SIBC Overview

The Sweden-India Business Council (SIBC) is the first choice network for growing business between Sweden and India.

Established in May 2003, SIBC now grows rapidly every year adding both SME’s and large companies as members, and arranging an average of 15 networking events per year. As a result of discussions between the Swedish and Indian Business Community, and MOU was signed between the Confederation of Indian Industry (CII) and the Confederation of Swedish Enterprise. Since then SIBC has also signed a collaboration agreement with federal Chamber of Commerce and Industry (FICCI) in India. 60% of SIBC’s membership base consists of SME’s.

Purpose

Our mission is to facilitate business and choice of strategy for our members by:

• Increasing knowledge and exchange of experiences

• Providing access to a large business network and relevant private and public insitutions.

SIBC has as a main goal to actively encourage the growth of trade

and investments between the two countries. In order to do that SIBC:

– facilitate daily and strategic business decisions by increasing

the knowledge and direct network of its members

– deepen and strengthen relations between companies

– support and facilitate new business partnerships

– provide a forum for the exchange of business and cultural

values, business experiences and ideas

– provide its members and Swedish and Indian governments

with valuable information on business opportunities and

any significant obstacles to trade and investment

– maintain close contact with the Swedish Government,

the Indian Embassy in Stockholm and other appropriate

authorities to facilitate information flow

Activity

Sweden-India Business Council: Arranges seminars and breakfast meetings regarding opportunities, challenges, relevant topics and regulative changes in India and Sweden. Distributes a membership letter with current information and interesting topics. Advice members on matters pertaining to trade and investments

Potential areas of growth

    • Biotechnology and Bio Informatics

    • Healthcare and pharmaceuticals

    • Telecommunications, IT and software development

    • Environment technology

    • Heavy engineering

    • E-Commerce and internet banking

    • Waste management

    • Infrastructure development including transport and ports

    • Power sector and renewable sources of energy

    • Pulp, paper and packaging industry

    and technology transfer

    • Dairy development

    • Forestry and low cost housing

    • Joint R&D

    • Defence

    • Automotive parts and components

    • Third country marketing and JVs, especially between India,

    Sweden and the Baltic countries

    • Steel R&D & JVs

    • Inland waterways Research & Shipyards & Ship building