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SWEDEN - INDIA BUSINESS GUIDE

2007 - 2008
Nyaya Marg, Chanakyapuri, New Delhi 110021, India
Embassy of Sweden +91 11 24197100
Swedish Trade Council Delhi: +91 11 46067100 , Bangalore: +91 80 41529100
www.swedenabroad.se/newdelhi; www.swedishtrade.se/indien
SWEDEN - INDIA
BUSINESS GUIDE

2007 - 2008
Table of Contents

Foreword 5

Country Facts 7

Helping Hands 37

Swedish Brands 55

Business Directory India 63

Business Directory Sweden 149

Media Information 171

Index 177

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 2006.
Copyright © June 2007, Embassy of Sweden.
FOREWORD

It is with great pleasure that we introduce the third edition of the Sweden-
India Business Guide. Since the first guide was published three years ago,
the number of Swedish companies established in India has risen from 56
to 85, an increase of over 50 percent. During the same period, Swedish
companies have made substantial investments in the country. Leading
companies such as ABB, Ericsson, IKEA, SKF, Sandvik, Atlas Copco, Volvo
and AstraZeneca are expanding heavily in India by setting up new
manufacturing plants and global R&D centres, thus reinforcing the
traditional Swedish emphasis on quality and innovation. The healthy
trend of Indian companies establishing themselves in Sweden, either by
way of acquiring existing companies or by setting up branch offices, has
also continued during the past year.

Bilateral trade between Sweden and India reached approximately 1.9


Billion US dollars in 2006. Swedish exports to India grew by an impressive
42 percent, whereas Indian exports to Sweden also have grown at a
lower but steady pace.

Looking ahead, the prospects for 2007 are very encouraging indeed.
Both the Swedish and Indian economies are star performers in their
respective regions and we foresee that many more Swedish companies

Glass Sculpture: Glass sculpture "hooks" designed by Swedish designer Elisabeth Henriksson.
5
ID: 36947, Photographer: Hans Thorwid/ NATIONALMUSEUM, Copyright: Hans Thorwid/ NATIONALMUSEUM
will enter the Indian market. Retail, construction & infrastructure and
aerospace are among the high-potential sectors for Swedish
companies. Clean technology and renewable energy are also sectors
where Sweden has an edge.

We at the Embassy of Sweden and the Swedish Trade Council are


committed to help and support the Swedish and Indian companies that
are looking for new business opportunities. Sweden has been a reliable
high-technology partner to India for over a hundred years. With this
business guide, we hope to inspire companies to forge new and even
stronger links between our two countries.

Lars-Olof Lindgren Fredrik Fexe


Ambassador Trade Commissioner COUNTRY FACTS Facts on economy, trade & investments in

SWEDEN & INDIA

6 7
SWEDEN INDIA

1 1
Area: 450,295 sq km Area: 3,287,263 sq km
1 2
Population: 9.1 mn (2007) Population: 1,114 mn (2007)
Capital: Stockholm Capital: New Delhi
2 1
Adult Literacy rate: 99% Adult Literacy rate: 61.0 (2004)%
Type of government: Constitutional monarchy, Parliamentary democracy Type of government: Federal republic, Parliamentary democracy

1 1
GDP total: US$ 352.5 bn GDP total: US$ 691 bn
1 1
GDP per capita: US$ 38,820 GDP per capita: US$ 640
2 1
GDP per capita in PPP (USA=100): 74.5 GDP per capita in PPP (USA=100): 7.9
3 3
Rate of GDP growth (%) Rate of GDP growth (%)
4.5 - 4.5 4.7
4.2 4.1 4.3 9.0 - 9.2
4.0 - 8.5 8.1
3.7 7.8
3.5 - 8.0 -
3.6 7.3
3.0 - 7.5
7.0 - 7.3
2.5 -
6.6
2.4 2.0 6.1 5.8
2.7 6.0 -
5.9
2.0 -
5.1
1.5 -
1.3 1.7 5.0 -
1.0 - 1.1
4.8
4.0 - 4.4 4.0
0.5 -

0 - 3.0 -
-1.0 - -1.1
2.0 -
-1.5 -
-1.7 1.3
-2.0 - -1.9 1.0 -

06
91

92

93

94

95

96

97

98

99

00

01

02

03

04

05
6
91

92

93

94

95

96

97

98

99

00

01

02

03

04

05

20
19

19

19

19

19

19

19

19

19

20

20

20

20

20

20
20
19

19

19

19

19

19

19

19

19

20

20

20

20

20

20

Sources: Sources:
1. Statistics Sweden, 2006 2. The Economist, World in Figures 2007 Edition 1. The Economist, World in Figures 2007 Edition 2. National Commission on Population
3. The Economist Intelligence Unit (2007) 3. The Economist Intelligence Unit (2007)

8 COUNTRY FACTS COUNTRY FACTS 9


SWEDEN ECONOMY STATISTICS ECONOMY STATISTICS INDIA

1 1
Main Sectors of the Economy Main Sectors of the Economy
IT and communication services; Construction; Chemical industry; Construction; Financing, insurance, real estate and business services;
Automotive industry Communication and transport; Manufacturing

2 2
GDP – composition by sector (% of total) GDP – composition by sector (% of total)

Agriculture: 2 Agriculture: 17
Industry: 28 Industry: 28
Services: 70 Services: 55

3 1
Inflation (%) Inflation (%)
13.5 - 13.2
3.0 -
12.5 -
2.5 - 2.4 11.5 -
2.2
2.0 - 1.9 10.5 -
1.4 9.5 -
1.5 - 9.0
8.5 -
1.0 - 1.0 7.5 -
0.5 0.5
0.5 - 0.5 6.5 - 7.2 6.2
0.5 0.4 5.5 -
0 -
4.5 - 4.7 4.0 3.8 4.3 3.8 3.8
-0.2
-0.5 - 3.5 - 4.2

96

97

98

99

00

01

02

03

04

05

06
96

97

98

99

00

01

02

03

04

05

06

19

19

19

19

20

20

20

20

20

20

20
19

19

19

19

20

20

20

20

20

20

20

Sources: Sources:
1. Swedish Trade Council (2005) 2. The Economist, World in Figures 2007 Edition 3. Economist Intelligence Unit (2007) 1. Economist Intelligence Unit (2007) 2. Ministry of Statistics (Q1 2007)

10 COUNTRY FACTS COUNTRY FACTS 11


SWEDEN ECONOMY STATISTICS ECONOMY STATISTICS INDIA

1 1
Components of GDP (% of total) Components of GDP (% of total)
private consumption: 47.1 private consumption: 59.5
public consumption: 24.0 public consumption: 10.6
investment: 18.1 investment: 26.7
exports: 53.7 exports: 22.0
imports: -42.2 imports: -19.7

2 2
Principal exports (US$ bn) Principal exports (US$ bn)
machinery & transport equipment: 63.0 engineering goods: 16.4
wood & paper products: 15.0 gems & jewellery: 13.7
chemicals: 14.8 textiles: 12.6
manufactured goods: 13.5 agricultural goods: 7.6
total, incl others: 123.0 chemicals: 6.0
2 total, incl others: 79.6
Principal imports (US$ bn)
2
machinery & transport equipment: 45.5 Principal imports (US$ bn)
miscellaneous manufactures: 19.6 petroleum products: 29.9
chemicals: 12.1 capital goods: 12.8
mineral fuels: 9.6 gold and silver: 10.8
total, incl others: 101.0 electronic goods: 9.6
gems: 9.4
total, incl others: 107.3

Sources: Sources:
1. The Economist Intelligence Unit (2007) 2. The Economist, World in Figures 2007 Edition 1. The Economist Intelligence Unit (2007) 2. The Economist, World in Figures 2007 Edition

10
12 COUNTRY FACTS COUNTRY FACTS 13
SWEDEN TRADE STATISTICS TRADE STATISTICS INDIA

IMPORT EXPORT IMPORT EXPORT

2000 72.8 (1.1%) 86.9 (1.4%) 2000 50.5 (0.8%) 42.3 (0.7%)
2001 62.6 (1.0%) 75.3 (1.2%) 2001 49.6 (0.8%) 43.6 (0.7%)
Total merchandise trade in US$ bn and 2002 66.2 (1.0%) 81.1 (1.3%) Total merchandise trade in US$ bn and 2002 56.6 (0.8%) 49.3 (0.8%)
1 1
share of world merchandise trade 2003 82.7 (1.1%) 101.2 (1.3%) share of world merchandise trade 2003 70.7 (0.9%) 56.0 (0.7%)
2004 100.4 (1.1%) 123.2 (1.3%) 2004 97.3 (1.0%) 75.5 (0.8%)
2005 111.2 (1.0%) 130.1 (1.2%) 2005 139.4 (1.3%) 99.1 (0.9%)
2006 126.3 (1.0%) 147.3 (1.2%) 2006 174.4 (1.4%) 120.2 (1.0%)

Total Merchandise Trade (US$ bn) Total Merchandise Trade (US$ bn)
180 - 180 -

160 - 160 -

140 - 140 -

120 - 120 -

100 - 100 -

80 - 80 -

60 - 60 -

40 - 40 -

20 - 20 -

0 - 0 -
00

01

01
03

05

03

05
02

02
00
04

06

04

06
20

20

20
20

20

20

20
20

20
20
20

20

20

20
2 2
Sweden’s main trading partners US$ mn (weight %) India’s main trading partners US$ mn (weight %)
Exports to: Imports from: Exports to: Imports from:
1. Germany: 14,654 (10.0) 1. Germany: 22,913 (18.0) 1. USA: 17,204 (16.8) 1. China: 10,739 (7.5)
2. USA: 13,620 (9.3) 2. Denmark: 12,317 (9.7) 2. UAE: 8,593 (8.4) 2. USA: 7,778 (5.5)
3. Norway: 13,268 (9.1) 3. Norway: 10,720 (8.4) 3. China: 6,721 (6.5) 3. Switzerland: 6,526 (4.6)
4. UK: 10,687 (7.3) 4. Netherlands: 8,072 (6.4) 4. Singapore: 5,570 (5.4) 4. Germany: 5,818 (4.1)
5. Denmark: 10,588 (7.2) 5. UK: 7,871 (6.2) 5. UK: 5,146 (5.0) 5. Australia: 4,851 (3.4)
21. India: 1,344 (0.9) 32. India: 433 (0.3) 44. Sweden: 320 (0.3) 22. Sweden: 1153 (0.8)
Sources: Sources:
1. WTO 2. Statistics Sweden, 2006 1. WTO 2. Ministry of Commerce & Industry, FY 2005/06

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14 COUNTRY FACTS COUNTRY FACTS 15
SWEDEN TRADE STATISTICS TRADE STATISTICS INDIA

IMPORT EXPORT IMPORT EXPORT

2000 23.4 (1.6%) 20.0 (1.3%) 2000 18.9 (1.3%) 16.0 (1.0%)
2001 23.0 (1.5%) 21.8 (1.5%) 2001 19.8 (1.3%) 16.8 (1.1%)
Total trade in commercial services in 2002 23.9 (1.5%) 23.8 (1.5%) Total trade in commercial services in 2002 20.8 (1.3%) 19.1 (1.2%)
US$ bn and share of world trade 2003 28.6 (1.6%) 30.3 (1.7%) US$ bn and share of world trade 2003 25.5 (1.4%) 23.1 (1.3%)
1 1
in commercial services 2004 33.0 (1.5%) 38.3 (1.7%)
in commercial services 36.5 (1.7%) 37.2 (1.7%)
2004
2005 35.0 (1.5%) 42.8 (1.7%) 2005 49.5 (2.0%) 59.4 (2.2%)
2006 39.3 (1.5%) 49.8 (1.8%) 2006 69.5 (2.7%) 72.8 (2.7%)

Total Trade in Commercial Services (US$ bn) Total Trade in Commercial Services (US$ bn)
80 - 80 -

70 - 70 -

60 - 60 -

50 - 50 -

40 - 40 -

30 - 30 -

20 - 20 -

10 - 10 -

0 - 0 -
01

01
03

05

03

05
02

02
00

00
04

06

04

06
20

20
20

20

20

20
20

20
20

20
20

20

20

20
Commercial Services as share of total trade Commercial Services as share of total trade
(merchandise and services) (2006) (merchandise and services)(2006)
Imports Exports Imports Exports
(166 US$ bn) (197 US$ bn) (244 US$ bn) (193 US$ bn)

23.7% 25.3% 28.5% 37.7%

166 197 244 193

Sources: Sources:
1. WTO 1. WTO

16 COUNTRY FACTS COUNTRY FACTS 17


SWEDEN TRADE STATISTICS TRADE STATISTICS INDIA

1 1
Main exports to India (2006): Main exports to Sweden (2006):
1. Engineering products (60.5%) 1. Semi-manufactured products (38.5%)
2. Semi-manufactured products (12.9%) 2. Engineering products (17.2%)
3. Raw materials (5.2%) 3. Chemical products (3.0%)
4. Chemical products (3.5%) 4. Food (2.1%)
5. Other manufactured goods (17.9%) 5. Other manufactured goods (37.3%)

1 1
Swedish Exports to India (US$ mn) Indian Exports to Sweden (US$ mn)
450 -
444
400 -

388
1400 - 350 -
1344
1200 - 300 - 307
1128
268
1000 - 250 -

879 934 191 205


800 - 200 - 208 208
189
200
183
600 - 642 150 -
512
400 - 100 -
295 285 359
200 - 50 -
211 221

0 - 0 -
01

01
03

03
98

98
6

6
02
02

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00
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00

5
97
04

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2 2
Average customs duty (2006): 6.9% Average customs duty (2006): 15.8%

The estimated export value of products produced by Swedish companies in India is


3
approximately US$ 900 million.

Sources: Sources:
1. Statistics Sweden 2. Swedish National Board of Trade 3. Swedish Trade Council India 2007 1. Statistics Sweden 2. WTO

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18 COUNTRY FACTS COUNTRY FACTS 19
SWEDEN INVESTMENT STATISTICS INVESTMENT STATISTICS INDIA

1
Swedish investments as a proportion of EU investments in India, EU investments in India, 1996-2006: US$ 11,859 mn
1&2
1996-2005: 4.1%

1 1
Swedish investments in India (US$ mn)* EU investments in India (US$ mn)

1996 - 00 - 164 1996 - 98 - 2,092

2001 - 06 - 172 1999 - 01 - 1,931

1996 - 06 - 336 2002 - 06 - 5,056


50

00

00
0

00

00

00
10

15

20

25

30

35

00

50

60
20

30

40
10
130 -
120 -
110 -
100 - Total Swedish FDI 27 - Total Indian FDI
90 - 1&2 24 - 2
incoming & outgoing incoming & outgoing
80 - 21 -
( US$ bn ) ( US$ bn )
70 - 18 -
60 -
15 -
50 - INFLOWS OUTFLOWS INFLOWS OUTFLOWS
12 -
40 -
1995 -1999 112.1 75.5 9 - 1995 -1999 12.7 0.6
30 -
2000 -2005 55.9 127.1 6 - 2000 -2005 25.3 6.7
20 -
10 - 3 -
0 - 0 -
1995 - 1999 2000 - 2005 1995 - 1999 2000 - 2005
*Figures include FDI flows from Sweden to India, but do not reflect the substantial flows from Swedish MNC’s channeled
through other countries.
Sources: Sources:
1. Central Bank of Sweden 2. UNCTAD 1. Eurostat 2. UNCTAD, 2006

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20 COUNTRY FACTS COUNTRY FACTS 21
SWEDEN-INDIA FUTURE BUSINESS EXPECTATIONS

Both Swedish companies in India and Indian companies in Sweden


are reporting on growth in all aspects, such as turnover, volumes
and investments. During the next financial year, the largest Swedish
companies in India (by turnover) estimate that their investments in
India will increase by 16% to approximately US$ 200 million. The
investments among the Swedish companies that primarily are
sourcing in India are estimated to grow by 32% to US$ 20 million
during the next financial year.

