence in more than 40 countries. Khrs have their own subsidiary, established in India since early 2007, to market their products to Asia and countries in the Middle East. Khrs floors are available in all the major markets through a network of committed dealers and retailers.
Address :
Prama House, 2nd Floor 21 Cama Ind Estate, Walbhat Road Goregaon (East), Mumbai 400 063 +91 22 67843040 +91 22 67843033 www.itt.com Mr Sam Yamdagni President & Managing Director US$ 30 mn US$ 12 bn 108 40,000 N/A
Address:
D 126, 2nd Floor Okhla Industrial Area, Phase I New Delhi 110 020 +91 11 40573031 +91 11 41931921 www.kahrs.com Mr Anil Tyagi Managing Director N/A US$ 500 mn 3 1,250 100%
132 10
133
KAPPAHL FAR EAST LTD
KMT PRODUCTION MACHINERY (I) PVT LTD
KappAhl is a leading fashion chain with nearly 325 stores in Sweden, Norway, Finland and Poland. KappAhl sells value-for-money fashion for many people men, women and children but focuses particularly on women from 30 to 50. KappAhl has been present in India for several years and utilizes the production of jersey and woven garments as well as accessories. KappAhl works in a close relation with vendors to ensure both environmental as well as code-of-conduct related issues.
KMT Group's Precision Grinding Business Area markets, develops & manufactures advanced Grinding machines for the customers who have stringent demand for Precision, performance and accessibility within selected sectors such as Bearings, Fuel Injection, Hydraulics, cam shafts, steering shaft etc. KMT India further specializes in rebuild manufacturing besides sales, service and spare parts for the Business Area.
Address :
203, 2nd Floor Solitaire Plaza, MG Road Gurgaon +91 124 4557800 +91 124 4557878 www.kappahl.com Ms Kaisa Mattson Country Manager N/A N/A 15 4,500 100%
Address:
227-228, Sector 7 IMT Manesar Gurgaon 122 050 +91 124 4368361 +91 124 4368360 www.kmtgroup.com Mr Neeraj Mangal General Manager US$ 3 mn US$ 120 mn 9 268 100%
134 10
135
KORLOF NORBERG & PARTNERS
LINDEX (I) PVT LTD
Krlof Norberg & Partners offers advisory services to companies and investors: 1) Business Development, Market Entry, Alliances/JV & Strategy 2) Investment banking advisory - M&A, Investment & Financing 3) Real Estate 4) Trade - Import, Export & Sourcing
Lindex is one of the leading fashion chains in northern Europe with 346 stores. Lindex product groups are Lingerie, Women's Wear, Children's Clothing and Cosmetics. Lindex head office is located in central Gteborg in Sweden. Lindex is, since 2007, a part of the Finnish listed company Stockmann.
Address :
Swami Dayanand, C 802 Sector 6, Dwarka New Delhi 110075 +91 11 45671582 N/A www.korlofnorberg.com Mr Lars Norberg Corporate & Executive Advisors N/A US$ 30 mn 12 32 N/A
Address:
19, 2nd Floor Okhla Industrial Estate, Phase III New Delhi 110 020 +91 11 40542200 +91 11 41664136 www.lindex.se Ms Mridula Dixit Lall Country Manager NA US$ 931 mn 18 4,500 100%
136 10
137
LIV MEDICA PRODUCT PVT LTD
MAQUET MEDICAL (I) PVT LTD
Liv Medica Equipment Pvt Ltd is a manufacturer and exporter of First Aid Kit Components - Hospital Disposable Products. Their Customers are American Red Cross - Red Cross - St Johns Ambulance and leading First Aid Kit distributors.
Maquet Medical India Pvt Ltd was formed in the year 2004 as a part of Getinge Medical Systems growth initiatives in Asia. Today, it's a well established corporate platform for the Group's Medical Systems activities in India, with headquarters in Mumbai & regional offices in Bangalore, Delhi, Kolkatta & Mumbai - Maquet Medical India Pvt Ltd, is a local partner for supporting Getinge Groups customers - in Healthcare.
Address :
2/395, Mokambiga Nagar Katuppakkam Chennai 600 056 +91 44 24769165 +91 44 24760084 www.lmfirstaid.shorturl.com Mr Conny Blom Managing Director US$ 0.1 mn US$ 1.1 mn 140 140 98%
Address :
2nd Floor, Mehta Trade Centre No 1 Shivaji Colony, Sir MV Road Andheri (East), Mumbai 400 099 +91 22 40692100 +91 22 40692150 www.maquet.com Mr Ashim Purohit CEO US$ 13.53 mn US$ 2.6 bn 64 12,800 99%
138 10
139
MERCURI URVAL RECRUITMENT & SELECTION (I) PVT LTD
MUNTERS INDIA HUMIDITY CONTROL PVT LTD
Mercuri Urval matches the key people with the strategic needs of their clients. It is their expertise to identify, develop and acquire people that build the organizational strength of their clients. The company helps address and answer the following four key questions: 1) What capabilities do you need? 2) What capabilities do you have? 3) What capabilities can you develop? 4) What capabilities do you need to acquire?
Munters a Sweden based World leading company for humidity control. Munters is the inventor of the environmentally and energy-efficient technology that is the base for all our products like the desiccant Rotor and the Evaporative cooling pads. Dehumidification with a focus on industrial process-air treatment, comfort-oriented climate control and climate control for the AgHort Industries.
Address:
2726, 4th Floor, Laxminarayana Nivas Off 80 Feet Road, Indiranagar 3rd Stage Bangalore 560 038 +91 80 42910900 +91 80 42910910 www.mercuriurval.com Mr Henry de Montjoye Managing Director N/A US$ 210 mn 5 800 100%
Address :
304, PT Gera Centre Dhole Patil Road Pune 411 001 +91 20 30522520, 66818900 +91 20 30522521 www.munters.com Mr Leif Karlsson Managing Director US$ 1.2 mn US$ 788 mn 14 4,291 100%
140 10
141
NATURELLEMENT
NEDERMAN (I) PVT LTD
Naturellement began its venture in 1991 in the international township of Auroville, south India. It produces high quality gourmet food of international standards. The Company's founder, Martina Ljungquist, introduced expertise in European cuisines, management know-how, high standards of hygiene and worker welfare. Naturellement aims to produce high quality organic food products, giving self-empowering work and training to local women.
Nederman India Pvt Ltd a Subsidiary of Nederman based in Sweden is a global player in working environment products and systems & world leader in dust & smoke extraction. Exhaust Fume Extraction. Hose 7 Cable reels, with 60 years experience enabling it in becoming a known brand in industry on a global basis.
Address:
Udyogam Auroville 605 101 +91 413 2622034, 2623267 +91 413 2623267 N/A Ms Martina Ljungquist Managing Director N/A N/A 30 30 N/A
Address :
1203,12th Floor, Maithilis Signet Sector 30A, Nr Vashi Station, Vashi Navi Mumbai 400 705 +91 22 41629900 +91 22 67934203 www.nederman.in Mr Rajiv Didolkar Managing Director N/A US$ 7.98 bn 8 730 100%
142 10
143
NEFAB (I) PVT LTD
NOBEL BIOCARE (I) PVT LTD
NEFAB delivers complete packaging solutions to international industrial groups, primarily within the telecom equipment and automotive industries. The NEFAB Group currently has operations in 35 countries across Europe, North and South America and Asia. Due to the increased demand in India for their products and services, they have established a private limited company in Mumbai to fully assume the role of a global packaging partner. Nefab's operations are focused on three key concepts: Global Presence, Partnership & Complete Solutions. NEFABs vision is to be the Global Partners for Complete Packaging Solutions. Address: 401, 4th Floor, Galleria Building A Wing, Hiranandani Gardens Powai, Mumbai 400 076 +91 22 67108861 +91 22 67108861 www.nefab.com Mr Ravindra Shenoy Managing Director US$ 9 mn US$ 394 mn 42 2,343 100%
Nobel Biocare is the world leader in innovative restorative and esthetic dental solutions, providing dental professionals with state of the art evidence-based root-to-tooth solutions, including dental implants, allceramic crowns, bridges and laminates, guided surgery planning, scanners and biomaterials.
Address :
5th Floor, Dheeraj Arma Station Road, Bandra (East) Mumbai 400 051 +91 22 67519999 +91 22 67519900 www.nobelbiocare.com Mr Sameer Bhat Country Manager N/A N/A 35 2,500 N/A
144 10
145
NYNAS AB (I) LIAISON OFFICE
ORIFLAME (I) PVT LTD
Nynas is a global leader in speciality naphthenic oils for key markets like Electrical, Lubricant, Chemical and Tires. They run a business-to-business operation, based on non-commodity specialty oil products including technical service and application know-how. The production is largely based on heavy crude oil, which is upgraded to produce bitumen and naphthenic specialty oils which are recognised world over for their high quality.
Oriflame is today one of the fastest growing beauty companies selling direct. They are present in 61 countries, of which they are the market leaders in more than half. They offer a wide range of high-quality beauty products as well as a unique opportunity to join their sales force and start own business.
Address :
3rd Floor, Landmark Bldg Opp St Peters Church, 136 Hill Road Bandra (West), Mumbai 400 050 +91 22 26406257 - 58 +91 22 26406251 www.nynas.com Mr Arjun Lad General Manager N/A US$ 2.6 bn 3 800 100%
Address:
L29 - L34, Radial 6 Outer Circle, Connaught Place New Delhi 110 001 +91 11 43665500 +91 11 41551465 www.oriflame.co.in Mr Fredrik Widell Managing Director US$ 40 mn US$ 1.7 bn 360 7,500 100%
146 10
147
OSTBERG (I) PVT LTD
PANORAMA IBE
Ostberg Group AB is one of the worlds leading duct fan producers since 1981. Today 85% of Ostberg products are exported to more than 70 countries. The company is certified according to ISO 9001 and ISO 14001 standards. In Ostberg wide range you can find wide range of duct fans in insulated or non insulated, roof, wall, radial and explosion-proof fans. For healthy indoor air and energy savings they have some products, e.g. energy recovery units, these provides houses with clean, fresh air and increase the comfort.
