Hitesh Kumbhat is the Chief Financial Officer of Kalpataru Power Transmission Sweden AB, a wholly-owned subsidiary of the Mumbai based KPTL. In this interview with India Global Business, he discusses the opportunities for growth in the Swedish market, while highlighting some of the challenges the Indian companies face in expanding overseas and the company’s future plans in Sweden.
Sanjeev Sharma is the CEO and Co-founder of ExcelDots, a Sweden based start-up that provides a range of solutions using advanced technologies like AI and machine learning to enable safe and affordable access to groundwater. In this interview with ‘India Global Business’, he speaks about the company’s vision, advantages of working in the Sweden start-up ecosystem and his plans for the Indian market.
Indian businesses should consider Sweden as an attractive investment destination. Highlights: A highly educated workforce, availability of renewable energy at low cost, openness to international business ownership and a stable economy make Sweden an ideal investment destination. Sweden functions as a gateway to the $1.7-trillion Nordic market which is the world’s 10th largest market block. Sweden is ranked as the most innovative country in the EU. Almost exactly three years ago, World Economic Forum published the article “Why Sweden [...]
The Swedish brand’s Indian foray created a lot of excitement last year. Peter Betzel, CEO of IKEA India, discusses the brand’s journey so far as well as what it takes to be relevant in a constantly-evolving market and making a social impact while doing so. What makes India a good test case for IKEA worldwide; please give some insights on the India journey? Our ambition is to build a unique, loved and meaningful IKEA in India. Our strong foundation in India over the [...]
The Founder of the Swedish chapter of India-focussed educational organisation Pratham traces its origins and the impact the initiative has had on the ground. While India enrolls more children in school today than ever before, increasing actual learning outcomes remains a challenge. Only half of the children in 5th grade can read a text meant for a child in 2nd grade. With 40 per cent of India’s population being under 18, improving the quality of education is fundamental to the [...]
Germany to help rejuvenate river Ganga Under the ‘Namani Gange’ programme of the Narendra Modi government, India solicited support from various countries to rejuvenate the river Ganga and Germany has come forward to support the flagship programme. The government of Germany, with its vast experience in cleaning and rejuvenating European rivers such as Rhine, Elbe and Danube, was keen to collaborate with the government of India. Under the agreement signed between India and Germany, the latter will support India in adopting and [...]