1
Future Expectations of Swedish Companies in India

67%

Approximately 67% of the Swedish companies in India estimate that they will
meet their business plan during the next financial year, and 27% of the Swedish
companies in India estimate that they will deliver even better results than their
business plan during the next financial year.

1
Future Expections of Indian Companies in Sweden

75%

Approximately 75% of the Indian companies in Sweden estimate that they will
meet their business plan during the next financial year, and 25% of the Indian
companies in Sweden estimate that they will deliver even better results than their
business plan during the next financial year.

Sources:
1.Swedish Trade Council India, Survey 2007 Trilobite vacuum cleaner, The automated robotic cylinder vacuum cleaner designed by
Swedish designer Inese Ljunggren for Electrolux with a purpose of Improving Life quality.
10
22 COUNTRY FACTS
ID: 24108, Photographer: Electrolux, Copyright: Electrolux
SWEDEN BUSINESS CLIMATE BUSINESS CLIMATE INDIA

1 1
Global competitiveness index ranking: 14 Global competitiveness index ranking: 27
Corporate tax rate: 28% Corporate tax rate: 30%
2 2
Employment costs: US$ 47,636 per year Employment costs: US$ 2,167 per year
1 1
Total expenditure on R&D as percentage of GDP: 4.27 Total expenditure on R&D as percentage of GDP: 0.84

1 1
Stock Market Dvt. Q3 2004 - Q1 2007 Stock Market Dvt. Q3 2004 - Q1 2007
14000 -
13786
400 -
13000 -
374
350 - 341 12000 - 12454
334
11000 -
300 - 303 309 10370
278 10609
10000 -
241 9398
250 - 255
228 9000 - 8634
200 - 210
204 8000 -
7194
150 - 7000 - 6603

6000 - 6493
100 -
5584
5000 -
0 - 4796
0-
3

07
2

4
4

06
05
Q

Q
Q

Q
Q

20
20
20

06
05

7
2

4
3

3
2
4

4
Q

0
Q

Q
Q

Q
Q
Q

Q
20
20

20
3 3
OMXS index 100: 1995/12/31 SENSEX index 1000: 1990/12/31

*Employment costs include national average wage, social security, and other mandatory and typical
voluntary benefits including pension, healthcare, and disability benefits
Sources: Sources:
1. The Economist, World in Figures 2007 Edition 2. www.finfacts.com 3. www.omxgroup.com 1. The Economist, World in Figures 2007 Edition 2. www.finfacts.com 3. www.bseindia.com

10
24 COUNTRY FACTS COUNTRY FACTS 25
SWEDEN BUSINESS CLIMATE BUSINESS CLIMATE INDIA

1 1
Number of university students: 291,731 Number of university students: 9,954,000
2 2
Internet users: 6,890,000 (75.6%) Internet users: 40,000,000 (3.6%)
3 3
Mobile telephone subscribers: 9,607,000 (92%) Mobile telephone subscribers: 125,565,537 (11.6%)

4 4
Business visa to India Business visa to Sweden

5000 - 4500 -

4500 - 4000 -

4000 - 3500 -

3500 -
3000 -

3000 -
2500 -
2500 -
2000 -
2000 -
1500 -
1500 -

1000 -
1000 -

500 - 500 -

0 - 0 -
2002 2003 2004 2005 2006 2002 2003 2004 2005 2006

Sources: Sources:
1. www.hsu.se 2. www.internetworldstats.com, 2006 3. Post-och telestyrelsen, December 2006 1. www.education.nic.in 2. www.internetworldstats.com, 2006
4. Embassy of India, Stockholm 3. Cellular Operators Association of India, March 2006 4. Embassy of Sweden, New Delhi

10
26 COUNTRY FACTS COUNTRY FACTS 27
SWEDEN PROCEDURES & RULES FOR STARTING UP BUSINESS IN SWEDEN PROCEDURES & RULES FOR STARTING UP BUSINESS IN SWEDEN

There are 6 options for foreign companies to set up a legal entity in Branch Office (Filial)
Sweden: If a foreign company intends to run a business in Sweden without
Limited Company (private or public) registering a limited company, it normally needs to register a
Branch Office branch office. A branch office will have its own organisational
Sole Trader number and VAT registration number. A foreign company can only
Trading Partnership have one branch office in Sweden.
Limited Partnership
The branch office is not a separate legal body. It operates under
Economic Association
Swedish law. No share capital is required since assets and debts
Limited Company (Aktiebolag) belong to the foreign mother company.
A limited company is set up by one or more persons or legal A branch office has separate book keeping from the foreign
entities. It is to be represented by a Board of Directors and, in mother company. An annual report for the branch office is to be
certain cases, a Managing Director. These persons have filed with Bolagsverket together with the annual report of the foreign
extensive responsibilities and, in certain circumstances, these mother company. The annual report is to be audited and
persons can be personally liable for the company's debts. An authorised by an approved accountant. Appointment of a
approved or an authorized public accountant must accept Managing Director is imperative and this person is required to be
appointment as Company Auditor before it is possible to register based within the European Union or one of its partner countries.
a limited company. An annual report for every financial year must Registration of a branch office normally takes 4-6 weeks.

be filed with the Swedish Companies Registration Office Sweden operates a “one point of contact” policy for
(Bolagsverket). incorporation of companies. All required documents can be found
The share capital for a company classified as private must be a and filed at Bolagsverket (www.bolagsverket.se).
minimum of SEK 100,000, and SEK 500,000 for a company
classified as public. Sole Trader (Enskild näringsidkare)
Registration of a limited company takes approximately one Business activities carried out by a sole trader can be regarded as a
month. The normal procedure is to buy a company “off the shelf” form of business enterprise, but not as a legal entity. The business is
and transform it during a general meeting of the shareholders. This run and represented by one person. The owner of the one man
is normally done in one day. business gives his own personal identity number as the registration
number of the business. There is no economic dividing line between

10
28 COUNTRY FACTS COUNTRY FACTS 29
SWEDEN PROCEDURES & RULES FOR STARTING UP BUSINESS IN SWEDEN PROCEDURES & RULES FOR STARTING UP BUSINESS IN INDIA

the individual and the enterprise. The individual is personally The main options for Swedish companies to operate in India are:
responsible for all agreements entered into, and hence is Liaison Office
financially unprotected. Branch Office
Project Office
Trading Partnership (Handelsbolag) Wholly-owned Subsidiary, private or public limited
A trading partnership is a business run by two or more partners. It Joint Venture
does not require starting capital or an auditor. Partners assume
financial responsibility.
Liaison Office
Limited Partnership (Kommanditbolag) A foreign company may open a liaison office in India to promote its
A limited partnership is very similar to a trading partnership. The business interests, spread awareness of its products, explore further
major difference is that in a limited partnership, there is at least opportunities, and act as a communication channel between itself
one partner with limited liability and one partner with unlimited and various Indian companies. Liaison Offices are not allowed to
liability. carry out any commercial, trading or industrial activities, or earn any
income in India. It is financed from inward remittances received
Economic Association (Ekonomisk förening) from abroad, through normal banking channels. The time frame for
An economic association is a legal entity, set up by a minimum of registering a liaison office is approximately 4-6 weeks.
three physical persons or legal entities. Every member needs to
pay a certain contributed capital and an annual membership fee, Branch Office
but there are no minimum levels. All members have the same Foreign companies engaged in manufacturing and trading
voting right. An authorized or approved accountant is not activities abroad may open branch offices. These may trade in
compulsory in small associations. goods, provide services, carry out research work and promote
collaborations between Indian companies and the parent
company. The time frame for registering a branch office is
approximately 4-6 weeks.

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30 COUNTRY FACTS COUNTRY FACTS 31
INDIA PROCEDURES & RULES FOR STARTING UP BUSINESS IN INDIA PROCEDURES & RULES FOR STARTING UP BUSINESS IN INDIA

Project Office Proposals for foreign investment that are not covered under the
Project offices are a method for foreign companies to establish a automatic approval route, are considered for approval, on merit,
business presence in India, for a limited period of time. The by the Foreign Investment Promotion Board (FIPB), Government of
project office is essentially a branch office, set up with the limited India. Composite proposals i.e. proposals seeking other industrial
purpose of executing a specific project. Foreign companies approvals such as industrial license, technical collaborations etc.
engaged in turnkey construction or installation normally set up a along with approval for foreign investment, are given a
project office for their operations in India. The time frame for composite clearance by the FIPB. The FIPB typically takes 4-6
registering a project office is approximately 4-6 weeks. weeks to grant approval. Upon receiving approval from the FIPB, a
foreign investor may incorporate an Indian subsidiary.
Wholly-Owned Subsidiary (private or public)
A wholly-owned subsidiary can be set up either as a private Joint Venture
limited company or as a public limited company. A private A joint venture operates under the same rules as a wholly-owned
limited company requires a minimum paid-up capital of INR subsidiary, but in the form of a partnership between an Indian and
100,000 or such higher capital as may be prescribed by its a foreign company. This has traditionally been a useful way of
memorandum of association. A public limited company gaining a presence in India, within those industries where there
requires a minimum paid-up capital of INR 500,000. have been legal limits to the extent of foreign ownership in Indian
The Government of India permits Foreign Direct Investment firms. With the gradual opening up of the Indian economy, this
(FDI) on an automatic basis i.e. without prior government alternative is slowly becoming less prevalent, although joint
approval, except with respect to some exceptional cases such ventures can remain an interesting option from the strategic point
as defense, housing and real estate, retail, print media, banking, of view.
telecom etc. (“negative list”) or in the case of foreign investors
that have an existing joint venture or trade mark/ technology
licensing arrangement in India.
Under the automatic approval 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.

10
32 COUNTRY FACTS COUNTRY FACTS 33
SWEDEN BUSINESS VISA TO SWEDEN BUSINESS VISA TO INDIA

For a business visit, the applicant is required to enclose an invitation letter For a business visit, the applicant is required to enclose an invitation letter from
from the company concerned or from whoever is organising the visit, the company concerned or from whoever is organising the visit, along with a
along with a completed visa application form. completed visa application form.

The invitation must contain the following details about the applicant: The invitation must contain the following details about the applicant:

Personal particulars Company profile


Arrival and departure dates Designation of applicant
Purpose of visit Purpose and date of visit
Guarantee of costs to be incurred during the trip Guarantee of costs to be incurred during the trip

For more information on visa procedures, office hours for visa, processing For more information on visa procedures, office hours for visa,
time and to download the application form, please log onto processing time and to download the application form, please log onto
www.swedenabroad.se/newdelhi www.indianembassy.se
Application forms are also available at the Embassy of Sweden in New Application forms are also available at the Embassy of India in Stockholm.
Delhi or at the Swedish Consulates in India.

10
34 COUNTRY FACTS COUNTRY FACTS 35
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.

10
36 COUNTRY FACTS 37
EMBASSY OF SWEDEN NEW DELHI EMBASSY OF INDIA STOCKHOLM

The Embassy of Sweden in New Delhi maintains and develops a The Embassy of India in Stockholm is a nodal point for matters pertaining to
comprehensive knowledge base, covering all areas of relations between trade and investment relations between India and Sweden. It is the first
Sweden and India. This provides the Embassy with a unique opportunity to point of contact for providing general/specific information and arranging
initiate and facilitate contacts, and act as a hub and a meeting place for a meetings for businessmen and visiting delegations from either side.
broad and sustainable partnership.
Office hours for the public: Mon – Fri: 9.00-12.00.
Office hours for migration (incl visa): Mon, Tue and Thu: 9.00-11.00.

Address: Nyaya Marg, Chanakyapuri Address: Adolf Fredriks Kyrkogata 12


New Delhi 110 021 Box 1340
111 83 Stockholm
Tel: +91 11 24197100 Tel: +46 8 4113212
Fax: +91 11 26885401 Fax: +46 8 248505
Web: www.swedenabroad.se/newdelhi Web: www.indianembassy.se
Head: H E Mr Lars-Olof Lindgren Head: H E Mrs Deepa Gopalan Wadhwa
Ambassador Ambassador

38 HELPING HANDS HELPING HANDS 39


SWEDISH HONORARY CONSULATES INDIA CONFEDERATION OF INDIAN INDUSTRY

Sweden has Honorary Consulates in Chennai, Kolkata and Mumbai. The CII is a non-government, non-profit organisation, led and managed by
Honorary Consulates act as the representatives of the Embassy of Sweden industry, with an active role in India's development. Founded over 110 years
in their respective geographic areas. The Honorary Consuls have close links ago, it has a direct membership of over 5,300 companies from the private
with the Swedish business community in India. and public sectors, including SMEs and MNCs. It also has an indirect
Public office hours of the Honorary Consulates can be found on membership from around 300 sectoral associations. CII works to create
www.swedenabroad.se/newdelhi and sustain an environment conducive to the growth of industry in India,
partnering industry and government alike through advisory and
consultative processes.

Chennai Kolkata Address: The Mantosh Sondhi Centre


Address: Consulate of Sweden Address: Consulate of Sweden 23, Institutional Area, Lodi Road
6, Cathedral Road 9, Lala Lajpat Raj Sarani New Delhi 110 003
Chennai 600 086 Kolkata 700 020 Tel: +91 11 24629994 - 7
Tel: +91 44 28112232 Tel: +91 33 22807136
Fax: +91 11 24626149
Fax: +91 44 28110294 Fax: +91 33 22807139
Hon Consul: Mrs Stina Vasu Hon Consul: Mr Aloke Mookerjee Web: www.ciionline.org
Head: Lt Gen (Retd) S S Mehta
Director General
Mumbai
Address: Consulate General of Sweden
Forbes Building, PO Box No 79
Charanjit Rai Marg, Fort
Mumbai 400 001
Tel: +91 22 24915313
Fax: +91 22 24902161
Hon Consul General: Mr K C Mehra

40 HELPING HANDS HELPING HANDS 41


CONFEDERATION OF SWEDISH ENTERPRISE EKN, The Swedish Export Credits Guarantee Board

SVENSKT N Ä R N GSL V

The Confederation of Swedish Enterprise is an interest organization With the support from EKN, Swedish companies and financing banks can
representing almost 54,200 companies. It has 50 trade and employer offer their customers attractive financial terms and conditions. EKN is a
association members, covering 70% of the Swedish private sector. The governmental agency which provides companies, banks and financial
Confederation's mandate from its members is to heighten public institutions with state guarantees against losses incurred in export
awareness of the value of Swedish enterprise. The organization helps transactions and foreign investment. The guarantees serve as insurance.
shape public opinion and educates government and the general public. Long-term credits, high-risk markets, complex transactions, small
The Confederation develops new ideas and produces concrete proposals transactions – if there's no cover on the commercial insurance market, EKN's
for improving the business climate. guarantee is there to help.