Panorama IBE is a Corporate Training company with focus on Soft skills. Their methodology is built on simplicity. Understanding; why there is a need for change will motivate! Knowledge; customized training material will give them the tool set! Practice; how they can apply it easily in their work will ensure result!
Address :
Globe Complex, J Wing Gala No 5 & 6, Owali Village, Dapoda Bhiwandi, District Thane, Maharashtra +91 9910945729 +91 11 40507377 www.ostberg.com Mr Satish Bhalla General Manager N/A N/A N/A 350 N/A
Address:
Sri Krishna Arcade #18 New BHEL Road, ITI Layout Bangalore 560 054 +91 80 41674774 +91 80 41674774 www.panorama-ibe.com Mrs Linda Larsson CEO N/A N/A 0 N/A 66%
148 10
149
PERGO (I) PVT LTD
PERSTORP SPECIALTY CHEMICALS PVT LTD
Pergo India Private Limited is company trading in Laminated Flooring. Pergo globally is now a part of Pfleiderer group based in Germany. Pergo India is having its dealer network of approx 70 nos spread over all over India. Pergo India has a cliental of all kinds of customers including individuals, residential multistoried projects, hotels , architects and designers.
The Perstorp Group is a world leader in several sectors of the specialty chemicals market. They have a rich performance culture distilled from their long history and extensive knowledge in the chemical industry, enabling them to produce Winning Formulas for a wide variety of industries and applications. Their products are used in the aerospace, marine, coatings, chemicals, plastics, engineering and construction industries and they can also be found in automotive, agricultural feed, food, packaging, textile, paper and electronics applications.
Address :
M 13, 1st Floor M Block Market, Greater Kailash II New Delhi 110 048 +91 11 41435741, 41435742 +91 11 41435740 www.pergo.com Mr Naresh Maheshwari CFO US$ 5.5 mn US$ 2,400 mn 21 5,777 50%
Address:
Sai Commercial Annexee, 4th Floor BKS Devshi Marg, Govandi (East) Mumbai 400 088 +91 22 25526600 +91 22 25555118 www.perstorp.com Mr Lars Erlandsson Managing Director US$ 48 mn US$ 1.9 bn 175 2,700 100%
150 10
151
PKL LTD
PORTWISE APAC PTE LTD
PKL Limited is a vibrant, emerging and professionally managed ISO 9001:2008 certified Company. PKL has adopted the world-renowned brazing technology and is now recognized as the world leader in LPG based Appliances. The company besides selling their range products in domestic markets is also supplying to various countries. PKL's Home Appliances are marketed under the brand name CLIX.
PortWise, a trusted Identity and Access Management specialist provides a comprehensive, integrated and secure software platform protecting the integrity of employee, partner, or consumer interactions with corporate applications and data across the internet. PortWise enables organizations to protect the integrity of their systems with convenient, low-cost, mobile two-factor authentication, and in-depth device security. In a world ridden with identity theft and corporate espionage, PortWise protects over 1500 organizations and 15 Million users.
Address :
8-3-1087, Plot No 48 Srinagar Colony Hyderabad 500 073 +91 40 23746745, 66630005 +91 40 23741096 www.pkl.co.in Mr Rajiv Kabra Managing Director US$ 7.2 mn US$ 7.2 mn 256 N/A 18.45%
Address:
401, Gangothri Residency 1st Main GM Palya Bangalore 560 075 + 91 80 41201422 + 91 80 41201422 www.portwise.com Mr Kaushik Thakkar VP - Sales & Strategic Alliances N/A N/A 10 N/A N/A
152 10
153
PRAMET TOOLS (I) PVT LTD
QLIKTECH INTERNATIONAL AB (I) LIAISON OFFICE
Pramet Tools has been developing cemented carbide tools for metal chip machining and forming tools for more than 50 years and has thus acquired an extensive expertise in tooling solutions. That period of traditions and experiences of cemented carbide production, material quality, and R&D allows Pramet to maintain its lead position in the Czech market and expand rapidly to other countries in the world. To fuel its expansion in Asia, Pramet has opened subsidiary in India with head office in Gurgaon and channel partners in all over the country.
QlikTech is the business answers company. Its flagship product, QlikView, enables organizations of all sizes to unlock the value of their data to make better decisions that improve business results. Through QlikView's disruptive, in-memory associative approach, business users have experienced unprecedented success and satisfaction. QlikTech grew by 50% in 2008 and has more than 10,500 customers in 92 countries and over 700 partners worldwide.
Address :
B 64-65, Sushant Lok 1 Opp Vipul Square Gurgaon 122 001 +91 124 4703825 - 26 +91 124 4703827 www.pramet.com Mr Bhuvnesh Varshney Managing Director N/A N/A 8 600 N/A
Address :
26, 2nd Floor, Barclays Finance Building 5th Cross, 5th Block, Koramangala Bangalore 560 034 +91 80 40545521 +91 80 41227941 www.qlikview.com Mr R Raghunathan Regional Manager - South Asia N/A US$ 120 mn 3 500 N/A
154 10
155
ROSEMOUNT TANK GAUGING (I) PVT LTD
ROXTEC (I) PVT LTD
Rosemount Tank Gauging India Pvt Ltd, is a subsidiary of Rosemount Tank Radar AB, Sweden manufacturing Inventory Management System based on Radar Level Measuring System. In India they do Marketing, Sales, Project Engineering, Project Execution & Service support after sales.
Roxtec is the leading global manufacturer of cable and pipe sealing systems. Its unique multidiamater technology allows sealing of cables for a perfect fit. Its cable and pipe sealing solutions give full protection against tough weather conditions and rodents. Its customers are found in telecom, shipbuilding, construction, railway, infrastructure and other industries.
Address :
202 D, Choice Arcade Dhole Patil Road Pune 411 001 +91 20 66023747 +91 20 66024747 www.tankradar.in Mr Deepak Vyawahare Managing Director US$ 1.12 mn US$ 155.75 mn 22 700 99%
Address:
D 65, Udyog Vihar Phase 5 Gurgaon 122 016 +91 124 4006142 +91 124 4006140 www.roxtec.com Mr Carl Gustav Mattson Managing Director US$ 12 mn US$ 120 mn 65 440 N/A
156 10
157
SAAB INTERNATIONAL (I) AB
SANDVIK ASIA LTD
Saab AB is a high Technology company that offers world leading products, systems and services in defence, aviation and civil security. In India, Saab AB has a liaison office - Saab International India AB to support its activities in the country.
Sandvik Asia Limited, an Indian subsidiary of Sandvik, commenced its operations in Pune, India in 1960. Sandvik India is a global base for Manufacturing, Sourcing, Design & Engineering, Research & Development, Training & Competence in the areas of Tooling, Mining and Construction and Materials Technology. It has been marketing all assortment of products in the Indian market & has built manufacturing bases in 5 locations. The employee strength in India is over 1830 with turnover of US$ 276 million in 2008-2009.
Address :
8th Floor Le Meridien Commercial Complex Raisina Road, New Delhi 110 001 +91 11 46102222 +91 11 46102200 www.saabgroup.com Mr Jan Widerstrm Country Head & Vice President N/A N/A N/A N/A 100%
Address:
Mumbai Pune Road Dapodi Pune 411 012 +91 20 27145237 +91 20 27145339 www.sandvik.com Mr Hakan Kingstedt Managing Director & President US$ 276 mn US$ 12 bn 1,830 50,000 97%
158 10
159
SECO TOOLS (I) PVT LTD
SECURITAS INDIA
Seco Tools is the second largest manufacturer of carbide tools for metal cutting in Europe. The group employes 5000 people in 50 countries. We are committed to maximize our customers competitiveness by offering solutions built on highperformance products and services. Seco Tools India, is one of the groups fastest growing companies in Asia, manufactures carbide inserts, milling cutters, turning tools holders and tool holding systems in its state-of-the-art plant in Pune.
Securitas India is a knowledge leader in Security. We have an established network in 180 cities with over 12,000 employees in India, supported by Securitas AB's large global network in over 37 countries with 2,40,000 employees. Everywhere from retail, banking, telecom, real estate, hospitality, IT/ITES to healthcare, our employees are making a difference. The gamut of services offered to our customers include: Specialized Guarding, Transport Security, Executive Protection and Event Security.
Address:
Gat No 582, Pune Nagar Road Koregaon Bhima Tal Shirur, Dist Pune 412 216 +91 2137 667300 +91 2137 667410 www.secotools.com/in Mr Anders Fager Managing Director US$ 18 mn US$ 875 mn 265 5,000 100%
Address :
Annual Turnover in India: Annual Turnover in the World: No of Employees in India: No of Employees in the World: Swedish Share:
461, Phase 5 Udyog Vihar Gurgaon 122 016 +91 124 4718888, 4423888 +91 124 2349444 www.securitas.in Mr Kris Van den Briel President - Securitas South Asia & CEO Securitas India US$ 11.5 mn US$ 7 bn 12,000 240,000 49%
160 10
161
SEMCON (I) PVT LTD
SIGNIFIKANT SOFTWARE SOLUTIONS PVT LTD
Semcon provides engineering services in Automotive, Aerospace and Industry related business, with main focus on design, manufacturing support, testing and simulations. The services are run from Sweden, Germany, the UK, Brazil, India, Spain and Russia. Some of the services we provide globally are complete vehicle development, Design/Styling, Body & Interior, Simulation & testing, Powertrain & Chassis, Electrical & Electronics, Sample & Prototype manufacturing, Aero structure, Composites, Turbo Machinery etc.
