Make In India is currently organizing a two-day event in Stockholm with the aim of exploring synergies and partnerships between Indian and Swedish companies.
The Make in India initiative was launched by Prime Minister in September 2014 as part of a wider set of nation-building initiatives. Devised to transform India into a global design and manufacturing hub.
The major objective behind the initiative is to focus on job creation and skill enhancement in 25 sectors of the economy. The initiative also aims at high quality standards and minimising the impact on the environment.The initiative hopes to attract capital and technological investment in India.
The event is organized at Grand Hôtel in Stockholm and Founders Alliance founder Niclas Carlsson moderates today’s Startup Session.
During the day, a Memorandum of Understanding (MoU) was signed between Niclas Carlsson, Founders Alliance, and Deepak Bagla, CEO & MD Invest India, marking the start of Sweden India Startup Sambandh (SISS). ”Sambandh” stands for the essence of this alliance and means ”Relationship”.
The purpose of SISS is to deepen the involvement of stakeholders in both ecosystems, create favorable business environments and provide necessary guidance for startups in both countries to ensure sustainable growth of companies in both India and Sweden.
Of Founders Alliance members participated: Peter Ingman, MyNewsdesk, 2BPublished; Oliver Lagerström, MFX Exchange; Johan Ihrfelt, O2X Group; Bonnie Ruopé, Bonzun; George Brontén, Upstream & Membrain; Christopher Engman, Climeon & Vendemore; Johan Frisk, OpiFlex; Andreas Hasselöf, Ombori; Christian Ihre, Lynxeye; Lesley Pennington, B.E.M.Z Design and Shori Zand, Avesina Group.
Other participants include, among others, Niklas Johansson, State Secretary at the Ministry of Enterprise and Innovation, The Honorable Minister of Commerce & Industry of India, Suresh Prabhu, as well as Indian and Swedish entrepreneurs, major business leaders and representatives from the respective governments and ministries of the respective countries.