Address: Storgatan 19 Address: Box 3064


114 82 Stockholm SE 103 61 Stockholm

Tel: +46 8 55343000 Tel: +46 8 7880000


Fax: +46 8 55343099 Fax: +46 8 4118149
Web: www.svensktnaringsliv.se Web: www.ekn.se
Head: Mr Urban Bäckström Head: Ms Karin Apelman
Chief Executive Officer General Director

42 HELPING HANDS HELPING HANDS 43


EXPANDING EXPORTS HELPDESK FEDERATION OF INDIAN CHAMBERS OF COMMERCE & INDUSTRY

EXPANDING EXPORTS

The Expanding Exports Helpdesk is an online resource, provided by the With more than eight decades of history, closely linked to the economic
European Commission, to facilitate access for developing countries to development of India, FICCI has led industry and business in nation-
markets within the European Union. The Expanding Exports Helpdesk building. Backed by a nationwide network of chambers of commerce and
provides relevant information required by the developing country’s industry, trade and industry associations, professional institutions, bi-national
exporters interested in supplying the EU market. chambers of commerce, corporate bodies and private firms, it strives to
create an atmosphere conducive to globalization. It speaks for over
250,000 business units, small, medium and large, employing around 20
million people.

Web: http://export-help.cec.eu.int/ Address: Federation House


1 Tansen Marg
New Delhi 110 001
Tel: +91 11 23315442, 23738760 - 70
Fax: +91 11 23320714, 23721504
Web: www.ficci.com
Head: Dr Amit Mitra
Secretary General

44 HELPING HANDS HELPING HANDS 45


INVEST IN SWEDEN AGENCY OPEN TRADE GATE SWEDEN

Invest in Sweden Agency (ISA) is the government agency responsible for Open Trade Gate Sweden is a one-stop information centre for exporters in
information about business and investment opportunities in Sweden. developing countries. The overall goals are to increase market access for
Companies planning to establish or expand operations in Sweden can, developing countries and to strengthen the capacity to export to Sweden.
free of charge, obtain information and assistance from ISA and its regional They provide information on trade rules and regulations for the Swedish
and international network. market free of charge, by adapting the rules into a user friendly format for
exporters not used to international trade. Open Trade Gate Sweden forms a
part of the Swedish governmental body National Board of Trade.

ICT contact for India Life Science contact for India Address: Drottninggatan 89
113 86 Stockholm
Phone: +91 9811061885 Phone: +91 44 26423170
Mobile: +46 70 9829035 Mobile: +46 70 7976632
Tel: +46 8 6904940
Head: Mr Aditya Prakash Head: Mr Sanjeevi Carani
Senior Advisor, ICT Senior Advisor Fax: +46 8 6904941
Life Sciences Web: www.opentradegate.se
Head: Ms Marie Andersson de Frutos
Executive Director
Other industries and general ISA address in Sweden
information
Address: World Trade Center
Phone: +91 80 41529100 Klarabergsviadukten 70:B6
Mobile: +91 9880288226 101 21 Stockholm
Head: Mr Bengt Johansson Tel: +46 8 4027800
General Manager Fax: +46 8 4027878
Swedish Trade Council Web: www.isa.se
Bangalore Head: Mr Kai Hammerich
Director General

46 HELPING HANDS HELPING HANDS 47


STRATEGIC LINKS INDIA SWEDEN-INDIA BUSINESS COUNCIL

Strategic Links India is a professional membership organization that assists The Sweden India Business Council (SIBC) is the official network organization
globally and nationally mobile workers, especially spouses and partners of between the Swedish and Indian business community. The main objective
expatriates and returning NRIs working in India, to develop and maintain of SIBC is to enhance their member’s knowledge of how to access the
their professional careers. It provides career development assistance, Swedish and Indian markets. This is done through a variety of interesting
information about job opportunities and sustained networking support. It networking activities. SIBC was established in May 2003 following an initiative
seeks to make the critical connection between employers in need of by several Swedish companies inspired by the fast and promising
internationally qualified workers and experienced professional available for developments in India. SIBC endeavors to strengthen business relations
such positions. Strategic Links India is a program of the Strategic Links Trust, a between Sweden and India, and support the growth of trade and
nonprofit educational entity chartered in India. investments.

Address: 55 Community Centre Address: Box 92069


Mezzanine Floor, East of Kailash 120 07 Stockholm
New Delhi 110 065
Tel: +91 9873148017 Tel: +46 8 54583191
Fax: +91 11 41624284 Fax: +46 8 7153969
Web: www.strategiclinksindia.org Web: www.sibc.se
Head: Mrs Catarina Granryd Head: Mr Robin Sukhia
Executive Director General Manager

48 HELPING HANDS HELPING HANDS 49


SWEDFUND INTERNATIONAL AB SWEDISH TRADE FEDERATION – SVENSK HANDEL

Swedfund offers risk capital and competence for investment in Africa, Asia, Swedish Trade Federation is the main organisation in Sweden for importers,
Latin America and non-EU countries in Eastern Europe, contributing to wholesalers, suppliers and retailers. The Federation has 13,000 members
economic development in its countries of operation. It invests with strategic representing a total of 20,000 workplaces. The members of the Federation
partners, mainly expanding Swedish companies. It currently has handle the major share of Swedish domestic trade and imports. The
investments in 67 companies in 31 countries. Since its start in 1979, Swedish Trade Federation is the largest member organisation of the
Swedfund has made over 180 investments in 50 countries. Owned by the Confederation of Swedish Enterprise (Svenskt Näringsliv).
Swedish state, Swedfund is a member of the Association of European
Development Finance Institutions.

Address: 854, Sector 17 Address: Regeringsgatan 60


Gurgaon 122 001 SE 103 29 Stockholm

Tel: +91 124 2348445 Tel: +46 8 7627700


Fax: +91 124 2349605 Fax: +46 8 7627777
Web: www.swedfund.se Web: www.svenskhandel.se
Advisor: Mr Ashok Nehru Head: Mr Dag Klackenberg
Managing Director

50 HELPING HANDS HELPING HANDS 51


SWEDISH TRADE COUNCIL

The Swedish Trade Council has offices in almost 50 countries and an annual
turnover of US$ 70 million. Today there are two offices in India, New Delhi
and Bangalore. 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 about the opportunities.

Delhi
Address: C/o Embassy of Sweden
Nyaya Marg, Chanakyapuri
New Delhi 110 021
Tel: +91 11 46067100
Fax: +91 11 46067110
Web: www.swedishtrade.se
Head: Mr Fredrik Fexe

Bangalore
Address: Kheny Chambers
4/2, Cunningham Road
Bangalore 560 052
Tel: +91 80 41529100
Fax: +91 80 41529110
Head: Mr Bengt Johansson

Hug Chair: The Hug chair was designed by Swedish designer Anna von Schewen in 2002 for
Gärsnäs.
52 HELPING HANDS
ID: 2930, Photographer: Pelle Wahlgren, Copyright: Gärsnäs
SWEDISH BRANDS
SWEDEN

SonyEricsson Mobile Phone Model T650i: This ultra-slim model has been designed with
inspiration from nature and the Nordic light to be beautiful to look at and alive with
energy.
55
Photographer: SonyEricsson, Copyright: SonyEricsson
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.

Akzo Nobel is a multicultural organization, serving customers throughout the world Hästens beds are an all-natural experience in Nordic luxury, handmade in Sweden
with human and animal healthcare products, coatings, and chemicals. since 1852. Master craftsmanship in combination with natural materials means that Hästens
www.akzonobel.se can guarantee high quality and long product life.
www.hastens.com

BT Industries Group is the world's leading supplier of electric powered Koenigsegg Automotive AB , the Swedish super car, which today
warehouse trucks and services with sales totalling SEK 13 billion. Their business is to anticipate holds the Guinness Book of World Records’ record as the fastest production car in the world.
customer needs and deliver solutions for efficient material handling. BT Industries is a part of www.koenigsegg.com
Toyota Industries Corporation, of Japan.
www.bt-industries.com

Hasselblad A/S produces the most sought-after professional level medium- Orrefors Kosta Boda AB is the leading Scandinavian producer of Crystal
format equipment for discerning photographers around the world. and Glass. Orrefors is recognized for it’s clear crystal in timeless design. Kosta Boda has the
www.hasselblad.com 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.se www.orrefors.com

56 SWEDISH BRANDS SWEDISH BRANDS 57


SWEDISH BRANDS SWEDISH BRANDS

Saab AB is a high-technology company that offers world leading products, systems SEB Group is a North European financial group for 400,000 corporate customers
and services in defence, aviation, space and civil security. and institutions, and 5 million private customers. SEB has local presence in the Nordic and Baltic
www.saabgroup.com countries, Germany, Poland, the Ukraine and Russia, and has a global presence through its
international network in another 10 countries. Approximately half of SEB's customers use the
internet for their banking transactions. The Group has about 20,000 employees.
www.sebgroup.com

Saab Automobile is a Swedish manufacturer of safe and innovative premium TeliaSonera AB is the Nordic and Baltic telecommunications leader. Its focus is
vehicles for independent thinking people who appreciate aircraft inspired progressive styling, to provide customers simplicity and ease when using the services and the best end-to-end
sporty performance and surprising functionality. solutions to their communication needs.
www.saab.com www.teliasonera.com

Scania is one of the world’s leading manufacturers of trucks and buses for heavy V&S Absolut Spirits is the world's third largest spirit brand and available in
transport applications, and of industrial and marine engines. some 126 markets.
www.scania.com www.absolut.com

58 SWEDISH BRANDS SWEDISH BRANDS 59


SWEDISH BRANDS

Vattenfall Power Consultant AB is the leading Swedish consultancy


company in the energy and power sector. Its services include technical, management and
environmental consulting.
www.vattenfall.com/powerconsultant

Skiing Helmet from POC: Helmet with maximum protection designed by Swedish company POC
by using the very latest high-tech materials and design techniques.
60 SWEDISH BRANDS
ID: 63004, Photographer: POC, Copyright: POC
BUSINESS DIRECTORY
INDIA

Tetra Pak: In 1951 Tetra Pak unveiled a novel idea: plastic-coated paper beverage
containers. The breakthrough came in the 60s. In the photo: the Tetra Classic.
63
ID: 3978, Photographer: Tetra Pak, Copyright: Tetra Pak
A3TL ABB LTD

A3TL is a company promoted jointly by a group of professionals and seeded ABB is a global leader in power and automation technologies that enable
by Affarsstrategerna (ASAB), a leading Swedish venture capital firm. A3TL is utility and industry customers to improve performance while lowering
an IT outsourcing company, offering IT solutions across verticals. Core environmental impact. The ABB Group of companies operates in around
competencies include providing technology paths to corporations in client 100 countries and employs around 109,000 people. ABB India has
server technologies, outsourcing integration tools, and enabling clients to approximately 5,000 employees, extensive local manufacturing across 12
be wireless compliant. A3TL has offices in Mumbai, Bangalore and centers, a global engineering & operations center as well as a group
Stockholm. corporate R&D center. It has a countrywide presence with 28 marketing
offices and 8 service centers, and a network of over 750 channel partners.

Address: 402 4th floor, Acropolis Address : 2nd Floor, East Wing, Khanija Bhavan
Military Road, Andheri (East) 49, Race Course Road
Mumbai 400 059 Bangalore 560 001
Tel: +91 22 66681144 Tel: +91 80 22949150 - 53
Fax: +91 22 66681144 Fax: +91 80 22949148
Web: www.a3tl.com Web: www.abb.co.in
Head: Mr Nitin Kanchan Head: Mr Ravi Uppal
Chairman & CEO Vice Chairman & Managing Director
Annual Turnover in India: US$ 0.8 mn Annual Turnover in India: US$ 966 mn
Annual Turnover in the World: US$ 0.8 mn Annual Turnover in the World: US$ 24.4 bn
No of Employees in India: 106 No of Employees in India: 5,000
No of Employees in the World: 106 No of Employees in the World: 109,000
Swedish Share: 30% Swedish Share: 52%

64 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 65


AHLENS FAR EAST LTD ALFA LAVAL (I) LTD

Ahlens Far East Ltd is the Liaison office of Ahlens AB: A Swedish chain of A part of Swedish multinational Alfa Laval AB, Alfa Laval India, is a leading
departmental stores with 82 outlets in Sweden and 20 in Norway. Ahlens provider of specialized products and engineered solutions to industries like
also works as an agent for Antilla, a Finnish chain of department stores and Power, Marine, Chemical, Pharmaceutical, Waste handling, Industrial
Lagerhaus – chain stores in Sweden. Business areas include home refrigeration, Food processing etc. Its core technologies are in the areas of
furnishings, leather bags, hard goods and fashion. In Delhi, operations heat transfer; centrifugal separation and fluid handling. The global
include sourcing, product development, quality control, code of conduct, organization is present in almost 100 countries.
shipping, market trends, vendor development, monitoring costs etc.

Address : Intermediate Floor, F - Block Address: Mumbai - Pune Road


International Trade Tower, Nehru Place Dapodi
New Delhi 110 019 Pune 411 012
Tel: +91 11 26288471 - 72 Tel: +91 20 27107100, 66116100
Fax: +91 11 26288470 Fax: +91 20 27147711
Web: www.ahlens.com Web: www.alfalaval.com
Head: Mr Richard James Head: Mr Nish Patel
Country Manager Managing Director
Annual Turnover in India: US$ 9 mn Annual Turnover in India: US$ 151 mn
Annual Turnover in the World: US$ 631 mn Annual Turnover in the World: US$ 2.9 bn
No of Employees in India: 9 No of Employees in India: 1,088
No of Employees in the World: 3,031 No of Employees in the World: 10,000
Swedish Share: Liaison Office Swedish Share: 77%

66 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 67


ANDANTE (I) CONSULTANTS PVT LTD ASSA ABLOY (I) PVT LTD

The Andante group started in 1989 as a constellation of an independent ASSA ABLOY is the world's leading manufacturer and supplier of door
organization for research, training and consultancy work in the field of opening solutions, meeting tough enduser demands for safety, security
international development co-operation. It is located in Varnamo and and convenience. With over 150 companies operating in more than 40
Strangnas in Sweden, Pune in India, and Manila in the Phillipines. In India, countries and over 10 percent of the world market, the Group is the
Andante India Consultants Ltd provides a wide spectrum of management strongest global player in the lock industry. ASSA ABLOY offers a more
consultancy services, assistance for forming strategic alliances with Swedish complete range of door opening solutions than any other company on the
companies, evaluation studies and IT enabled services. market. ASSA ABLOY India provides localized service, customer and
technical support and focus for all Architectural hardware, locking solutions
and security products.