Signifikant Software Solutions Pvt Ltd, delivers IT-services within systems development, maintenance and ALM tools support. We work with administrative, web based solutions for customers within the manufacturing and finance industries. For manufacturers, Signifikant Software Solutions Pvt Ltd provides the software solution Assert that supports their after-sales processes.
Address :
RMZ Nxt, Campus 1B, 1st Floor, Unit 102 Sonnenahalli Village, Mahadevapura K R Puram Hobli, Bangalore 560 066 +91 80 67139000, +91 9243798123 +91 80 67139001 www.semcon.com Mr Kishore Kumar Gattu Country Manager US$ 0.45 mn US$ 275 mn 30 3000 100%
Address :
211, Soham Plaza Soham Garden, Manpada Thane (West) 400 607 +91 22 25842091 +91 22 25842092 www.signifikant.se Mr Henry Machado Managing Director US$ 0.79 mn N/A 3 N/A 70%
162 10
163
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL)
SKF (I) LTD
SEB is a Northern European financial group serving some 400,000 corporate customers and institutions and five million private individuals. SEB offers universal banking services in Sweden, Germany and the Baltic countries, Estonia, Latvia and Lithuania. It also has a local presence in the other Nordic countries, Poland, Ukraine and Russia and a global presence through its international network in leading financial centres. SEB Representative Office in New Delhi can facilitate your company's banking services, such as, Trade Finance, Guarantees, Corporate Finance, Export Project Finance and Private Banking Services. Address : Dr Gopaldas Bhawan 11th floor, 28, Barakhamba Road New Delhi 110 001 +91 11 43623095 +46 11 43623097 www.sebgroup.com Mr Mizanur Khan Chief Representative N/A N/A 2 21,000 Liaison office
SKF is a leading global supplier in the areas of bearings, seals, mechatronics, services and lubrication systems. In India, the SKF Group started trading operations in Kolkata in 1923. The company has manufacturing plants in Bangalore and Pune with an additional two coming up at Ahmedabad and Haridwar and an associate company called SKF Technologies (India) Pvt Ltd providing sealing solutions. SKF India has a network of around 300 distributors spread across the country and employs over 2078 people.
Address:
Mahatma Gandhi Memorial Building Netaji Subhash Road Mumbai 400 002 +91 22 66337777 +91 22 22854769 www.skfindia.com Mr Rakesh Makhija Managing Director US$ 377 mn US$ 8.5 bn 2,400 44,799 53.58%
164 10
165
SLA EQUIPMENTS PVT LTD (SWEDISH LIGHT AIR)
SMARTTRUST INFO SOLUTIONS PVT LTD
LightAir is setting a new standard with unique and revolutionary technologies. LightAir aims to manufacture and distribute the world's best choice of Air Management Products and thereby improve manufacturing, handling and storage conditions in many fields of industry as well as improve people's health and comfort by offering the best indoor air quality possible in every environment.
SmartTrust is a developer of MDM and SIM management software designed to provide mobile network operators improved awareness of their subscribers and efficient management of the devices on their network as well as the opportunity to quickly and easily offer targeted revenue generating services and applications. Operators of more than 200 mobile networks worldwide, including Vodafone, Telenor, T-Mobile, AT&T, Brasil Telecom, Claro, Bharti, Mobilkom, Etisalat, and Orascom, rely on SmartTrust's technology.
Address :
E 47/10 Okhla Industrial Area, Phase II New Delhi 110 020 +91 11 40516991- 92 +91 11 41613957 www.slaglobal.com Mr Amit Ranjan Head - Operations (India) N/A N/A 65 1800 49%
Address :
A 16 Sector 16 Noida 201 301 +91 120 4017200 +91 120 4017291 www.smarttrust.com Mr Sharad Arora General Manager, APAC N/A N/A 24 185 100%
166 10
167
SOL PRODUCTION PVT LTD
SONY ERICSSON MOBILE COMMUNICATIONS (I) PVT LTD
SPPL is a company that specializes in Television Production and event Management. SPPL has created quite a niche for itself in the Television production business, and some of our primary clients include, STAR India, Colors, NDTV Imagine and Disney. Some of the shows produced by SPPL include, Koffee with Karan, Rakhi ka Swayamvar, Nach Baliye 1 & 2, Nach le Ve with Saroj Khan and Kya Mast Hai Life.
Sony Ericsson Mobile Communications India is a one of the leading players in the mobile phone business in India. By consistently introducing products on the proposition of "Communications Entertainment", Sony Ericsson has been able to engage the Youth & also become one of the preferred brands for a larger audience across the country.
Address:
B 40, 3rd Floor, Shri Baba Nagar St Peters Road, Off Hill Road Bandra (West), Mumbai 400 050 +91 22 26451352 +91 22 26451354 N/A Ms Fazila Allana & Ms Kamna Menezes Jt Managing Directors US$ 6.1 mn N/A 30 N/A 35%
Address :
9A Building, 10th Floor DLF Cybercity, Sector 25 A Gurgaon 122 002 +91 124 4218838 +91 124 4218855 www.sonyericsson.com/india Mr Anil Sethi President - Region India N/A US$ 11.2 bn 95 N/A 50%
168 10
169
SPM INSTRUMENT (I) PVT LTD
STORA ENSO (I) BRANCH OFFICE
Ours is a joint venture company with SPM Instrument AB-Sweden and we manufacture instruments for Condition Monitoring (Predictive Maintenance).
Stora Enso is a global paper, packaging and forest products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. Stora Enso (India) Branch Office is responsible for the sales of Stora Enso's products in India, Sri Lanka, Bangladesh and Nepal.
Address:
7-1-27/1, Srinivasa Complex Ameerpet Hyderabad 500 016 +91 40 23730215, 23731264 +91 40 23731314 www.spminstrument.com Mr Surender Kumar Mehta Managing Director US$ 2.05 mn N/A 105 N/A 51%
Address :
10th Floor, Block B, Vatika Towers Sector 54, Near DLF Golf Course Road Gurgaon 122 002 +91 124 4795800 +91 124 4795888 www.storaenso.com Mr Matti Naakka General Manager N/A US$ 16 bn 7 29,000 16%
170 10
171
SYNTENSIA NETWORK SECURITY (I) PVT LTD
SYSTEMAIR FANS PVT LTD
Syntensia is a pioneer in Security on-Demand services that protect the SMB networks against security threats while ensuring compliance with regulatory data security and privacy standards. Headquartered in Stockholm, Syntensia is a Managed Security Services provider of Unified Threat Management applications/services to small and medium sized businesses in emerging markets.
Systemair develops, manufactures and delivers ventilation products like duct fans, roof fans, smoke extract fans, Car Park Ventilation, tunnel fans, air curtains diffusers, and ventilation accessories. Systemair Group head office and the largest production plant are located in Skinnskatteberg, Sweden. Systemair have a strong focus on quality and development. At the head office, Systemair have one of Europe's most modern R&D centres as a base for their product development accredited to AMCA.
Address:
1061/1062, B Wing Oberoi Garden Estates Chandivli, Mumbai 400 072 + 91 22 42364444 + 91 22 42364409 www.syntensia.com Mr Miral Nandani Chief Operation Officer N/A N/A 30 N/A N/A
Address :
6, Commercial Complex Mayfair Gardens, Hauz Khas New Delhi 110 016 +91 11 26511883 +91 11 26511883 www.systemair.in Mr Gaurav Vasudev Marketing Director N/A US$ 505 mn 16 1,950 100%
172 10
173
SYSTEMAIR SOFTWARE PVT LTD
TAPFLO PUMPS (I) PVT LTD
The company is a joint venture between Swedish major in ventilation, Systemair AB (www.systemair.com) and Indian engineering services company, Mecharts Researchers Pvt Ltd (www.mechartes.com). The company provides technical services in the area of mechanical engineering using advanced numerical tools like Finite Element Methods (FEM) and Computational Fluid Dynamics (CFD) in the domain of HVAC.
The company was started in March 2005, at Chennai. They market, sell and service and install a complete range of Air Operated Double Diaphragm Pumps and a whole range of centrifugal pumps. Basically they provide all sorts of Industrial Pumps.
Address :
6, Commercial Complex Mayfair Gardens, Hauz Khas New Delhi 110 016 +91 11 26511883 +91 11 26511883 www.systemair.in Mr Shishir Kumar Gupta Managing Director N/A US$ 505 mn 3 1,950 60%
Address :
139 A, S & P Garden 3rd Cross Street, Nolambur Maduravoyal, Chennai 600 095 +91 44 26534479, +91 9444403478 N/A www.tapflo.com Mr Alister Dmonte Managing Director US$ 0.25 mn N/A 4 180 60%
174 10
175
TELECA SOFTWARE SOLUTIONS PVT LTD
TELEOPTI (I) PVT LTD
Teleca is a world-leading supplier of software services to the mobile communications industry. They offer world class operations and execution capability, both on-site and offshore. Using tailored solutions, systems design, integration and testing the company helps drive down development time and costs for leading industry players. Teleca has about 2,000 employees in 10 countries in Asia, Europe and North America.
Teleopti is one of the world's leading providers of solutions for strategic workforce management in contact centres, as well as accounting and cost and quality control of voice and IP enterprise networks. Teleopti is known for developing products with superior technology, based on customer needs, which are easy to implement and use. Teleopti have more than 600+ customers spread in 30 countries worldwide.
Address :
Block B, Salapuria Soft Zone Outer Ring Road, Bellandur Varthur Hobli Bangalore 560 087 +91 80 30252000 +91 80 30253000 www.teleca.com Mr Santosh V Xavier VP & Head of Delivery - India N/A US$ 157 mn 110 1900 100%
Address :
17 & 18 Agusta Point DLF Golf Course Road Sector 53, Gurgaon 122 002 +91 124 4631700 +91 124 4631701 www.teleopti.com Mr Sanjay Puri Sales Director - Asia N/A US$ 30 mn 8 120 100%
176 10
177
TETRA PAK (I) PVT LTD
TRELLEBORG AUTOMOTIVE (I) PVT LTD
Tetra Pak is committed to making food safe and available, everywhere. Tetra Pak works for and with its customers to provide preferred processing and packaging solutions for food. Tetra Pak is committed to innovation, understanding of consumer needs and relationships with suppliers to deliver their solutions, wherever and whenever food is consumed. Key customers in India Include PepsiCo, Coca Cola, Dabur Foods, Gujarat Co-operative Milk Marketing Federation Limited, Karnataka Milk Federation, Godrej Hershey Limited, Nestle India, Parle Agro and United Spirits.
Trelleborg is a global engineering group whose leading positions are based on advanced polymer technology and in depth applications know how. They develop high performance solutions that seal, damp and protect the environments. In India they operate from two manufacturing plants located in Noida and Bangalore and a marketing office in Ahmedabad.
Address :
Global Business Park, Tower C 5th Floor, Mehrauli Gurgoan Road Gurgaon 122 002 +91 124 4124600 +91 124 4064308 www.tetrapak.com Mr Peter Hane-Weijman Managing Director - South Asia Market US$ 141.95 mn N/A 350 20,000 100%
Address :
B 190, Phase II Gautam Budh Nagar Noida 201 305 +91 120 2563124 - 29 +91 120 2567675 www.trelleborg.com Mr Dinesh Pawar General Manager US$ 10.95 mn US$ 4,165 mn 324 24,000 100%
178 10
179
TRELLEBORG ENGINEERED SYSTEMS (I) PVT LTD
TRELLEBORG SEALING SOLUTIONS (I) PVT LTD
Trelleborg Engineered Systems India Pvt Ltd is in Business of Marine Fendering System. They are at present working as Traders in India, and are into Marketing & Execution of the Order in India.
Trelleborg Sealing Solutions (India) Pvt Ltd, a part of Trelleborg Sealing Solutions of Sweden, is one of the largest suppliers of hydraulic and pneumatic sealing systems to the Indian market. The manufacturing and marketing operations are based in Bangalore, but the company has a presence in other major industrial hubs through resident engineers. Trelleborg Sealing Solutions has a strong presence in the aerospace, earthmoving, agriculture and other high-end technology markets.
Address :
909, Akik Opp Rajpath Club, SG Highway Ahmedabad 380 054 +91 79 40013333 +91 79 40013330 www.trelleborg.com Mr Amit Madan Country Sales Manager US$ 2.31 mn N/A 15 N/A N/A
Address :
No 27, 32nd Cross 7th Block, Jayanagar Bangalore 560 070 +91 80 22455157, 25188700 +91 80 22455153 www.tss.trelleborg.com/in Mr Bony Paul Director US$ 15 mn US$ 880 mn 130 5,500 100%
180 10
181
VISIONICS (I) PVT LTD
VOLVO BUSES (I) PVT LTD
Visionics India is a Joint venture between Norlinvest of Sweden and AlphaImager Pvt Ltd India, for development of Electronics Design Automation software, EDWin. They support customers worldwide on technology and implementation. Their team of professionals are guided by R&D team from Sweden.
Volvo Buses in India today is a complete solutions provider including complete vehicles, bus bodies, chassis, advisory on transport services for city & inter-city bus solutions. Having built a strong brand in India and the inter-city AC luxury coach segment, the company is now the benchmark in modern urban city transport solutions too, with a presence that is expanding across key cities of India.
Address :
A 2, Periyar Technopark Trivandrum 695 581 +91 471 2700673 +91 471 2700270 www.visionics.a.se Mr M Thiyagarajan Managing Director US$ 0.1 mn US$ 1.0 mn 15 20 80%
Address :
Yalachahally Tavarekere Post, Hosakote Bangalore 562 122 +91 80 67121200 +91 80 67121222 www.volvobuses.co.in Mr Akash Passey Managing Director US$ 100 mn US$ 46 bn 830 100,000 70%
182 10
183
VOLVO CAR INDIA
VOLVO (I) PVT LTD
Volvo Car India (VCI) started its operations in 2007 with the launch of its flagship Luxury sedan Volvo S80 and the Luxury SUV Volvo XC90. Known for its Safety; Environment; Scandinavian design Volvo Cars are currently retailed our of 5 cities - Delhi, Mumbai, Chandigarh, Hyderabad & Kochi .VCI plans to expand its distribution footprint to 12 cities by 2009. VCI is also planning to launch new and exciting products for the customers in India to experience Scandinavian luxury
Volvo Group is a leading supplier of commercial transport solutions providing products like trucks, buses, construction equipment and drive systems for marine & industrial applications as well as aircraft engine components. Volvo India Private Limited, a wholly owned subsidiary of AB Volvo represents the group's following businesses - Volvo Construction Equipment, Volvo Penta & Volvo Aero. It also manufactures Volvo Trucks and is the sourcing hub for engineering & IT services, road machinery & components. Volvo is creating value & driving change in the transport industry, inline with its core values of Safety, Quality & Care for environment. Address : Yalachahally Tavarekere Post, Hosakote Bangalore 562 122 +91 80 66914000 +91 80 66914322 www.volvo.com Mr Mrityunjaya Singh Managing Director US$ 400 mn US$ 46 bn 900 101,380 100%
Address :
Ground Floor, Tower A Unitech Cyberpark Greenwood City Sector 39, Gurgaon 122 001 +91 124 6743100 +91 124 6743185 www.volvocars.in Mr Paul de Voijs Managing Director N/A N/A 15 24,384 N/A
184 10
185
WALTER TOOLS (I) PVT LTD
CLUSTERS OF SWEDISH COMPANIES IN INDIA
Walter Tools India Pvt Ltd offers total machining solutions to the metal cutting industry throughout India using its own team of sales engineers and product specialists. It enjoys the support of a wide distributor network. The strength of Walter Tools India rests on maximising customer productivity with a combination of cemented carbide and high-speed steel tools of Walter,Walter-Titex and Walter-Prototyp product program.
Address :
Mumbai Pune Road Dapodi Pune 411 012 +91 20 27145028, 27104591 +91 20 27148775 www.walter-tools.com Mr Vivel Bhonsle Managing Director US$ 12 mn US$ 825 mn 55 2800 N/A
Map showing the geographic spread & concentration of Swedish companies in India.
186 10
187
BUSINESS DIRECTORY
SWEDEN
Solar Energy Panels: Monocrystalline photovoltaic electric solar panels, the popular choice for many years are among the oldest, most efficient, and most dependable of technologies for converting solar power into energy. Copyright: Switchpower.eu
189
BHARAT FORGE KILSTA AB
CEWE INSTRUMENT AB
Bharat Forge Ltd (BFL), is the flagship company of the USD 2.4 billion Kalyani Group, which has significant presence in the key sectors of the Indian economy. With 10 manufacturing locations across six countries, BFL is a leading global "Full Service Supplier" of forged and machined - engine & chassis components. Bharat Forge Kilsta, Sweden along with its wholly owned subsidiary Bharat Forge Scottish Stampings, Scotland is a 100 % subsidiary of Bharat Forge Limited. Bharat Forge Kilsta Group, is one of the worlds leading forging groups, largest manufacturer of front axle beams and the second largest manufacturer of heavy crankshafts in Europe. Address: PO Box 428 SE 691 27 Karlskoga +46 586 63200 +46 586 63209 www.bharatforge.com Mr Kevin Boylan Managing Director US$ 133 mn N/A 272 N/A 100%
CEWE Instrument AB offers complete solutions for energy measurement, collection, processing, communication and presentation, for use in homes, industry and power generation and transmission. CEWE manufacture advanced software based electronic products for measurement and service our worldwide market through a well developed sales and service net.
Address:
PO Box 1006 SE 611 29 Nykping +46 15 577500 +46 15 577597 www.ceweinstrument.com Mr Bo Malmkvist Managing Director US$ 3 mn US$ 10 mn 60 N/A 100%
Tel: Fax: Web: Head: Annual Turnover in Sweden: Annual Turnover in the World: No of Employees in Sweden: No of Employees in the World: Indian Share:
190 10
BUSINESS DIRECTORY SWEDEN
191
COGNIZANT TECHNOLOGY SOLUTIONS
EVALUESERVE NORDIC AB
Cognizant is a leading provider of information technology, consulting and business process outsourcing services. Cognizants single-minded passion is to dedicate its global technology and innovation know-how, industry expertise and worldwide resources to working together with clients to make their businesses stronger.
Evalueserve provides knowledge services to a global client base of Fortune 5,000 companies including Financial and Investment Research, Business Research, Market Research, Intellectual Property, Circle of Experts, Data Analytics and Knowledge Technology Services. Evalueserve currently has 2,300 professionals in its research centres in India (Delhi-Gurgaon), China (Shanghai), Chile (Santiago-Valparaiso) and Romania (Cluj-Napoca).
Address:
Stureplan 4C SE 114 35 Stockholm +46 8 4631002 +46 8 4631010 www.cognizant.com Mr Jayajyoti Sengupta Country Manager N/A US$ 2.81 bn 40 63,700 N/A
Address:
Skeppholmsvgen 12 SE 193 40 Sigtuna +46 70 7732350 +46 8 59252340 www.evalueserve.com Mr Prajeet Patel Managing Director N/A N/A 2 2,300 N/A
192 10
193
HCL SWEDEN AB
HEXAWARE TECHNOLOGIES LTD