Address: No 3, Ground Floor, Avishkar Heights Address : A-501, A Wing, Delphi, Orchard Avenue
1411, Sadashiv Peth, Off Tilak Road Hiranandani Business Park
Pune 411 030 Powai, Mumbai 400 076
Tel: +91 20 24485035 Tel: +91 22 40051380
Fax: +91 20 24485035 Fax: +91 22 40051383
Web: www.andantetools.com Web: www.assaabloy.com
Head: Mr Suresh Pingale Head: Mr Rakesh Patnaik
Managing Director General Manager - India
Annual Turnover in India: US$ 0.1 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 0.2 mn Annual Turnover in the World: US$ 4.5 bn
No of Employees in India: 2 No of Employees in India: 7
No of Employees in the World: 5 No of Employees in the World: 30,000
Swedish Share: 40% Swedish Share: 30%

68 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 69


ASSAB SRIPAD STEELS LTD ASTRAZENECA INDIA

Assab Sripad Steels Pvt Ltd, the Indian subsidary of Assab International AB, AstraZeneca is one of the world's leading pharmaceutical companies. With
Sweden, is engaged in the import, stocking, marketing and distribution of a strong research base and extensive manufacturing and marketing,
Assad Uddeholm tool steels produced in Hagfors, Sweden. The tools are AstraZeneca in India provides a range of products in seven areas of
used to manufacture plastic moulds, die casting dies, forging dies, healthcare: cardiovascular, maternal healthcare, cancer, respiratory,
extrusion dies and cold work tools. Assab Sripad has steel stock centers in infection neuroscience and gastrointestinal. AstraZeneca in India has its
Chennai, Mumbai & Delhi and Vacuum Heat Treatment facilities in R&D, Process R&D, Manufacturing and Marketing offices in Bangalore,
Chennai & Mumbai. bringing to India an entire package of experience and investments.

Address: Padmalaya Towers Address: Off Bellary Road


1 Janaki Avenue, MRC Nagar Hebbal
Chennai 600 028 Bangalore 560 024
Tel: +91 44 24937044, 24951980 Tel: +91 80 23621212 - 13
Fax: +91 44 24952273 Fax: +91 80 23622015
Web: www.assabsripad.com Web: www.astrazenecaindia.com
Head: Mr P E Shankar Head: Dr T S Balganesh
Managing Director Head (R&D) AstraZeneca India
Annual Turnover in India: US$ 8.1 mn Mr Anandh Balasundaram
Annual Turnover in the World: US$ 4 bn Managing Director AstraZeneca Pharma
No of Employees in India: 60 Annual Turnover in India: US$ 49 mn
No of Employees in the World: 13,000 Annual Turnover in the World: US$ 26.5 bn
Swedish Share: 70% No of Employees in India: 1,100
No of Employees in the World: 66,000
Swedish Share: N/A

70 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 71


ATLAS COPCO (I) LTD AUTOLIV IFB (I) PVT LTD

Atlas Copco is an international industrial Group with its head office in Autoliv IFB is a Joint Venture Company between Autoliv AB - Sweden and IFB
Stockholm, Sweden. The Group produces and markets compressed air Automotive P Ltd - India. It is a TS 16949 and ISO 14001 certified company.
equipment and generators, construction and mining equipment, and The crash Lab Test Centre is duly certified by TUV and ARAI. Autoliv’s
industrial tools and assembly systems. The Atlas Copco Group includes products include safety seat belt systems, roto pretensioner retractors with
famous brands such as Atlas Copco, Chicago Pneumatic and and without load limiters, web grab retractors, dual sensitive retractors, 3-
Worthington. point and 2-point static lap belts, and webbing and cable to stem buckles
with and without micro switch assembly.

Address: Sveanagar, Mumbai - Pune Road Address : 16, Visweswaraiah Industrial Estate
Dapodi 1st Main Road, Off Whitefield Road
Pune 411 012 Mahadevapura, Bangalore 560 048
Tel: +91 20 39852100 Tel: +91 80 28524103 - 04, 28524017
Fax: +91 20 27146039 Fax: +91 80 28524185
Web: www.atlascopco-india.com Web: www.autolivifbindia.com
Head: Mr Mike Mustapha Head: Mr V Raghu
Managing Director President & CEO
Annual Turnover in India: US$ 170 mn Annual Turnover in India: US$ 50 mn
Annual Turnover in the World: US$ 7.4 bn Annual Turnover in the World: US$ 6.1 bn
No of Employees in India: 1,069 No of Employees in India: 307
No of Employees in the World: 24,378 No of Employees in the World: 34,500
Swedish Share: 83.77% Swedish Share: 49.99%

72 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 73


AXIS VIDEO SYSTEMS (I) PVT LTD BAE SYSTEMS SWS DEFENCE AB

Axis is an IT company offering network video solutions for professional BAE Systems SWS Defence AB markets the defence equipment for the
installations. The company is the global market leader in network video, Indian Defence forces. Among the products SWS is marketing the 155 mm
driving the ongoing shift from analog to digital video surveillance. Axis Field Howitzer System 77B, which was first introduced in the Indian Army in
products and solutions focus on security surveillance and remote 1986. We are providing product support to the Indian Army for the
monitoring and are based on innovative, open technology platforms. Axis maintenance of the FH 77B02 equipment. SWS, as the Original Equipment
is operating worldwide with offices in 18 countries and cooperating with Manufacture, is also providing product support for the 40 mm L/70 Air
partners in more than 70 countries. Founded in 1984, Axis is listed on the Defence Gun System, this system was introduced in the Indian Army in
Nordic List, Mid Cap and Information Technology exchanges. 1960.

Address: Kheny Chambers Address: S-20, Second Floor


No 4/2, Cunningham Road Green Park Extn
Bangalore 560 052 New Delhi 110 016
Tel: +91 80 41529100 Tel: +91 11 41756508
Fax: +91 80 41529110 Fax: +91 11 41756518
Web: www.axis.com Web: www.baesystems.se
Head: Mr Anders Laurin Head: Mr Göran Karlsson
Regional Director - Asia Vice President
Annual Turnover in India: US$ 0.6 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 170 mn Annual Turnover in the World: N/A
No of Employees in India: 1 No of Employees in India: 2
No of Employees in the World: 494 No of Employees in the World: N/A
Swedish Share: 100% Swedish Share: Liaison Office

74 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 75


BARRACUDA CAMOUFLAGE PVT LTD BERGER-BECKER COATINGS PVT LTD

Beckers

BERGER
Barracuda Camouflage Pvt Ltd is a joint venture company with Saab Berger Becker Coatings Pvt Ltd (BBCPL) is a joint venture between Becker
Barracuda AB of Sweden. Barracuda, with a presence in over 50 countries, Industrial Coatings, Sweden, and Berger Paints India Ltd. Becker Industrial
is a world leader in camouflage, with in-house R&D and 48 years of Coatings is a market leader in Europe for coil coating paints. BBCPL started
experience. The cost of defence material and training make protection of its operation in the year 1998, manufacturing coil coating paints. It supplies
equipment and lives a crucial element of modern warfare. Barracuda to India and the neighboring countries. The products are used in building,
camouflage and deception equipment is especially tailored for the Indian domestic appliances, automotive and other industries.
armed forces.

Address: 103 Phase VI, HSIDC Address: Plot No 114, Pilerne Industrial Estate
Udyog Vihar Pilerne, Post Saligao
Gurgaon 122 001 Goa 403 511
Tel: +91 124 2370591 - 2 Tel: +91 832 2407103 - 04, 2407107
Fax: +91 124 2370590 Fax: +91 832 2407106
Web: www.barracuda.se Web: www.coilcoatings.com
Head: Mr Naresh Ummat Head: Mr Rajesh Mehrotra
Managing Director Vice President
Annual Turnover in India: US$ 1.5 mn Annual Turnover in India: US$ 25 mn
Annual Turnover in the World: US$ 11 mn Annual Turnover in the World: US$ 1.5 bn
No of Employees in India: 12 No of Employees in India: 75
No of Employees in the World: 375 No of Employees in the World: 4,000
Swedish Share: 95% Swedish Share: 51%

76 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 77


BIRLA ERICSSON OPTICAL LTD BOMBARDIER TRANSPORTATION

Birla Ericsson Optical Limited is a Joint Venture Company(JVC) between M.P. Bombardier Transportation is the global leader in manufacturing innovative
Birla group and Ericsson of Sweden. The Company is primarily engaged in transportation solutions, from regional aircraft and business jets to rail
manufacturing wide range of Wire & Cables, Telecommunication Cables transportation equipment. Its wide range of products includes passenger
including Armoured, Unarmoured and Ribbon Type Optical Fibre Cables, rail vehicles and total transit systems. It also manufactures locomotives,
PIJF Copper Cables, Switch Board Cables and other Specialty freight cars, bogies, propulsion & controls and provides rail control solutions.
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 Address: ERDA Road


PO Chorhata PO Maneja
Rewa (MP) 486 006 Gujarat 390 013
Tel: + 91 7662 400400 - 400580 Tel: +91 265 2638953
Fax: + 91 7662 400680 Fax: +91 265 2638951
Web: www.birlaericsson.com Web: www.bombardier.com
Head: Mr Y S Lodha Head: Mr Rajeev Jyoti
President President & Managing Director
Annual Turnover in India: US$ 25 mn Annual Turnover in India: US$ 47 mn
Annual Turnover in the World: US$ 25 mn Annual Turnover in the World: US$ 14.8 bn
No of Employees in India: 160 No of Employees in India: 175
No of Employees in the World: 160 No of Employees in the World: 29,104
Swedish Share: 27.50% Swedish Share: N/A

78 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 79


BRANDSYSTEMS PVT LTD CARAN DESIGNS (I) PVT LTD

“Systematic approach towards the brand” is their work technology. Caran is one of the Sweden's largest consultancy firms. Their mission is to
BrandSystems solutions' integrates all aspects of brand-related information strengthen the competitiveness of their clients. They are active in many
and communication to deliver exceptional growth for organizations. The branches of industry, such as vehicles, life science, aviation and
products re-define brand communication through a completely packaging. Caran offers everything from design, strategy and industrial
customized & disciplined approach and help companies to take full development, to the engineering, prototyping and development of
control of their brand. machines and production systems.

Address : No 29, Empire Infantry Address: Ground Floor, South Wing, Neeladri Plaza
Infantry Road No 4, Raja Ram Mohan Roy Road
Bangalore 560 001 Richmond Circle
Tel: + 91 80 66122250 Bangalore 560 025
Fax: +46 8 66122252 Tel: +91 80 64500544
Web: www.brandsystems.com Fax: +46 31 3359602
Head: Mr Alberto Diez Web: www.caran.com
Vice President India Operations Head: Mr Barun Kumar
Annual Turnover in India: US$ 3 mn Country Manager
Annual Turnover in the World: US$ 3 mn Annual Turnover in India: US$ 0.1 mn
No of Employees in India: 40 Annual Turnover in the World: US$ 110 mn
No of Employees in the World: 60 No of Employees in India: 9
Swedish Share: 100% No of Employees in the World: 1,000
Swedish Share: 100%

80 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 81


CAVOTEC (I) LTD CYBERCOM DATAMATICS INFORMATION SOLUTIONS

The Cavotec group specializes in power supply technology for Ports & Stockholm-based Cybercom Group together with Mumbai-based IT
Maritime, Mining & Tunneling, Steel & Aluminium, Energy & Offshore, Airports, consulting and services, and BPO company Datamatics created the 50-50
and General Industry & Automation. Cavotec designs and manufactures a joint venture Cybercom Datamatics Information Solutions. The company
wide range of core products through its highly specialised manufacturing offers best-of-breed telecom solutions through a Center of Excellence and
“Centres of Excellence” and Group Partners, including: motorised cable will cater to customers worldwide. The solutions will include those based on
reels, rail fastening systems, Panzerbelt cable protection systems, slipring Enterprise Java, tool-based Content Management, .Net and E-learning.
columns, aircraft support systems, flexible cables, spring driven reels,
electrical plugs and sockets, cable chain systems, radio remote controls
and automated mooring systems.

Address: B-58, Shivalik Address: Plot No B-5, MIDC


Malaviya Nagar Part B Cross Lane
New Delhi 110 017 Mumbai 400 093
Tel: +91 11 65631544 Tel: +91 22 67108211, 67108702
Fax: +91 11 26645411 Fax: +91 22 28292330
Web: www.cavotec.com Web: www.datamatics.com
Head: Mr J K Srivastava Head: Mr Rahul Kanodia
Managing Director Director
Annual Turnover in India: US$ 0.8 mn Annual Turnover in India: US$ 90 mn
Annual Turnover in the World: US$ 106.6 mn Annual Turnover in the World: US$ 156 mn
No of Employees in India: 4 No of Employees in India: 2,500
No of Employees in the World: 430 No of Employees in the World: 2,950
Swedish Share: 30% Swedish Share: 50%

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DELAVAL PVT LTD DYNAPAC COMPACTION & PAVING EQUIPMENT (I) PVT LTD

DeLaval Pvt Ltd is a group company of Tetra Laval, Sweden with its nerve Dynapac India is a wholly-owned subsidiary of Dynapac AB, Sweden.
centre in Pune and a manufacturing setup at Karad, Maharashtra. Delaval Dynapac is an international manufacturer of compaction and paving
specializes in the areas of milking automation, bulk milk cooling, animal equipment. Since the foundation of the company in 1933, the focus has
care & hygiene and farm supply products. DeLaval is the world's largest been on supplying the best in terms of machine performance and overall
supplier of equipment, systems and accessories for dairy production and economy in the business: the competitive industry of building and
animal husbandry. construction.

Address: A-3, Abhimanshree Society Address : 808, Ansal Bhawan


Dr Homi Bhabha Road 16 Kasturba Gandhi Marg
(Pashan Road), Pune 411 008 New Delhi 110 001
Tel: +91 20 25675881- 82, 25675886 Tel: + 91 11 41520851- 52
Fax: +91 20 25675916 Fax: + 91 11 41520853
Web: www.delaval.com Web: www.dynapac.com
Head: Mr Magnus Oscarsson Head: Mr Manoj Garg
President Managing Director
Annual Turnover in India: US$ 5 mn Annual Turnover in India: US$ 4 mn
Annual Turnover in the World: US$ 800 mn Annual Turnover in the World: US$ 660 mn
No of Employees in India: 80 No of Employees in India: 16
No of Employees in the World: 4,500 No of Employees in the World: 1,900
Swedish Share: 100% Swedish Share: 100%

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ELEKTA MEDICAL SYSTEMS (I) PVT LTD ELETTA FLOW (I) PVT LTD

Elekta is an international medical-technology Group, supplying the most Eletta of Sweden is a world-renowned manufacturer of measurement &
advanced and innovative radiation oncology and neurosurgical solutions control instrumentation for the process industry. The product range includes
for the precise treatment of cancer and various brain disorders. 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. The group has approximately 100 employees and
a presence in Sweden, Switzerland, Germany, China, India and the USA.

Address: 312R, 3rd Floor, Centrum Plaza Address: Business Centre # 18, Logix Park
Sector-53, Golf Course Road A-4, Sector 16
Gurgaon 122 001 Noida 201 301
Tel: +91 124 4633222 Tel: +91 9810031546, +91 120 4366093
Fax: +91 124 4633233 Fax: +91 120 4366098
Web: www.elekta.com Web: www.eletta.com
Head: Mr Percy Shroff Head: Mr Maneesh Parnami
Managing Director Vice President, Marketing, Asia & Pacific
Annual Turnover in India: US$10–20 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 800 mn Annual Turnover in the World: US$ 14 mn
No of Employees in India: 27 No of Employees in India: 1
No of Employees in the World: 1,800 No of Employees in the World: 100
Swedish Share: 100% Swedish Share: N/A

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ELOF HANSSON (I) PVT LTD ERICSSON (I) PVT LTD

Elof Hansson is active worldwide in forestry, industrial and consumer Ericsson has shaped the future of mobile and broadband internet
products. It provides added value in marketing, financing, shipping and risk communications through its technology leadership. It has been associated
management. Products and services include agent identification and with India for over a century. In 1903, the company supplied its first product
marketing of pulp, paper & secondary fibres, chemicals, machinery, to India: manual switchboards to the government. Ericsson’s world-class
clothing and consumables. Elof Hansson supplies specialty chemicals to manufacturing plant near Jaipur, Rajasthan, produces both wireless as well
the pulp & paper and packaging industries. as wireline telecom equipment. Recently, Ericsson inaugurated its first R&D
facility in the country (in Chennai). Ericsson has Global Service Delivery
Centres (GSDC) in Delhi and in Chennai.