HCL is a $5 billion leading Global Technology and IT Enterprise that comprises two companies listed in India - HCL Technologies & HCL Infosystems. The Enterprise was founded in 1976. Its range of offerings spans Product Engineering, Custom & Package Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products. The HCL team comprises over 60,000 professionals of diverse nationalities, who cover more than 60 countries and over 360 points of presence in India.
Hexaware is a global provider of IT and Process outsourcing services. Over 60 of its clients are fortune 500 companies. Hexaware focuses on Banking, Financial Services, Insurance, Manufacturing, Healthcare and Transportation. It has extensive experience in managing large IT applications in real time and has achieved leadership position in providing services around Legacy Applications, Business Intelligence, Enterprise Applications such as SAP Oracle and PeopleSoft and Independent Testing. , Hexaware has been providing services to customers in Scandinavian region for last 5 years. Address: Stureplan 4C 4th Floor SE 114 35 Stockholm +46 8 4631180 +46 8 4631010 www.hexaware.com Mr Anil Ughra Regional Head Scandinavia N/A US$ 263 mn N/A 5,400 N/A
Address:
Sveavgen 21, 4th floor SE 111 34 Stockholm +46 8 50308400 +46 8 50308401 www.hcl.in, www.hcltech.com Mrs Liselotte Hgertz Engstam Vice President - Head Nordic Region N/A US$ 5 bn 90 60,000 N/A
194 10
195
HRH INTERNATIONAL AB
INFOSYS TECHNOLOGIES LTD
HRH International AB is a Swedish company with headquarters in Stockholm, Sweden. The parent company Harsh International is situated in New Delhi, India. It is the first company that offers filter tobacco to the Indian market. Chaini Khaini is a Snus made of tobacco from India and is mixed with Indian spices, like cinnamon and cardamom. Chaini Khaini has a market share of 90 percent. HRH has been exporting to South East Asia, Canada & USA. HRH International AB has collective experience of 100 years with the tobacco industry.
Infosys partners with Global 2000 companies to provide Business and Technology consulting, Systems Integration, Application Development and Maintenance, Package Implementations and Deployment, Infrastructure Management, BPO, Testing and validation services and Product engineering services. Clients leverage Infosys' Global Delivery Model to achieve higher quality, rapid time-to-market and cost effective solutions.
Address:
15118 Isafjordsgatan 22, 5tr SE 164 40 Kista +46 8 50003748 +46 8 7506004 www.hrhab.se Mr N Balasubramanian Country Manager N/A N/A N/A N/A 100%
Address:
4C, 4tr, Stureplan SE 114 35 Stockholm +46 730819925 +46 8 4631114 www.infosys.com Mr Prabhakar Grandhi Nordic Sales Manager N/A US$ 4.7 bn N/A 103,000 N/A
196 10
197
KEMWELL AB
LARSEN & TOUBRO INFOTECH LTD
Kemwell AB offers contract manufacturing and related services such as quality control, stability studies and product release testing. Kemwell manufactures tablets, suppositories and capsules. Kemwell packages the products in bottles and blisters. Kemwell AB exports pharmaceuticals to over 80 countries including Europe, USA, and Japan.
Larsen & Toubro Infotech Ltd (L&T Infotech), one of the fastest growing IT Services companies, is ranked 11th by NASSCOM among the top software & services exporters from India in 2009. Ranked No 38 among 2009 'Leaders' in the prestigious Global 100 list released by International Association of Outsourcing Professionals (IAOP), and a wholly-owned subsidiary of $ 8.5 billion Larsen & Toubro Limited, India's largest technologydriven engineering organization, L&T Infotech is differentiated by its unique Business-to-IT Connect, which is a result of its rich corporate heritage.
Address:
Bjrkgatan 30 SE 751 82 Uppsala +46 18 164000 +46 18 164045 www.kemwellpharma.com Ms Agneta Bergvall CEO US$ 45 mn N/A 173 N/A 85%
Address:
Kista Science Tower Frgatan 33 SE 164 21 Kista +46 8 58837008 +46 8 58837007 www.lntinfotech.com Mr Sarbajit Deb Area Vice President - Nordic Region N/A US$ 470 mn 59 10,000 100%
198 10
199
MINDTREE CONSULTING LTD
NAGARRO SOFTWARE AB
MindTree Consulting offers IT services in application development and maintenance, BI solutions, ERP and SCM, Mainframe and iSeries, and infrastructure management. MindTree also provides R&D services in product and board design, operating systems, protocol engineering, embedded applications, product testing and IP licensing.
Nagarro is an offshore software development company which specialized in customized software application development.
Address:
Biblioteksgatan 4B SE 435 30 Mlnlycke +46 31 3384999 +46 31 3384999 www.mindtree.com Mr Anjan Lahiri Managing Director US$ 8.6 mn US$ 130.7 mn 35 4,300 Branch Office
Address:
Isafjardsgatan 39B SE 164 94 Kista +46 8 7513546 +46 8 7529900 www.nagarro.com Mr Manas Fuloria EVP Corporate Development N/A US$ 1.58 mn 1 500 0%
200 10
201
NORTHLIGHT AB (part of NeST Group)
POWERCON (KRAFTELEKTRONIK AB)
SFO Technologies, a NeST Group company is a high technology enterprise based in India with global operations in electronic design, manufacturing and Software development. SFO Technologies has a turnover of US$ 200 million and employs over 2500 people worldwide. Northlight AB is a division of SFO Technologies based in Sweden engaged in design and manufacture of active fiber optic products such as optical transmitters, receivers and fibre amplifiers.
Powercon (Kraftelektronik AB) is a Swedish-based company designing, manufacturing, selling and servicing high-quality industrial power supplies for a variety of applications (high-current, high-voltage and DC-Systems). Its business is international with representation globally. The company additionally operates an assembly plant in Shanghai, China.
Address:
Vstberga All 60 SE 126 75 Stockholm +46 8 58020800 +46 8 58020801 www.northlight.se Dr David Darby General Manager US$ 5 mn US$ 5 mn 10 15 100%
Address:
PO Box 2102 SE 445 02 Surte +46 979700 +46 979797 www.kraftelektronik.se Mr Ranjt Jakkli Managing Director N/A N/A 65 100 N/A
202 10
203
ROCKWELL COLLINS SWEDEN AB
SRS GLOBALSOFT
Rockwell Collins Sweden AB, formerly SWE-DISH Satellite Systems AB, is headquartered in Stockholm, Sweden, and is a leading developer of mobile satellite communications systems and related services for broadband applications. Rockwell Collins supports major broadcasters, armed forces and disaster relief organizations with compact, quick-to-air and cost effective satellite terminals for live transmission of video, data, Internet and voice content from anywhere in the world.
SRS Globalsoft is an international consulting company engaged in software and IT project management. SRS does equity investment in technology companies in life Sciences domain. SRS also does customer engagements for its clients in IT & embedded software development with an industry focus on telecommunication, automotive, life sciences, virtual reality, real time simulation & Gaming. SRS is focused on European markets particularly in Scandinavian & Baltic regions. SRS also extends advice to Swedish and Indian ICT companies who wish to form partnerships, collaborations & joint ventures. Address: Teknikringen 8 SE 583 30 Linkping +46 70 9829035, +91 9811061885 N/A www.srsglobalsoft.com Mr Aditya Prakash President US$ 0.45 mn N/A 1 N/A 100%
Address:
Box 6075, Torggatan 15 SE 171 06 Solna +46 8 7285000 +46 8 7285050 www.swe-dish.com Mr Robert Gutzmann Managing Director N/A N/A 54 20,000 N/A
204 10
205
TOOLTECH SWEDEN
WIPRO TECHNOLOGIES
Tooltech is a leading global engineering services provider in the Nordic region, offering concurrent engineering solutions for automotive, aerospace, heavy engineering & marine industries. It has presence in seven countries across Europe with marquee clients such as BMW, Atlas Copco, Aker Yards, SAAB Automobile, AB Volvo, Volvo Cars, Electrolux and Alfa Laval amongst others. Tooltech's commitment to promoting business is this region won it the "Best Foreign Owned Company of Gotebrg Region" award in December 2007.
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization globally. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance services to corporations globally. Address: Svetsarvgen 15, 2tr SE 171 41 Solna +46 70 2425283 N/A www.wipro.com Mr Anil Agarwal Regional Manager - Nordics N/A US$ 3.5 bn N/A 68,000 N/A
Address:
Pjejadgatan 3 SE 417 57 Gteborg +46 706 941356 +91 02 30511201 www.tooltech.net Mr Abhay Jahirabadkar Managing Director - Sweden US$ 6 mn US$ 20 mn 11 250 100%
206 10
207
USEFUL INFORMATION
Media information
SWEDEN & INDIA
Innovative Recycling: Fight back the growing piles of scrapped material by recycling more and more of the constituent material. Copyright: STENA
209
MEDIA INFORMATION SWEDEN
MEDIA INFORMATION SWEDEN
The Press
Dagens Nyheter Svenska Dagbladet Gteborgsposten Sydsvenska Dagbladet Aftonbladet Expressen Dagens Industri Veckans Affrer Affrsvrlden www.dn.se www.svd.se www.gp.se www.sydsvenskan.se www.aftonbladet.se www.expressen.se www.di.se www.va.se www.affarsvarlden.se
Radio
Sveriges Radio (public, operates P1, P2, P3, P4, P5, P6) Radio Sweden International www.sr.se
www.sr.se
News Agencies
Tidningarnas Telegrambyr Nyhetsbyrn Direkt www.tt.se www.direkt.se
Television
Sveriges Television (public, operates SVT1, SVT2, SVT24 and regional channels) TV 3 (private) TV 4 (private) TV 5 (private) www.svt.se
www.tv3.se www.tv4.se www.kanal5.se
210 10
USEFUL INFORMATION
USEFUL INFORMATION
211
MEDIA INFORMATION INDIA
MEDIA INFORMATION INDIA
The Press in English