Address: New No 149, Chamiers Road Address: Ericsson Forum, DLF Cybercity
Raja Annamalaipuram Sector 25 A
Chennai 600 028 Gurgaon 122 002
Tel: +91 44 24315110 - 15 Tel: +91 124 2560808
Fax: +91 44 24315116 Fax: +91 124 2565454
Web: www.elofhansson.com Web: www.ericsson.com
Head: Mr R Shyam Sunder Head: Mr Mats Granryd
Executive Vice President Head of Market Unit, India and SriLanka
Annual Turnover in India: US$ 3 mn Annual Turnover in India: US$ 1 bn
Annual Turnover in the World: US$ 800 mn Annual Turnover in the World: US$ 25.6 bn
No of Employees in India: 30 No of Employees in India: 2,500
No of Employees in the World: 500 No of Employees in the World: 63,000
Swedish Share: 100% Swedish Share: 100%

88 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 89


FLEXLINK SYSTEM (I) PVT LTD GAC SHIPPING (I) PVT LTD

FlexLink is a knowledge-based company with deep roots in industrial GAC India, part of the GAC Group, opened an office in Kochi in 1983 and
manufacturing, and ideally positioned to meet the growing need for today has offices covering all the major, minor ports and inland container
flexible automated production processes. With more than two decades of depots of the country. GAC India initially started as a shipping agency and
global process knowledge and system experience they have a sense of soon diversified into liner agency, logistic services and correspondent work
drive, initiative and commitment for solving production challenges. Their for P&I clubs. With all shipping and logistic services under one roof, GAC
production logistics knowledge increases process efficiency within: filling, India is well positioned to provide customers with tailor-made solutions to
packaging, machining and assembly. their needs worldwide.

Address: Level 4, Augusta Point Address: PO Box No 515


DLF Golf Course Road, Sector-53 Cochin 682 003
Gurgaon 122 002
Tel: +91 124 4354244 Tel: +91 484 2668372
Fax: +91 124 4354001 Fax: +91 484 2668388
Web: www.flexlink.com Web: www.gacworld.com/india
Head: Mr Rohit Kapur Head: Mr Paul Haegeman
Managing Director Managing Director
Annual Turnover in India: US$ 1.8 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 182 mn Annual Turnover in the World: N/A
No of Employees in India: 4 No of Employees in India: 261
No of Employees in the World: 648 No of Employees in the World: 7,000
Swedish Share: 100% Swedish Share: N/A

90 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 91


GAMBRO (I) PVT LTD GISLEN SOFTWARE PVT LTD

Gambro Renal Products is a global leader in developing and supplying Gislen Software is a Swedish owned, quality conscious software
products, therapies and services for both in-centre care and home care consultancy based in India. They offer competence in enterprise
dialysis, as well as for blood purification in Intensive Care units. Gambro applications and web based solutions (AJAX) in domains such as public
started its operations in India in 1991 through a liaison office and transportation, medical technology etc. They mainly work with
subsequently established a brand office in 2004 as Gambro India Pvt Ltd Scandinavian clients and has staff with the needed cultural experience.
Located in Chennai.

Address: Chitanya Centre, Flat 1D, 1st Floor Address: SDF 2, Unit 27
12/21, Khader Nawaz Khan Road MEPZ, Tambaram
Nungambakkam, Chennai 600 006 Chennai 600 045
Tel: +91 44 28333225 Tel: +91 44 22627541
Fax: +91 44 28330755 Fax: +91 44 22623856
Web: www.gambro.com Web: www.gislen.com
Head: Mr Balaji Rajagopallan Head: Mr Mikael Gislen
General Manager Managing Director
Annual Turnover in India: US$ 5.8 mn Annual Turnover in India: US$ 0.9 mn
Annual Turnover in the World: US$ 1.6 bn Annual Turnover in the World: US$ 0.9 mn
No of Employees in India: 24 No of Employees in India: 40
No of Employees in the World: 21,300 No of Employees in the World: 40
Swedish Share: 100% Swedish Share: 80%

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GUNNEBO (I) LTD H&M HENNES & MAURITZ (I) PVT LTD

Gunnebo is an international security group operating in 30 countries across H&M is a Sweden-based importer established in 1947 in Sweden. At present
the globe and with presence on a further 100 markets through agents and the company operates more than 1,345 own stores in 28 countries. The
distributors. Gunnebo provides integrated security solutions to customers company business concept is “Fashion and Quality at the Best Price”. The
that set high standards on secure cash management, access and annual turnover was 80,081 million SEK (approx. US$ 11 billion) in the
entrance control, site protection and fire protection. Furthermore, financial year 2006. H&M offers a broad and varied range of fashion for
Gunnebo is a world leading supplier of high graded fire and burglary women, men, teenagers & children. It does not have any factories of its
resistant safes. Gunnebo India Ltd has 75 years of expertise in the security own, but works with around 700 independent suppliers. Around 70 percent
business and indigenously manufactures world-class products in its plants in of the production takes place in Asia and the rest, mainly in Europe.
Gujarat and Tamil Nadu.

Address: Lake City Mall 'A', 4th Floor Address: 211, 3rd Floor, Okhla Industrial Estate
Kapurbawdi Junction, Majiwade Phase III
Thane 400 607 New Delhi 110 020
Tel: +91 22 67803500 Tel: +91 11 41694444
Fax: +91 22 67803535 Fax: +91 11 41613585
Web: www.gunnebo.in Web: www.hm.com
Head: Mr Nicholas Roberts Head: Mr Anoop Nautiyal
Country Manager Country Manager
Annual Turnover in India: US$ 22 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 900 mn Annual Turnover in the World: US$ 11 bn
No of Employees in India: 780 No of Employees in India: 95
No of Employees in the World: 6,800 No of Employees in the World: 60,000
Swedish Share: 95% Swedish Share: N/A

94 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 95


HAGGLUNDS DRIVES (I) PVT LTD HALDEX (I) LTD

Hägglunds Drives India Pvt Ltd is a 100% subsidiary of Hägglunds Drives AB, Haldex India Ltd is a 60/40 joint venture between Haldex of Sweden and the
Sweden, which is the world’s foremost suppliers of low speed, high torque Anand Automotive Systems in India. Haldex is a global leader in truck, car
hydraulic drive systems for industrial and marine applications. These and industrial vehicle components. It has over 50% of world market for
systems are used for material handling, mining, cement, steel, power brake components in heavy vehicle segment. The Anand Automotive
plants, sugar, pulp & paper, marine & offshore, rubber, plastics & chemical Systems is a leading manufacturer of automotive components in India
industries etc. The company in India is responsible for sales & marketing, supplying components to almost every vehicle and engine manufacturer
technical support, commercial handling and aftermarket support. in India.

Address: 18/4 & 19/4 Address: B-71, MIDC Ambad


Hadapsar Industrial Estate Nashik 422 010
Pune 411 013
Tel: +91 20 26813841 - 42 Tel: +91 253 2380091 - 93
Fax: +91 20 26813844 Fax: +91 253 2380729
Web: www.hagglunds.com Web: www.haldex.com
Head: Mr Arvind Singhal Head: Mr Ganesh Pai
Managing Director COO
Annual Turnover in India: US$ 11.5 mn Annual Turnover in India: US$ 10.5 mn
Annual Turnover in the World: US$ 230 mn Annual Turnover in the World: US$ 1.1 bn
No of Employees in India: 21 No of Employees in India: 115
No of Employees in the World: 670 No of Employees in the World: 4,683
Swedish Share: 100% Swedish Share: 60%

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HIAB LOAD HANDLING EQUIPMENT PVT LTD HÖGANÄS (I) LTD

HIAB is a world leader in load handling solutions for the truck industry. In India Höganäs India Limited is a subsidiary of Swedish multinational Höganäs AB.
it has just commenced its operations to market and provide after sales Höganäs is the world leader in the field of powder metallurgy, offering a
support to their products in India and neighboring countries. Their products wide range of iron powder and high alloy metal powder solutions for
are HIAB truck mounted cranes, MULTILIFT hook lifts, ZEPRO tail lifts and automotive and other industries. These powders enjoy developmental
MOFFET truck mounted fork lifts. leadership in production processes with the key benefit of lower total cost
coupled with consistent high quality.

Address: 60/1, Coles Road Street Address: Ganga Commerce, 4 North Main Road
Fraser Town Koregaon Park
Bangalore 560 005 Pune 411 001
Tel: +91 80 41524861 - 62 Tel: +91 20 66030171
Fax: +91 80 41524863 Fax: +91 20 66030188
Web: www.hiab.com Web: www.hoganas.com
Head: Mr S Srinivas Head: Mr B P Vaidya
Managing Director Executive Director
Annual Turnover in India: US$ 0.1 mn Annual Turnover in India: US$ 22.4 mn
Annual Turnover in the World: US$ 1.1 bn Annual Turnover in the World: US$ 700 mn
No of Employees in India: 12 No of Employees in India: 76
No of Employees in the World: 3,400 No of Employees in the World: 1,600
Swedish Share: 100% Swedish Share: 97.98%

98 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 99


IBI CHEMATUR ENGG & CONSULTANCY LTD IFS SOLUTIONS (I) PVT LTD

IBI Chematur Engineering and Consultancy Ltd is a joint venture Company IFS, the global enterprise applications company, provides solutions which
between IBI Mumbai India and Chematur Engineering AB (CEAB), Karlskoga enable organizations to respond quickly to market changes. IFS was
Sweden. IBI Chematur is in operation for the last 40 years and is in the founded in 1983 and now has 2,600 employees worldwide. IFS has
business of carrying out Detailed Engineering works of Chemical and Petro pioneered component-based ERP software with IFS Applications. IFS
Chemical Projects. The company is equipped with most modern Applications is available in 54 countries in 22 languages. IFS has over
engineering tools viz: PDS-3D, PV-Elite, INTOOLS, e-Tank, Smart Sketch, 600,000 users across seven key vertical sectors: aerospace & defense;
Microstation, Auto CAD etc. Its clients list includes Narmada Chematur automotive; high-tech; industrial manufacturing; process industries;
Petro-Chemical Ltd (NCPL) Bharuch Gujarat, Deepak Fertilizer, Taloja, construction, contracting & service management and utilities & telecom.
Maharashtra and Gujarat Alkalies & Chemicals Ltd Vadodara.

Address: S-86 IBI House, Andheri Kurla Road Address: 2nd Floor, A-2E, CMA Building
Marol Naka, Chimatpada Sector 24, Institutional Area
Mumbai 400 059 Noida 201 301
Tel: +91 22 28505152 Tel: +91 120 2411858, 2411865
Fax: +91 22 28503153 Fax: +91 120 2411862
Web: www.ibichematur.com Web: www.ifsworld.com
Head: Mr Dinesh Shah Head: Dr Chandan Chowdhury
Managing Director CEO
Annual Turnover in India: US$ 3.5 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 70 mn Annual Turnover in the World: US$ 328 mn
No of Employees in India: 72 No of Employees in India: 100
No of Employees in the World: 160 No of Employees in the World: 2,630
Swedish Share: 25% Swedish Share: 100%

100 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 101


IKEA TRADING (I) PVT LTD INDISKA INDIA EXPORT SERVICES PVT LTD

IKEA is the leading Swedish Home Furnishings retailer with 210 IKEA stores in Indiska India Export Services Pvt Ltd is a Pvt Ltd company registered under
24 countries and 45 trading offices in 31 countries. In South Asia, IKEA's the Indian companies act. Indiska India Export Services Pvt Ltd acts as a
trading office is headquartered in New Delhi, India, with regional offices in buying & controlling office for Indiska Magasinet AB, Sweden.
Chennai (India), Dhaka (Bangladesh) and Karachi (Pakistan). Trading
operations in India started in 1989. IKEA South Asia employs around 150 co-
workers. From the region, IKEA purchases articles ranging from textiles, rugs,
lighting articles, metal & plastic articles and nature materials. South Asia is a
growing purchasing market and IKEA continuously looks for new business
opportunities and potential suppliers.

Address: DLF Infinity, Tower A, 8th Floor Address: 19, Interlink Industrial Estate, Caves Road
DLF Cybercity, Sector 25 Jogeshwari East
Gurgaon 122 002 Mumbai 400 060
Tel: +91 124 4325000 Tel: +91 22 28365944, 28367920
Fax: +91 124 4325000 Fax: +91 22 28365081
Web: www.ikea.com Web: www.indiska.se
Head: Mr Peter Wisbeck Head: Mr K P R Ramachandran Nair
Regional Manager – IKEA South Asia Managing Director
Annual Turnover in India: N/A Annual Turnover in India: N/A
Annual Turnover in the World: US$ 23.5 bn Annual Turnover in the World: N/A
No of Employees in India: 150 No of Employees in India: 42
No of Employees in the World: 100,000 No of Employees in the World: N/A
Swedish Share: N/A Swedish Share: 100%

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INDPRO LTD ISS INTEGRATED FACILITY SERVICES PVT LTD

Indpro is a Swedish company that provides global IT resource solutions, ISS has over four hundred B-2-B customers where integrated facility services,
specializing in distributed software development and production. Indpro is cleaning, office support services, property services and catering services
a company based in Sweden with a branch office in Bangalore, India. have been successfully provided by us, helping the customer reduce costs
Indpro provides global development and resource solutions for the Nordic and focus on their core business. The partnership evolves from ISS' ability to
IT market for digital products and services. Indpro’s business idea is to combine people, methods and management.
provide IT solutions to a cost, flexibility and quality that is not possible within
their clients own organization.

Address: 18, New BEL Road Address: 3B, 3rd Floor, Gold Line Business Centre
ITI Layout New Link Road, Malad (W)
Bangalore 560 054 Mumbai 400 064
Tel: +91 80 23607856 Tel: +91 22 28797505 - 06
Fax: +46 8 4581106 Fax: +91 22 28787002
Web: www.indpro.se Web: www.iss.in
Head: Mr Pavel Siddique Head: Mr K J Jolly
Managing Director Country Manager
Annual Turnover in India: N/A Annual Turnover in India: US$ 9.5 mn
Annual Turnover in the World: US$ 1.4 mn Annual Turnover in the World: US$ 8 bn
No of Employees in India: 48 No of Employees in India: 5,500
No of Employees in the World: 55 No of Employees in the World: 410,000
Swedish Share: 100% Swedish Share: N/A

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ITT CORPORATION (I) PVT LTD KAHRS IMPEX PVT LTD

ITT is the world's premier supplier of fluid systems and solutions to move and Kährs is a world-renowned Swedish brand that has been working with wood
control water and other fluids. Our customers are looking for efficient and since 1857. Kährs invented the Multi layered Engineered Wood Floors in the
durable solutions for their clean water, wastewater, building trades, mining, early 1940's and today market these floors globally with their presence in
power, chemical processing, pulp & paper, oil & gas, agriculture, more than 40 countries. Kährs have their own subsidiary, established in India
bio/pharmaceutical, and leisure marine businesses. since early 2007, to market their products to the Indian sub-continent and
countries in the Middle East. Kährs floors are available in all the major
markets through a network of committed dealers and retailers.