The Times of India The Hindustan Times The Hindu The Indian Express The Telegraph The Economic Times The Hindu Business Line Business Standard The Financial Express India Today Outlook Frontline www.timesofindia.com www.hindustantimes.com www.thehindu.com www.indianexpress.com www.telegraphindia.com www.economictimes.com www.thehindubusinessline.com www.business-standard.com www.financialexpress.com www.india-today.com www.outlookindia.com www.frontlineonnet.com
Television
New Delhi TV/NDTV CNN-IBN Times Now Headlines Today Doordarshan Zee TV STAR TV Sony Entertainment TV www.ndtv.com www.ibnlive.com www.timesnow.tv www.aajtak.com www.ddindia.com www.zeetelevision.com starnews.indya.com www.setindia.com
Radio
All India Radio www.allindiaradio.org 69 Private FM Radio Stations including Radio Mirchi www.enil.co.in Radio City Red FM www.radiocity.in www.fm.ie
News Agencies
Press Trust of India United News of India Asian News International
212 10
www.ptinews.com www.uniindia.com www.aniin.com

213
USEFUL INFORMATION
USEFUL INFORMATION
SPONSORS
Exhaust Air Heat Pump: Recycles heat from exhaust air and produces a healthy indoor climate. Copyright: IVT Vrmepumpar
215
A knowledge leader in security
Securitas is a knowledge leader in Security. We have an established network in 180 cities with over 12,000 employees in India. Securitas AB's large global network in over 37 countries is supported by 2,40,000 employees.
delivery standards and bringing service differentiation to its clients. Everywhere from retail, banking, telecom, real estate, hospitality, IT/ITES to healthcare, our employees are making a difference.
By focusing on providing security solutions to fit each customers needs , SecuritasIndia is redefining the
The gamut of services offered to our customers includes: Specialized Guarding, Transport Security, Executive Protection and Event Security.
Securitas India 461, Udyog Vihar, Phase V, Gurgaon - 122016, Haryana, India Tel: +91 124 4718888, Fax: +91 124 234944 Control Centre: +91 124 4423888, E-mail: [email protected]
www.securitas.in
Lckeby Water Group Division Purac