Address: Lakeside Chalet, Appt 607 Address: D 126, II Floor


#2&3B, Near Chinmayanand Ashram Okhla Industrial Area Phase I
Powai, Mumbai 400 087 New Delhi 110 020
Tel: +91 9920398419 Tel: +91 11 40573031
Fax: N/A Fax: +91 11 41731921
Web: www.flygt.com Web: www.kahrs.com
Head: Mr Gunnar Berggren Head: Mr Anil Tyagi
Resident Engineer - Flygt Managing Director
Annual Turnover in India: US$ 10 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 2.9 bn Annual Turnover in the World: US$ 300 mn
No of Employees in India: 4 No of Employees in India: 2
No of Employees in the World: 12,000 No of Employees in the World: 1,360
Swedish Share: 100% Swedish Share: 100%

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KALMAR (I) PVT LTD KAPPAHL FAR EAST LTD

Kalmar India Pvt Ltd is a subsidiary of Kalmar Industries AB, Sweden. Kalmar is KappAhl has been present in India for several years and utilizes the
a global provider of container and heavy duty materials handling production of both jersey and woven garments as well as accessories.
equipment, automation applications and related services and is the world's KappAhl works in a close relation with vendors to ensure both environmental
leading supplier of cargo handling equipment to ports, heavy industries, as well as code-of-conduct related issues.
terminals and intermodal facilities. Kalmar is a part of Cargotec
Corporation. In 2006, cargotec's net sales exceeded MEUR 2.6.

Address : 707, Great Eastern Summit B Address: 203, II Floor


Sec 15, CBD Belapur Solitaire Plaza, MG Road
Navi Mumbai 400 703 Gurgaon
Tel: +91 22 27582222 - 26 Tel: +91 124 4557800
Fax: +91 22 27582227 Fax: +91 124 4557878
Web: www.kalmarind.com Web: www.kappahl.com
Head: Mr Vijay Kumar Head: Ms Maysa Kurdali
Managing Director Country Manager
Annual Turnover in India : US$ 1.6 mn Annual Turnover in India: US$ 7.7 mn
Annual Turnover in the World: US$ 1.5 bn Annual Turnover in the World: US$ 560 mn
No of Employees in India: 95 No of Employees in India: 15
No of Employees in the World: 3,900 No of Employees in the World: 3,700
Swedish Share: 51% Swedish Share: Liaison Office

108 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 109


LINDEX (I) PVT LTD LIV MEDICA EQUIPMENT PVT LTD

Lindex is one of the leading fashion chains in northern Europe for ladies, girls, Liv Medica Products Pvt Ltd is an organization established in the year 1999,
boys and babies with over 350 stores in Sweden, Norway, Finland, Estonia with the primary objective of producing and supplying quality First Aid Kits
and Latvia states. Lindex has its head-office in Gothenburg. Lindex India Worldwide. Under 2006 the company has changed the shareholding
Liaison office (current company name) started in July 2000 to facilitate structure and name, to Liv Medica Equipment Pvt Ltd. Their product is CE
sourcing requirements out of India. In India, Lindex is sourcing from Registered and approved by US FDA and we have implemented ISO 9001-
manufacturers in NCR, Tirupur, Bangalore, Mumbai and Chennai. 2000 as well as ISO 13485. We are exporting to World Class customer like St
Johns Ambulance, American Red Cross and other leading First Aid
Organizations World Wide.

Address: 19, 2nd Floor, Okhla Industrial Estate Address: B-26, Phase 2
Phase III MEPZ Tambaram
New Delhi 110 020 Chennai 600 045
Tel: +91 11 41664134 - 35, 41664198 - 99 Tel: +91 44 22621531, 22621231
Fax: +91 11 41664136 Fax: +91 44 22628485
Web: www.lindex.com Web: www.livmedica.com
Head: Ms Mridula Dixit Head: Mr Conny Blom
Country Manager Managing Director
Annual Turnover in India: N/A Annual Turnover in India: US$ 0.1 mn
Annual Turnover in the World: US$ 760 mn Annual Turnover in the World: US$ 2.7 mn
No of Employees in India: 16 No of Employees in India: 250
No of Employees in the World: 5,000 No of Employees in the World: N/A
Swedish Share: 100% Swedish Share: 40%

110 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 111


MAQUET MEDICAL (I) PVT LTD MERCURI GOLDMANN (I) PVT LTD

Maquet Medical India Pvt Ltd was formed in the year 2004 as a part of Mercuri International is the world's largest organization in the area of
Getinge Medical Systems growth initiatives in Asia. Today, its is a well customer interaction management training and consulting. Its expertise
established corporate platform for the Getinge Group's activities in India. lies in helping organizations enhance their competitive advantage through
With headquarters in Mumbai & regional offices in Bangalore, Delhi, people and processes in Sales, Sales Management and Customer Service.
Kolkatta & Mumbai – Maquet Medical India Pvt Ltd is a local partner for Headquartered in Sweden, it operates in 44 countries partnering with
supporting Getinge Groups customers – in Healthcare. leading companies in organizational development.

Address: 102, Pressman House, 70 A Nehru Road Address: 1217, 4th Cross
Vile Parle East 1st Block, HAL III Stage
Mumbai 400 099 Bangalore 560 075
Tel: + 91 22 66755551 - 53 Tel: +91 80 25262053, 25296568, 25260192
Fax: + 91 22 67021114 Fax: +91 80 25278492
Web: www.maquet.com Web: www.mercuriindia.com
Head: Mr Ashim Purohit Head: Mr S Ravi
CEO Managing Director
Annual Turnover in India: US$ 16 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 1.7 bn Annual Turnover in the World: N/A
No of Employees in India: 50 No of Employees in India: 26
No of Employees in the World: 7,362 No of Employees in the World: 1,000
Swedish Share: 100% Swedish Share: 40%

112 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 113


NATURELLEMENT NEFAB (I) PVT LTD

Naturellement began its venture in 1991 in the international township of NEFAB delivers complete packaging solutions to international industrial
Auroville, south India. It produces high quality gourmet food of international groups, primarily within the telecom equipment and automotive industries.
standards. The Company's founder, Martina Ljungquist, introduced expertise The NEFAB Group currently has operations in 35 countries across Europe,
in European cuisines, management know-how, high standards of hygiene North and South America and Asia. Due to the increased demand in India
and worker welfare. Naturellement aims to produce high quality organic for their products and services, they have established a private limited
food products, giving self-empowering work and training to local women. 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. NEFAB’s vision is to be the
Global Partners for Complete Packaging Solutions.

Address: Udyogam Address: 401, Fouth Floor, A Wing, Galleria Building


Auroville 605 101 Hiranandani Gardens, Powai
Mumbai 400 076
Tel: +91 413 2622034, 2623267 Tel : +91 22 67108862
Fax: +91 413 2623267 Fax: +91 22 67108861
Web: N/A Web: www.nefab.com
Head: Ms Martina Ljungquist Head: Mr Ravindra Shenoy
Managing Director Managing Director
Annual Turnover in India : US$ 0.2 mn Annual Turnover in India: N/A
Annual Turnover in the World: N/A Annual Turnover in the World: US$ 280 mn
No of Employees in India: 26 No of Employees in India: 12
No of Employees in the World: 26 No of Employees in the World: 1,880
Swedish Share: N/A Swedish Share: 100%

114 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 115


NOBEL BIOCARE (I) PVT LTD ORIFLAME (I) PVT LTD

Nobel Biocare is the world leader in innovative esthetic dental solutions Oriflame India Private Limited, a 100% subsidiary of Oriflame, is one of the
based on science. It is a one-stop shop for restorative esthetic dentistry, first MNCs to enter India since the market opened. It has operated in India
offering a wide range of innovative Crown & Bridge & Implant products, as for ten years. Founded in 1967, Oriflame is a cosmetics company with
well as training and education, patient information and clinically direct sales in 56 countries. It offers a complete range of natural skincare,
documented treatment concepts. Nobel Biocare is domiciled in Zurich, fragrances and color cosmetics, through a sales force of over 1.6 million
Switzerland with headquarters in Zurich and Gothenburg, Sweden. The independent sales consultants. Listed on the Stockholm Stock Exchange,
company has four production sites in Sweden and the US, and direct sales Oriflame is a co- founder of World Childhood Foundation.
organizations in 34 countries.

Address: 5th Floor, Dheeraj Arma Address: 275 First Floor


Anant Kanekar Marg, Station Road Piccadilly House, Capt Gaur Marg
Bandra (E), Mumbai 400 051 Srinivaspuri, New Delhi 110 065
Tel: +91 22 67519999 Tel: +91 11 41551440
Fax: +91 22 67519900 Fax: +91 11 41551465
Web: www.nobelbiocare.com Web: www.oriflame.co.in
Head: Mr Sameer Bhat Head: Mr Fredrik Widel
Country Manager Managing Director
Annual Turnover in India: N/A Annual Turnover in India: N/A
Annual Turnover in the World: US$ 808 mn Annual Turnover in the World: US$ 976.3 mn
No of Employees in India: 20 No of Employees in India: 210
No of Employees in the World: 2,100 No of Employees in the World: 5,000
Swedish Share: N/A Swedish Share: N/A

116 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 117


PERGO (I) PVT LTD PERSTORP CHEMICALS (I) PVT LTD

Pergo India Pvt Ltd is a subsidiary of Pergo AB. Pergo invented laminate Perstorp is the leading company within its niche of the specialty chemicals
flooring and now operates in over 35 countries. It is the world's leading market and materials technology market. Perstorp conducts
laminate flooring brand with over 40% market share in all markets. In India, manufacturing operations in eight countries in Europe, North America and
Pergo has clients ranging from the hospitality industry to interior decorators. Asia. Perstorp is controlled by Industri Kapital 2000 Fund, one of Europe's
Pergo operates in 25 cities and has a network of over 90 dealers. leading private equity firms.

Address: 55, Dr E Moses Road Address : Coral Classic, 4th Floor, 20th Road
Worli Chembur
Mumbai 400 018 Mumbai 400 071
Tel: +91 22 66627901 - 04 Tel: +91 22 25275183 - 86
Fax: +91 22 24918580 Fax: +91 22 25298827
Web: www.pergo.com Web: www.perstorp.com
Head: Mr K R Shivshankar Head: Mr Magnus Armtoft
CEO Managing Director
Annual Turnover in India: US$ 10 mn Annual Turnover in India: US$ 26 mn
Annual Turnover in the World: US$ 430 mn Annual Turnover in the World: US$ 1.1 bn
No of Employees in India: 25 No of Employees in India: 246
No of Employees in the World: 800 No of Employees in the World: 1,675
Swedish Share: 50% Swedish Share: 100%

118 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 119


PKL LTD PORTWISE APAC PVT LTD

PKL has a long standing co-operation with Primus AB and Sievert AB of Trusted Identity and Access Management specialist PortWise, provides a
Sweden. PKL is a pioneer in LPG based appliances and LPG distribution in comprehensive, integrated and secure software platform protecting the
India and is also the primary base for manufacturing Primus/Sievert integrity of employee, partner, or consumer interactions with corporate
products distributed worldwide. PKL manufactures and markets world class applications and data across the internet. PortWise enables organizations
products such as portable lanterns, gas stoves, barbecues and industrial to protect the integrity of their systems with convenient, low-cost, mobile
torches. PKL also distributes a range of home appliances under its own two-factor authentication, and in-depth device security. In a world ridden
brand names. with identity theft and corporate espionage, PortWise protects over 400
organizations and 6 million users.

Address: 8-3-1087, Plot No 48 Address: 303, Nilambari Apartment


Srinagar Colony Belapur Road, Vithawa, Kalwa
Hyderabad 500 073 Thane 400 605
Tel: +91 40 23746745, 66630005 Tel: +91 9820620789
Fax: +91 40 23741096 Fax: +46 8 6425399
Web: www.pkl.co.in Web: www.portwise.com
Head: Mr B Shankar Head: Mr Kshitij Nagle
Executive Chairman Director APAC
Annual Turnover in India: US$ 4.5 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 7.1 mn Annual Turnover in the World: N/A
No of Employees in India: 228 No of Employees in India: 12
No of Employees in the World: 228 No of Employees in the World: 120
Swedish Share: 18.5% Swedish Share: 100%

120 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 121


ROSEMOUNT TANK GAUGING (I) PVT LTD ROXTEC (I) PVT LTD

Rosemount Tank Gauging India Pvt Ltd, is a subsidiary of Rosemount Tank Roxtec is the leading global manufacturer of cable and pipe inlet sealing
Radar AB, Sweden. It manufactures inventory management systems based systems. Its unique technology allows customized sealing solutions for a
on radar level measuring systems. In India, the company is involved in perfect fit. Its solutions give full protection against tough weather conditions
Marketing, Sales, Project Engineering, Project Execution & Service Support and rodents. Its customers are found in telecom, shipbuilding, offshore,
after sales. Rosemount is an ISO 9001 and ISO 14001 certified company railway, power and other industries.
and has been granted a number of different patents. It is the world leader in
Radar based Tank Level Gauging.

Address: 202-D, Choice Arcade Address D-65, Udyog Vihar


Dhole Patil Road Phase V
Pune 411 001 Gurgaon 122 016
Tel: +91 20 66023747 Tel: +91 124 4006142
Fax: +91 20 66024747 Fax: +91 124 4006140
Web: www.tankradar.in Web: www.roxtec.com
Head: Mr Deepak Vyawahare Head: Mr Carl-Gustav Mattson
Executive Director Managing Director
Annual Turnover in India: US$ 0.5 mn Annual Turnover in India: US$ 5 mn
Annual Turnover in the World: US$ 138.4 mn Annual Turnover in the World: US$ 100 mn
No of Employees in India: 15 No of Employees in India: 20
No of Employees in the World: 434 No of Employees in the World: 100
Swedish Share: 60% Swedish Share: N/A

122 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 123


SANDVIK ASIA LTD SANSONVEE VENTURES (I) PVT LTD

Sandvik is a high-technology, Engineering Group with advanced products Sansonvee was founded in 1995 to facilitate technology transfer from
and world leading positions in selected areas such as Tools for Swedish/European companies to India. It has since diversified into other
Metalworking, Machinery and Tools for Rock Excavation, Stainless Steel, business promotion services including activities relating to representation of
Special Alloys, Electrical Resistance & Thermal Insulation materials as well Swedish and Indian companies. They have offices in Bangalore, India and
as Process and Sorting systems. The Indian subsidiary Sandvik Asia Ltd has its Stockholm, Sweden.
headquarters at Pune and production facilities at Pune, Mehsana,
Patancheru, Hosur and Chiplun with Design Centres at Pune, Delhi, Kolkata
and Bangalore.

Address: Mumbai Pune Road Address: No 10, Naveen Complex


Dapodi 13th Main, Vasanthnagar
Pune 411 012 Bangalore 560 052
Tel: +91 20 27104800 Tel: +91 80 22253263
Fax: +91 20 27145339 Fax: N/A
Web: www.sandvik.com/in Web: N/A
Head: Mr Håkan Kingstedt Head: Mr S R Vijay
Managing Director & President Managing Director
Annual Turnover in India: US$ 235 mn Annual Turnover in India: N/A
Annual Turnover in the World: US$ 10 bn Annual Turnover in the World: N/A
No of Employees in India: 1,500 No of Employees in India: 4
No of Employees in the World: 42,000 No of Employees in the World: N/A
Swedish Share: 97 % Swedish Share: 30%

124 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 125


SCA HYGIENE PRODUCTS AB BRANCH OFFICE INDIA SECO TOOLS (I) PVT LTD

SCA Hygiene Products AB is a group company of SCA, a global consumer Seco Tools develops, manufactures and markets metal cutting products
and paper company that develops, produces and markets disposable and solutions that satisfy customer requirements on quality, service and
personal care products, tissue, packaging solutions, publication papers cost efficiency. The product portfolio consists of solutions for milling, turning,
and solid wood products. SCA conducts operations with sales in over 90 hole making, holding and tool presetting products. With headquarters and
countries and production in about 40. More than half of the sales are production plant in Pune, Seco Tools India manufactures turning
consumer products within personal care, tissue and packaging solutions, toolholders, milling cutters and carbide inserts for the local and global
where the end users are individuals and households. SCA's best known markets.
brands include TENA, Tork, Edet, Zewa, Libero and Libresse.

Address : Pirojshanagar Address: Gat No 582, Pune Nagar Road


Eastern Express Highway, Vikhroli (E) Koregaon Bhima
Mumbai 400 076 Tal Shirur, Dist Pune 412 216
Tel: +91 22 67049771 Tel: +91 2137 667300
Fax: +91 22 67049771 Fax: +91 2137 667410
Web: www.sca.com Web: www.secotools.com/in
Head: Mr Samir Prasad Head: Mr Thierry Cros
Commercial Director Managing Director
Annual Turnover in India: N/A Annual Turnover in India: US$ 22 mn
Annual Turnover in the World: US$ 14 bn Annual Turnover in the World: US$ 803 mn
No of Employees in India: 2 No of Employees in India: 235
Employee worldwide: 56,000 No of Employees in the World: 4,100
Swedish Share: Branch Office Swedish Share: 100%

126 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 127


SIGNIFIKANT SOFTWARE SOLUTIONS PVT LTD SKF (I) LTD

Signifikant Software Solution is an IT service provider specialized in SKF India, a part of the SKF group, is the leading supplier of products,
automobile industry offering competence in enterprise application, e- solutions & services in the area of rolling bearings, seals, mechatronics,
business, web development and software quality testing. Signifikant delivers services & lubrication systems. With over 200 distributors, the services
IT-services within systems development, maintenance and ALM tools portfolio includes maintenance services, condition monitoring & training.
support. The company works with administrative, web based solutions for SKF has three factories in India, located in Pune and Bangalore.
customers within the manufacturing and finance industries. For
manufacturers, they provide the software solution called Assert that
supports their after-sales processes.

Address: D/302, Remi Bizcourt Address: Mahatma Gandhi Memorial Building


Off Veera Desai Road, Andheri(W) Netaji Subhash Road
Mumbai 400 053 Mumbai 400 002
Tel: +91 22 66962547, 66953103 Tel: +91 22 66337777
Fax: +91 22 66953103 Fax: +91 22 22819074
Web: www.signifikant.se Web: www.skfindia.com
Head: Mr Henry Machado Head: Mr Rakesh Makhija
Managing Director Managing Director
Annual Turnover in India: US$ 0.1 mn Annual Turnover in India: US$ 320 mn
Annual Turnover in the World: N/A Annual Turnover in the World: US$ 7.2 bn
No of Employees in India: 15 No of Employees in India: 2,200
No of Employees in the World: 33 No of Employees in the World: 38,748
Swedish Share: 70% Swedish Share: 53.8%

128 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 129


SMARTTRUST INFOSOLUTIONS PVT LTD SONY ERICSSON MOBILE COMMUNICATIONS (I) PVT LTD

Nearly 200 mobile networks around the world rely on SmartTrust's Mobile Sony Ericsson Mobile Communications serves the global communications
Device Management and Value-Added Services solutions to better market with innovative and feature rich mobile phones, accessories, PC-
manage subscribers, their handsets and access to mobile services. With cards and M2M solutions. Established as a project venture by Ericsson and
more than a decade of experience in the mobile communications Sony in 2001, with headquarters in London, the company employs
industry, customers include Vodafone, O2 UK, Telenor, Sonofon, Cosmote, approximately 5,000 people worldwide. It has R&D sites in Europe, Japan,
MTN, T-Mobile, Cingular Wireless, Brasil Telecom GSM, Claro, BSNL, Bharti China and America.
Airtel, SMART Communications, M1 and Indosat. The company is
headquartered in Sweden with a regional presence across Europe, Asia
and the Americas.

Address: A-16 Address: DLF Cybercity


Sector 16 Sector 25 A
Noida 201 301 Gurgaon 122 002
Tel: +91 120 4017200 Tel: +91 124 2560808, 5080808
Fax: +91 120 4017291 Fax: +91 124 2565456
Web: www.smarttrust.com Web: www.sonyericsson.com
Head: Mr Sharad Arora Head: Mr Sudhin Mathur
General Manager, APAC General Manager
Annual Turnover in India: N/A Annual Turnover in India: N/A
Annual Turnover in the World: N/A Annual Turnover in the World: US$ 11 bn
No of Employees in India: 16 No of Employees in India: 50
No of Employees in the World: 180 No of Employees in the World: 5,000
Swedish Share: 99% Swedish Share: 50%

130 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 131


SPM INSTRUMENT (I) PVT LTD STORAENSO (I) BRANCH OFFICE

SPM Instruments India Private Limited is a joint venture company in which StoraEnso is the largest paper and board producing company globally. Its
SPM Instrument AB, based in Strängnäs, Sweden, holds 51% equity. The main products are publication & fine papers, packaging boards and wood
Indian company manufactures and markets electronic instruments and products. The group is a global market leader in these areas and is present
systems based on Swedish designs for predictive maintenance in various in more than 40 countries around the world. StoraEnso's shares are listed in
industries. SPM Instruments AB is ISO 9001 certified. Helsinki, Stockholm and New York. StoraEnso India is the Branch office of
StoraEnso OYJ, Finland. The company is responsible for sales of all
StoraEnso products in India, Sri Lanka, Bangladesh & Nepal. StoraEnso India
has witnessed dramatic growth in sales of its products in the Indian Sub-
continent.

Address: 7-1-27/1, First Floor, B Block Address: 10th Floor, Block-B, Vatika Towers
Srinivasa complex, Ameerpet Sector 54, Near DLF Golf Course Road
Hyderabad 500 016 Gurgaon 122 002
Tel: +91 40 23731264, 23730644, 23730003 Tel: +91 124 4063748
Fax: +91 40 23731314 Fax: N/A
Web: www.spminstrument.com Web: www.storaenso.com
Head: Mr Surender K Mehta Head: Mr Naveen Badhwar
Managing Director Managing Director
Annual Turnover in India: US$ 1.8 mn Annual Turnover in India: N/A
Annual Turnover in the World: N/A Annual Turnover in the World: US$ 17.8 bn
No of Employees in India: 65 No of Employees in India: 7
No of Employees in the World: 65 No of Employees in the World: 45,000
Swedish Share: 51% Swedish Share: N/A

132 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 133


SVENSKA HANDELSBANKEN SYNTENSIA NETWORK SECURITY (I) PVT LTD

Handelsbanken conducts universal banking operations in the Nordic Syntensia, a European Company headquartered in Sweden is a pioneer in
countries, Great Britain, Germany and Poland. In Asia the bank operates in Security on-demand solution sold on subscription basis. Syntensia focuses
China, Hong Kong, Taiwan, Singapore and Malaysia. The Indian office on providing best of the breed security technologies for SOHO and SMB
supports customers doing business in India by providing access to bank markets. The unique subscription model allows organizations to eliminate
accounts and necessary credits. Imports and exports to/from India upfront costs, provides a predictable security cost structure, ensures quality
requiring Letters of Credits or Guarantees is facilitated by the banks of service, and allows the freedom to reevaluate the solution decision at
experienced Trade Finance teams. The bank offers financing for large almost any time. Syntensia's White Knight appliance protects organizations
Indian-related export deals and infrastructure projects. from common security threats from Internet by providing an all-in-one
solution for network security.

Address: 6th floor, Housefin Bhavan Address : No 4, Annapoorna, 1st Floor


C21, Bandra Kurla Complex 1st Main, GM Palya, New Thippasandra
Bandra East, Mumbai 400 051 Bangalore 560 075
Tel: +91 22 26573826 -27 Tel: +91 80 41681282
Fax: +91 22 26573829 Fax: +91 80 41201422
Web: www.handelsbanken.com/in Web: www.syntensia.com
Head: Mr John Ödmann Head: Mr Anil Zuitshi
Vice President & Chief Representative Sales Director - Indian Subcontinent
Annual Turnover in India: N/A Annual Turnover in India: N/A
Annual Turnover in the World: US$ 4.2 bn Annual Turnover in the World: N/A
No of Employees in India: 2 No of Employees in India: 40+
No of Employees in the World: 10,000 No of Employees in the World: N/A
Swedish Share: Liaison office Swedish Share: N/A

134 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 135


SYSTEMAIR FANS PVT LTD TELELOGIC (I) PVT LTD

®
Systemair develops, manufactures and delivers ventilation products like Telelogic is a leading global provider of solutions for automating and
duct fans, roof fans, smoke extract fans, diffusers, jet fans for Car Parks, air supporting best practices across the enterprise, from powerful modeling of
curtains and ventilation accessories. The Group head office and the largest business processes and enterprise architectures to requirement-driven
production plant are located in Skinnskatteberg, Sweden. They have a development of advanced systems and software. Headquartered in
strong focus on quality and development. At the head office, they have Malmö, Sweden with US headquarters in Irvine, California, Telelogic has
one of Europe's most modern R&D centre as a base for their product operations in 20 countries worldwide.
development.

Address: Flat No 4602, Plot No 7 Address: No 72, Salarpuria Pearl, Civil Station
Sector 6, Dwarka Residency Road Cross
New Delhi 110 075 Bangalore 560 025
Tel: +91 9871566133 Tel: +91 80 41124441
Fax: +91 11 42740209 Fax: +91 80 25325138
Web: www.systemair.com Web: www.telelogic.com
Head: Mr Gaurav Vasudev Head: Mr Sidharth Malik
Marketing Director Managing Director
Annual Turnover in India: N/A Annual Turnover in India: N/A
Annual Turnover in the World: N/A Annual Turnover in the World: US$ 220 mn
No of Employees in India: 3 No of Employees in India: 267
No of Employees in the World: 1,565 No of Employees in the World: 1,138
Swedish Share: 100% Swedish Share: N/A

136 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 137


TELEOPTI INDIA TETRA PAK (I) PVT LTD

Te ra Pak
protects w ha t s good TM

Teleopti is a world-leading supplier of support systems and services for Tetra Pak offers packaging & processing solutions for Dairy, Beverage and
telephony and contact centres. The company is renowned for developing other liquid foods. Key customers in India include Mother Dairy Foods
advanced solutions from customer requirements. Teleopti CCC and Processed Foods Ltd; Gujarat Co-operative Milk Marketing Federation
Teleopti Pro are supplied to many parts of Europe via a network of partners. limited (GCMMFL) & Karnataka Milk Federation (KMF), Nestle, Dabur Foods,
Hundreds of companies in Europe use Teleopti solutions to increase their Tropicana Beverages Company, Surya Foods, Parle Agro, Hindustan Coca
efficiency and service levels. Teleopti, established in 1992, has offices in Cola Beverages Pvt Ltd, Godrej Industries & Rasna Pvt Ltd.
Stockholm, Strängnäs, Malmö, Oslo, London, and New Delhi.

Address: Level-4, Augusta Point Address: 5th Floor, Tower "C”, Global Business Park
DLF Golf Course Road, Sector 53 Mehrauli - Gurgaon Road
Gurgaon 122 002 Gurgaon 122 002
Tel: +91 124 4354173 Tel: +91 124 2565630
Fax: +91 124 4354001 Fax: +91 124 4064308
Web: www.teleopti.com Web: www.tetrapak.com
Head: Mr Sanjay Puri Head: Mr Peter Hane-Weijman
Business Manager - Asia & Middle East Managing Director
Annual Turnover in India: N/A Annual Turnover in India: US$ 70 mn
Annual Turnover in the World: US$ 12 mn Annual Turnover in the World: US$ 11 bn
No of Employees in India: 5 No of Employees in India: 274
No of Employees in the World: 70 No of Employees in the World: 20,250
Swedish Share: 100% Swedish Share: 100%

138 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 139


TIETOENATOR SOFTWARE TECHNOLOGIES PVT LTD TRAVELSTART (I) PVT LTD

TietoEnator Software Technologies Pvt Ltd (TEI) is a fully owned subsidiary of Travelstart India Pvt Ltd is a newly formed subsidiary to the Swedish based
the TietoEnator Corporation. TietoEnator Software Technologies Pvt Ltd (TEI) is company Travelstart Nordic AB. Travelstart is an innovator in travel
one of the captive software development centres in TietoEnator group, technology having sparked the online travel revolution in Scandinavia in
mainly in Healthcare & Welfare and Banking & Insurance business sector. 1999. They now sell travel and technology within 10 markets, basing
We employ specialists in all disciplines of the software development operation offices in Sweden and South Africa and they will now be entering
lifecycle. The products developed are mainly used in Scandinavian and into India with an interest in both the direct online travel consumer market
eastern & central European countries. TietoEnator Corporation is one of the and the highly fragmented offline travel industry.
world's leading high end IT solution provider in selected countries, listed on
Helsinki & Stockholm Stock Exchange.

Address: 8th Floor, D Building Address: S-327


Weikfield Info Park, Nagar Road Greater Kailash II
Pune 411 014 New Delhi 110 048
Tel : +91 20 66402233 Tel: +27 826107431
Fax: +91 20 66402255 Fax: +91 11 41639295
Web: www.tietoenator.com Web: www.travelstart.in
Head: Ms Marianne Woldbye-Tholin Head: Mr Stephan Ekbergh
VP Operations CEO
Annual Turnover in India: N/A Annual Turnover in India: N/A
Annual Turnover in the World: US$ 1.9 bn Annual Turnover in the World: US$ 58 mn
No of Employees in India: 270 No of Employees in India: N/A
No of Employees in the World: 16,000 No of Employees in the World: 60
Swedish Share: 10 % Swedish Share: 100%

140 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 141


TRELLEBORG AUTOMOTIVE (I) PVT LTD TRELLEBORG SEALING SOLUTIONS (I) PVT LTD

Trelleborg is a global industrial group with a leading position in polymer Trelleborg Sealing Solutions (India) Pvt Ltd, a part of Trelleborg Sealing
technology. The company develops high performance solutions that Solutions of Sweden, is one of the largest suppliers of hydraulic and
damp, seal and protect in demanding industrial environments. Trelleborg pneumatic sealing systems to the Indian market. The manufacturing and
AB was founded in 1905. 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: B-190, Phase-II Address: No 27, 32nd Cross


Gautam Budh Nagar 7th Block, Jayanagar
Noida 201 305 Bangalore 560 070
Tel: +91 120 2563124 - 29 Tel: +91 80 22455157
Fax: +91 120 2567675 Fax: +91 80 22455153
Web: www.trelleborg.com Web: www.tss.trelleborg.com
Head: Mr Rakesh Asthana Head: Mr Sanjeev Shah
Managing Director President
Annual Turnover in India: US$ 11 mn Annual Turnover in India: US$ 8.5 mn
Annual Turnover in the World: US$ 3.1 bn Annual Turnover in the World: US$ 850 mn
No of Employees in India: 325 No of Employees in India: 100
No of Employees in the World: 25,000 No of Employees in the World: 5,600
Swedish Share: 100% Swedish Share: 80%

142 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 143


VISIONICS (I) PVT LTD VOLVO (I) PVT LTD

Visionics (India) Pvt Ltd, established in 1994 is a joint venture between Volvo India operates within the truck, bus, construction equipment, power
Norlinvest, Sweden, and Alpha Imager, Bangalore. The main product is systems and marine engine businesses. Additionally, the Volvo sources
EDWinXP (Electronic Design for Windows) - an EDA (Electronic Design engineering services, IT services and truck components from India. It has a
Automation) software package for electronic circuit design and simulation. country-wide sales, services & parts network covering 60 points. The
Visionics (India) Pvt Ltd market and sells the product in the Asia-Pacific production facility, established in 1998, is located at Hosakote, near
region, and provides training to customers and technical support to Bangalore. Volvo is creating value & driving change in the transport industry,
customers world wide. in consonance with its core values of safety, quality and concern for the
environment.