Lckeby Water Group, formed in Kalmar, Sweden, in 1936, is an independent, privately-owned Swedish group, specialised in design, supply and construction of systems for water and wastewater treatment as well as systems for renewable energy specifically biogas and biogas upgrading. Using innovative in-house leading edge technologies, service is provided to the municipal as well as the industrial sector. The group is established worldwide, and with a turnover of around USD 65 million, Lckeby Water Group is one of the leading companies in its field. To provide professional service to a wide range of clients, Lckeby Water Group is divided into three specialised divisions, PURAC , Lckeby Products and Lckeby Service. PURAC, established worldwide since mid 70-ties, focus on process design and construction of water, waste water treatment, and biogas systems for the municipal as well as industrial sector and acts as the international contracting arm of the Lckeby Water Group. The broad in-house know-how and experience, together with innovative inhouse leading edge technologies such as DAF, DAF Rapide , Flofilter , GEWE Lamella System, DeAmmon , MBBR, Anamet , LP-Cooab and PSA, ensure environmentally viable solutions, providing a long-term sustainable growth.
Lckeby Water AB Division Purac Box 1146 22105 Lund Sweden Tel: + 46 46 191900 Fax: +46 46 191919 Email: [email protected]
Biogas Plant, Haparanda Sweden
Bekkelaget SWTP, Oslo Norway
Gao Bei Dian SWTP, Beijing China
INDEX
DAF Plant, Sandakan, East Malaysia
221
A
A3TL, 74 ABB Ltd, 75 Absolut Vodka - Famous Swedish Brands, 66 Ahlens Far East Ltd, 76 Akzo Nobel - Famous Swedish Brands, 66 Alfa Laval (I) Ltd, 77 Alimak Hek (I) Pvt Ltd, 78 Andante India Consultants Pvt Ltd, 79 Appendit AB, 80 ArjoHuntleigh Healthcare (I) Pvt Ltd, 81 Assa Abloy (I) Pvt Ltd, 82 Assab Sripad Steels Ltd, 83 AstraZeneca Pharma (I) Ltd, 84 Atlas Copco (I) Ltd, 85 Autoliv (I) Pvt Ltd, 86 Axis Video Systems (I) Pvt Ltd, 87
Business Visa to Sweden, 44
C
Camfil Farr Air Filtration (I) Ltd, 96 Cargotec (I) Pvt Ltd, 97 Car-O-Liner - Famous Swedish Brands, 66 Castmaster Mobitec(I) Pvt Ltd, 98 Castmaster Thoreb Telemetics Pvt Ltd, 99 Cavotec (I) Ltd, 100 Cewe Instrument AB, 191 Civil ID System (I) Pvt Ltd, 101 Cognizant Technology Solutions, 192 Commercial Services Trade, Total - India, 17 Commercial Services Trade, Total - Sweden, 16 Confederation of Indian Industry, 51 Confederation of Swedish Enterprise, 52 Consilium Marine (I) Pvt Ltd, 102 Consulates - Swedish, 50 Corporate Tax Rate - India, 25 Corporate Tax Rate - Sweden, 24 Country Facts - India, 9 Country Facts - Sweden, 8 Customs Duty, Average - India, 19 Customs Duty, Average - Sweden, 18 Cybercom Datamatics Information Solutions, 103
B
BAE Systems SWS Defence AB, 88 Barracuda Camouflage Pvt Ltd, 89 Berger Becker Coatings Pvt Ltd, 90 Bharat Forge Kilsta AB, 190 Birla Ericsson Optical Ltd, 91 Bluefish Pharmaceuticals (I) Pvt Ltd, 92 Bombayworks Software Solutions Pvt Ltd, 93 BrandSystems (I) Pvt Ltd, 94 Bufab India Fasteners Pvt Ltd, 95 Business Directory - India, 73 Business Directory - Sweden, 189 Business Visa Statistics - India to Sweden, 27 Business Visa Statistics - Sweden to India, 26 Business Visa to India, 45
D
Delaval Pvt Ltd, 104 Dellner Couplers (I) Pvt Ltd, 105 Diab Core Materials Pvt Ltd, 106 Digital Vision - Famous Swedish Brands, 67
E
Economy, Main Sectors - India, 11
Economy, Main Sectors - Sweden, 10 Ef Educational Tours Pvt Ltd, 107 Ekman Pulp and Paper Pvt Ltd, 108 EKN (The Swedish Export Credits Guarantee Board), 53 Elcome Technologies Pvt Ltd, 109 Electrolux Professional - Famous Swedish Brands, 67 Elekta Medical Systems (I) Pvt Ltd, 110 Eletta Flow (I) Pvt Ltd, 111 Elof Hansson (I) Pvt Ltd, 112 Embassy of India, 49 Embassy of Sweden, 48 Employment Costs - India, 25 Employment Costs - Sweden, 24 Envac Environmental Technology Pvt Ltd, 113 Ericsson (I) Pvt Ltd, 114 Evalueserve Nordic AB, 193 Expanding Exports Helpdesk, 54 Exports - India to Sweden, 19 Exports - Sweden to India, 18
GDP Components of - Sweden, 12 , Geodis Overseas Pvt Ltd, 118 Getinge (I) Pvt Ltd, 119 Gislen Software Pvt Ltd, 120 Global Competitiveness Index Ranking - India, 25 Global Competitiveness Index Ranking - Sweden, 24 Gunnebo (I) Ltd, 121
H
Hasselblad - Famous Swedish Brands, 68 H&M Hennes & Mauritz (I) Pvt Ltd, 122 Hgglunds Drives (I) Pvt Ltd, 123 Haldex (I) Ltd, 124 Handelsbanken, 125 HCL Sweden AB, 194 Hexaware Technologies Ltd, 195 Hgans (I) Ltd, 126 HRH International AB, 196
I
IFS Solutions (I) Pvt Ltd, 127 Ikea Trading (HK) Ltd (I) Liaison Office, 128 Indiska India Export Services Pvt Ltd, 129 Indpro Pvt Ltd, 130 Inflation - India, 11 Inflation - Sweden, 10 Infosys Technologies Ltd, 197 Internet Users - India, 27 Internet Users - Sweden, 26 Invest in Sweden Agency, 56 Investment - EU in India, 21 Investment - Swedish in India, 20 ISS Integrated Facility Services Pvt Ltd, 131 ITT Corporation (I) Pvt Ltd, 132
F
FDI, Incoming and Outgoing - India, 21 FDI, Incoming and Outgoing - Sweden, 20 Federation of Indian Chambers of Commerce and Industry, 55 Flexlink System (I) Pvt Ltd, 115 FLIR Systems - Famous Swedish Brands, 67
G
GAC Shipping (I) Pvt Ltd, 116 Gambro (I) Pvt Ltd, 117 GCE - Famous Swedish Brands, 68 GDP Composition by Sector - India, 11 GDP Composition by Sector - Sweden, 10 GDP Components of - India, 13 ,
K
Khrs Impex Pvt Ltd, 133 Kappahl Far East Ltd, 134 Kemwell AB, 198 KMT Production Machinery (I) Pvt Ltd, 135 Koenigsegg Automotive AB - Famous Swedish Brands, 68 Korlof Norberg & Partners, 136 Kosta Boda - Famous Swedish Brands, 69
Northlight AB (part of NeST Group), 202 Nynas AB (I) Liaison Office, 146
O
Open Trade Gate Sweden, 57 Oriflame (I) Pvt Ltd, 147 Orrefors - Famous Swedish Brands, 69 Ostberg (I) Pvt Ltd, 148
L
Lindex (I) Pvt Ltd, 137 Liv Medica Product Pvt Ltd, 138 Larsen & Toubro Infotech Ltd, 199
P
Panorama IBE, 149 Pergo (I) Pvt Ltd, 150 Perstorp Specialty Chemicals Pvt Ltd, 151 PKL Ltd, 152 Portwise Apac Pte Ltd, 153 Powercon (Kraftelektronik AB), 203 Pramet Tools (I) Pvt Ltd, 154 Press - India, 212 Press - Sweden, 210 Principal Exports - India, 13 Principal Exports - Sweden, 12 Principal Imports - India, 13 Principal Imports - Sweden, 12 Procedures and Rules for Starting Business in India, 37 Procedures and Rules for Starting Business in Sweden, 34 Purac/Lckeby Water AB - Famous Swedish Brands, 69
M
Maquet Medical (I) Pvt Ltd, 139 Map of Clusters of Swedish Companies in India, 187 Map of Sweden and its Surrounding Markets, 46 Merchandise Trade, Total - India, 15 Merchandise Trade, Total - Sweden, 14 Mercuri Urval Recruitment & Selection (I) Pvt Ltd, 140 Mindtree Consulting Ltd, 200 Mobile Telephone Subscribers - India, 27 Mobile Telephone Subscribers - Sweden, 26 Munters India Humidity Control Pvt Ltd, 141
N
Naturellement, 142 Nagarro Software AB, 201 Nederman (I) Pvt Ltd, 143 Nefab (I) Pvt Ltd, 144 News Agencies - India, 213 News Agencies - Sweden, 211 Nobel Biocare (I) Pvt Ltd, 145
Q
Qliktech International AB (I) Liaison Office, 155
R
R&D Expenditure - India, 25 R&D Expenditure - Sweden, 24 Radio - India, 213 Radio - Sweden, 211
Rockwell Collins - Famous Swedish Brands, 69 Rockwell Collins Sweden AB, 204 Rosemount Tank Gauging (I) Pvt Ltd, 156 Roxtec (I) Pvt Ltd, 157
Systemair Software Pvt Ltd, 174
T
Tapflo Pumps (I) Pvt Ltd, 175 Teleca Software Solutions Pvt Ltd, 176 Teleopti (I) Pvt Ltd, 177 Tetra Pak (I) Pvt Ltd, 178 Tooltech Sweden , 206 Trading Partners, Main - India, 15 Trading Partners, Main - Sweden, 14 Trelleborg Automotive (I) Pvt Ltd, 179 Trelleborg Engineered Systems (I) Pvt Ltd, 180 Trelleborg Sealing Solutions (I) Pvt Ltd, 181 TV - India, 213 TV - Sweden, 210
S
Saab International (I) AB, 158 Scandinavian Airlines International - Famous Swedish Brands, 70 Scania - Famous Swedish Brands, 70 Sandvik Asia Ltd, 159 Seco Tools (I) Pvt Ltd, 160 Securitas India, 161 Semcon (I) Pvt Ltd, 162 Signifikant Software Solutions Pvt Ltd, 163 Skandinaviska Enskilda Banken AB (PUBL), 164 SKF (I) Ltd, 165 SLA Equipments Pvt Ltd (Swedish Light Air), 166 SmartTrust InfoSolutions Pvt Ltd, 167 Sol Production Pvt Ltd, 168 Sony Ericsson Mobile Communications (I) Pvt Ltd, 169 SPM Instrument (I) Pvt Ltd, 170 Sponsors, 215 SRS Globalsoft, 205 Stock Market - India, 25 Stock Market - Sweden, 24 StoraEnso (I) Branch Office, 171 Sweden India Business Council, 58 Swedfund International AB, 59 Swedish Trade Federation - Svensk Handel, 60 Swedish Trade Council, 61 Swedish Chamber of Commerce India, 62 Syntensia Network Security (I) Pvt Ltd, 172 Systemair Fans Pvt Ltd, 173
U
University Students - India, 27 University Students - Sweden, 26 Useful Information, 209
V
Vattenfall Power Consultant AB - Famous Swedish Brands, 70 Visionics (I) Pvt Ltd, 182 Volvo Buses (I) Pvt Ltd, 183 Volvo Car India,184 Volvo (I) Pvt Ltd, 185
W
Wipro Technologies, 207 Walter Tools (I) Pvt Ltd, 186
Energy Efficiency: Electricity generation with an eye on energy efficiency creates a cleaner environment, a stronger economy, and a more secure future. Id: 86974 Photographer: Yvonne Isaksson Copyright: Yvonne Isaksson
Tidal Power: A form of hydropower that converts the energy of tides into electricity or other useful forms of power. Tides are more predictable than wind energy and solar power, hence it is a reliable electricity generator. Id: 47122 Photographer: Kjell Holmner Copyright: Kjell Holmner/Gteborg & Co
Cover: Bio Fuel Chips, Id: 30212, Photographer: Thomas Tolstrup, Copyright: E.ON, Source: www.imagebank.sweden.se Other images: Ericsson Tower Tube, p4, Source: www.imagebank.sweden.se Sustainability, p23, Source: www.imagebank.sweden.se Electrochromism, p43, Source: ChromoGenics AB Recycling, p63, Source: www.imagebank.sweden.se Wind Power, p64, Source: www.imagebank.sweden.se Waste Mangement, p71, Source: www.envac.net Solar Collectors, p72, Source: ClimateWell Solar Cooling Solar Energy Panels, p188, Source: www.switchpower.eu Innovative Recycling, p208, Source: http://v2.brandstudio.net Exhaust Air Heat Pump, p214, Source: IVT Vrmepumpar Energy Efficiency, p230, Source: www.imagebank.sweden.se Tidal Power, p231, Source: www.imagebank.sweden.se This guide is printed on FSC certified environment friendly paper:
Designed by: EnablingBiz.com

Sweden - India Business Guide

Uploaded by

Copyright:

Available Formats

Sweden - India Business Guide

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Sweden - India Business Guide

Uploaded by

Copyright:

Available Formats

The Sweden-India Business Guide 2009-2010: An in-depth and accurate resource bank of businesses between the two countries,

SWEDEN - INDIA BUSINESS GUIDE 2009-2010

SWEDEN - INDIA BUSINESS GUIDE

SWEDEN - INDIA BUSINESS GUIDE 2009 - 2010

5 7 8-13 14-22 24-27 28-33 34-45 47 65 73 189 209 215 221

Lars-Olof Lindgren Ambassador

Fredrik Fexe Trade Commissioner

Jan Widerstrm Chairman

Facts on economy, trade & investments in

SWEDEN & INDIA

Area: Population: Capital:

3,287,263 sq km 1,148 mn New Delhi

Rate of GDP growth (%)

Rate of GDP growth (%)

4.5 3.5 3.3

2.4 2.0 1.2 -0.2

5.0 4.0 3.0 2.0 -

SWEDEN ECONOMY STATISTICS

ECONOMY STATISTICS INDIA

GDP composition by sector (% of total)

Agriculture: Industry: Services:

2.0 28.0 70.0

Agriculture: Industry: Services:

18.3 28.3 52.4

12.5 11.5 10.5 9.5 -

5.5 4.5 3.5 019 98 20 02 19 99 20 05 20 00 20 01 20 03 20 04

SWEDEN ECONOMY STATISTICS

ECONOMY STATISTICS INDIA

55.8 10.3 32.5 22.1 -25.1

Principal exports (US$ bn) 1

26.2 16.1 15.6 18.6 11.2 126.3

Source: 1. The Economist, World in Figures 2009 Edition

Source: 1. The Economist, World in Figures 2009 Edition

SWEDEN TRADE STATISTICS

TRADE STATISTICS INDIA

IMPORT 56.6 (0.8%) 70.7 (0.9%) 97.3 (1.0%)

Total merchandise trade in US$ bn 1 and share of world merchandise trade

Total merchandise trade in US$ bn 1 and share of world merchandise trade

Total Merchandise Trade (US$ bn)

Total Merchandise Trade (US$ bn)

Sources: 1. WTO (2008) 2. Statistics Sweden, 2008

Sources: 1. WTO (2008) 2. Ministry of Commerce & Industry, FY 2007/08

SWEDEN TRADE STATISTICS

TRADE STATISTICS INDIA

2003 2004 2005 2006 2007 2008

2003 2004 2005 2006 2007 2008

Total Trade in Commercial Services (US$ bn)

Total Trade in Commercial Services (US$ bn)

Commercial Services as share of total trade (merchandise and services) (2007) 1

Commercial Services as share of total trade (merchandise and services) (2007) 1

24.4% 166 166

Source: 1. WTO (2008)

Source: 1. WTO (2008)

SWEDEN TRADE STATISTICS

TRADE STATISTICS INDIA

Swedish Exports to India (US$ mn)

Indian Exports to Sweden (US$ mn)

1865 1575 1344 1128

591 444 388

307 268 189 205 208 183