Address: A2 Periyar, Technopark Address: Yalachahally, Tavarekere Post


Kariavattom Hosakote
Trivandrum 695 581 Bangalore 562 122
Tel: +91 471 2700673 Tel: +91 80 56914000 - 10
Fax: +91 471 2700270 Fax: +91 80 27965280
Web: www.visionics.a.se Web: www.volvo.co.in
Head: Mr M Thiyagarajan Head: Mr Eric Leblanc
Managing Director Managing Director
Annual Turnover in India: US$ 0.1 mn Annual Turnover in India: US$ 273 mn
Annual Turnover in the World: N/A Annual Turnover in the World: US$ 31.9 bn
No of Employees in India: 15 No of Employees in India: 1000
No of Employees in the World: N/A No of Employees in the World: 82,000
Swedish Share: 80% Swedish Share: 100%

144 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 145


VOLVO CAR INDIA WALTER TOOLS (I) PVT LTD

Volvo Car India (VCI) will have started its operations in 2007. Initially VCI will Walter Tools India Pvt Ltd offers total machining solutions to the metal
enter the luxury market with the flagships S80 (sedan) and the XC90 (SUV). working industry throughout India using its own team of sales engineers and
The dealer network of 3 will rapidly expand to 12 by 2009, when more product specialists. It enjoys the support of a wide distributor network. The
models are expected to be launched on this market. strength of Walter Tools India rests on maximising customer productivity with
a combination of cemented carbide and high-speed steel tools of Walter,
Titex and Prototyp product program.

Address: Ground Floor, Tower A Address : Mumbai Pune Road


Unitech Cyberpark Greenwood City Dapodi
Sector 39, Gurgaon 122 001 Pune 411 012
Tel: +91 124 6743100 Tel: +91 20 27146191, 27105028
Fax: +91 124 6743185 Fax: +91 20 27148775
Web: www.volvocars.co.in Web: www.walter-tools.com
Head: Mr Paul de Voijs Head: Mr Atul Nagpal
Managing Director Managing Director
Annual Turnover in India: N/A Annual Turnover in India: N/A
Annual Turnover in the World: N/A Annual Turnover in the World: US$ 800 mn
No of Employees in India: 9 No of Employees in India: 50
No of Employees in the World: 25,500 No of Employees in the World: 2,500
Swedish Share: N/A Swedish Share: 100 %

146 BUSINESS DIRECTORY INDIA BUSINESS DIRECTORY INDIA 147


CLUSTERS OF SWEDISH COMPANIES IN INDIA

BUSINESS DIRECTORY
SWEDEN

Map showing the geographic spread & concentration of Swedish


companies in India.

148 BUSINESS DIRECTORY INDIA 149


BHARAT FORGE KILSTA AB EVALUESERVE NORDIC AB

Bharat Forge Ltd (BFL), is the flagship company of the US$ 2.1 billion Kalyani Evalueserve offers high-quality knowledge services in Investment Research,
Group, which has significant presence in the key sectors of the Indian Business Research, Intellectual Property, Market Research, and Data and
economy. With 10 manufacturing locations across six countries, BFL is a Financial Analytics to clients worldwide. Founded in 2000, it has more than
leading global ‘Full Service Supplier' of forged and machined - engine & 1,800 employees, with operation centres in India, China and Chile, and a
chassis components. Bharat Forge Kilsta, Sweden along with its wholly strong sales presence across all major global locations. Evalueserve won
owned subsidiary Bharat Forge Scottish Stampings, Scotland is a 100% several awards in 2006, including Red Herring Asia Top 100, NASSCOM IT
subsidiary of Bharat Forge Limited. Bharat Forge Kilsta Group, is one of the Innovation Award for Business Model Innovation and the Deloitte Fast 500
world's leading forging groups, largest manufacturer of front axle beams APAC Award.
and the second largest manufacturer of heavy crankshafts in Europe.

Address: PO Box No 428 Address: Skeppholmsvägen 12


SE 691 27 Karlskoga 193 40 Sigtuna

Tel: +46 58 663200 Tel: +46 70 7732350


Fax: +46 58 663209 Fax: +46 8 59252340
Web: www.bharatforge.com Web: www.evalueserve.com
Head: Mr Dan-Åke Widenberg Head: Mr Prajeet Patel
Managing Director CEO
Annual Turnover in Sweden: US$ 212 mn Annual Turnover in Sweden: N/A
Annual Turnover in the World: US$ 1 bn Annual Turnover in the World: N/A
No of Employees in Sweden: 583 No of Employees in Sweden: 2
No of Employees in the World: 7,000 No of Employees in the World: 1,800
Indian Share: 100% Indian Share: 90%

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150 BUSINESS DIRECTORY SWEDEN BUSINESS DIRECTORY SWEDEN 151
GEODESIC INFORMATION SYSTEMS AB HCL TECHNOLOGIES SWEDEN AB

Geodesic Information Systems AB, is subsidiary of Geodesic India. HCL is one of India's leading global IT services and product engineering
Geodesic AB was established in 2003 in Stockholm, and was formerly companies, providing value-added, software-led IT solutions and services
known as 'Clangula IT AB'. Geodesic develops many products in the field of to large and medium scale organisations. Its mission is to establish
'communication and collaboration'. These products include instant partnerships with large end users and OEM organisations on a global basis,
messaging solutions on desktop as well as mobile platforms. Geodesic AB is to deliver the highest quality and most cost-effective software engineering
co-ordinating the European marketing activity from Stockholm. It works solutions for the emerging network-centric world.
closely with many local partners in Sweden and Europe. Geodesic also
provides IT related services in the region.

Address: Kungsholmstorg 2 Address: Ringvägen 100


11 221 Stockholm Box 17812
S 118 94 Stockholm
Tel: +46 73 9160363 Tel: +46 8 51909780
Fax: N/A Fax: +46 8 51909781
Web: www.geodesic.com Web: www.hcltech.com
Head: Mr Jaydip Deshpande Head: Mr Anders Olsson
Managing Director Vice President
Annual Turnover in Sweden: US$ 1.9 mn Annual Turnover in Sweden: N/A
Annual Turnover in the World: US$ 40.5 mn Annual Turnover in the World: US$ 1.3 bn
Employees in Sweden: 2 No of Employees in Sweden: 3
Employees in the World: 170 No of Employees in the World: 45,000
Indian Share: 76% Indian Share: 100%

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152 BUSINESS DIRECTORY SWEDEN BUSINESS DIRECTORY SWEDEN 153
HEXAWARE TECHNOLOGIES iGATE GLOBAL SOLUTIONS (BRANCH OFFICE)

Hexaware is a leading global provider of IT and BPO services. Over 40 of our iGATE Global Solutions is the first fully Integrated Technology and Operations
clients are fortune 500 companies. It enables clients achieve competitive (iTOPS) company with global services delivery. Services offered include
advantage by co-developing innovative IT and process capabilities consulting, IT Services, Data Analytics, Enterprise Systems, Infrastructure
delivered through flexible business models. Hexaware focus and have Management, Independent Verification and Validation, BPO/BSP, and
achieved leadership positions in domains such as HR, Banking, Finance, Contact Center. Its clients are Fortune 1000 companies in Financial
Insurance, Leasing and transportation. On the technology front Hexaware Services, Manufacturing and Retail verticals. Bangalore headquartered;
specializes in Business Analytics, Enterprise Applications, Product iGATE has eight development centers and eleven representative sales
Engineering, Application Modernization/Management and Independent offices across the globe.
Testing.

Address: Stureplan 4C Address: Borgarfjordsgatan 13 A


4th Floor SE 164 40 Kista
114 35 Stockholm
Tel: +46 8 4631180 Tel: +46 8 59460687
Fax: +46 8 4631010 Fax: +46 8 7507960
Web: www.hexaware.com Web: www.igate.com
Head: Mr Anil Ughra Head: Mr Phaneesh Murthy
Regional Head, Scandinavia Chief Executive Officer
Annual Turnover in Sweden: US$ 2 mn Annual Turnover in Sweden: N/A
Annual Turnover in the World: US$ 187.4 mn Annual Turnover in the World: US$ 178.5 mn
No of Employees in Sweden: 10 No of Employees in Sweden: N/A
No of Employees in the World: 6,000 No of Employee in the World: 6,000
Indian Share: Branch Office Indian Share: Branch Office

10
154 BUSINESS DIRECTORY SWEDEN BUSINESS DIRECTORY SWEDEN 155
INFOSYS TECHNOLOGIES LTD KEMWELL AB

A global IT consulting and services company that partners with Global 2000 Kemwell is a leading formulations contract manufacturer for over 20 years
companies to provide business consulting, systems integration, application and our customers include Novartis, GSK, J&J, Pfizer and AstraZeneca. It is
development, infrastructure management, BPO, testing and validation amongst the largest manufacturers of tablets, liquid orals, liquid oral drops,
services and product engineering services. Clients leverage Infosys' Global external drops, ointments and creams in India. It has four manufacturing
Delivery Model to achieve higher quality, rapid time-to-market and cost- facilities in India and one in Sweden and has a 100% commitment to pure
effective solutions. Infosys has over 70,000 employees in over 40 offices play contract manufacturing.
worldwide. Infosys works with clients across Sweden, Norway, Denmark and
Finland with offices and live client engagements.

Address: Stureplan 4C, 4tr Address: Björkgatan 30


SE 114 35 Stockholm SE 751 82 Uppsala

Tel: +46 8 4631112 Tel: +46 18 164447


Fax: +46 8 4631114 Fax: +46 18 164045
Web: www.infosys.com Web: www.kemwellindia.com
Head: Mr Prabhakar Grandhi Head: Mr Per Åke Oldentoft
Country Manager Managing Director
Annual Turnover in Sweden: N/A Annual Turnover in Sweden: US$ 55 mn
Annual Turnover in the World: US$ 3.1 bn Annual Turnover in the World: US$ 70 mn
No of Employees in Sweden: N/A No of Employees in Sweden: 170
No of Employees in the World: 70,000 No of Employees in the World: 450
Indian Share: N/A Indian Share: 100%

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156 BUSINESS DIRECTORY SWEDEN BUSINESS DIRECTORY SWEDEN 157
LARSEN & TOUBRO INFOTECH LTD MINDTREE CONSULTING LTD

Larsen & Toubro Infotech is a global IT services company with ISO MindTree Consulting offers IT services in application development and
9001:2000 and SEI Level 5, PCMM certifications and amongst the top 10 maintenance, BI solutions, ERP and SCM, Mainframe and iSeries, and
software exporters from India. Their service spectrum covers offerings in the infrastructure management. MindTree also provides R&D services in product
Telecom & Terminal Software development & testing, ERP Implementation and board design, operating systems, protocol engineering, embedded
& Support, Application Development & Maintenance, EAI, Data applications, product testing and IP licensing.
Warehousing & Business Intelligence in Banking Finance & Insurance sector,
& Manufacturing industries. Design Engineering Services, Embedded
Systems in Medical, transportation and Manufacturing sector. They have
been present in the Nordic countries for over 7 years.

Address: Kista Science Tower Address: Rallarvägen 37


Färögatan 33 184 22 Åkersberga
164 21 Kista
Tel: +46 8 58837008 Tel: +46 8 50164044
Fax: N/A Fax: +46 701 477378
Web: www.lntinfotech.com Web: www.mindtree.com
Head: Mr Sarbajit Deb Head: Mr Frederik Sahlin
Area Director - Nordic Region Business Development Manager
Annual Turnover in Sweden: N/A Annual Turnover in Sweden: US$ 8.6 mn
Annual Turnover in the World: US$ 350 mn Annual Turnover in the World: US$ 130.7 mn
No of Employees in Sweden: N/A No of Employees in Sweden: 35
No of Employees in the World: 7,800 No of Employees in the World: 4,300
Indian Share: 100% Indian Share: Branch Office

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158 BUSINESS DIRECTORY SWEDEN BUSINESS DIRECTORY SWEDEN 159
NORTHLIGHT AB (part of NeST Group) PATNI COMPUTER SYSTEMS LTD

SFO Technologies, a NeST Group company is a high technology enterprise Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is
based in India with global operations in electronic design, manufacturing a global IT Services provider servicing Global 2000 clients. Patni caters to its
and Software development. SFO Technologies has a turnover of US$ 200 clients through its industry-focused practices, including insurance,
million and employs over 2500 people worldwide. Northlight AB is a division manufacturing, financial services, telecommunications, and its
of SFO Technologies based in Sweden engaged in design and technology-focused practices. Patni's service offerings include application
manufacture of active fiber optic products such as optical transmitters, development, application maintenance and support, packaged software
receivers and fibre amplifiers. implementation, infrastructure management services, product
engineering services, business process outsourcing and quality assurance
services.

Address: Västberga Alle 60 Address: Indien Filial, Kista Entre


126 75 Knarrarnäsgatan 7-9
164 40 Kista
Tel: +46 70 6650962 Tel: + 46 8 52291845
Fax: +46 8 58020812 Fax: + 46 8 52291846
Web: www.northlight.se Web: www.patni.com
Head: Dr David Darby Head: Mr Abhijeet Kelkar
General Manager Senior Sales Manager
Annual Turnover in Sweden: US$ 5 mn Annual Turnover in Sweden: US$ 0.6 mn
Annual Turnover in the World: US$ 5 mn Annual Turnover in the World: US$ 578.9 mn
No of Employees in Sweden: 10 No of Employees in Sweden: 4
No of Employees in the World: 15 No of Employees in the World: 12,804
Indian Share: 100% Indian Share: N/A

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160 BUSINESS DIRECTORY SWEDEN BUSINESS DIRECTORY SWEDEN 149
161
SATYAM COMPUTER SERVICES LTD SRS GLOBALSOFT

Satyam Computer Services Limited (NYSE: SAY), established in 1987, is a SRS Globalsoft is an international consulting company engaged in software
leading global IT consulting and Services provider, offering a range of and IT project management. SRS does equity investment in technology
expertise aimed at helping customers re-engineer and re-invent their companies in life Sciences domain. SRS also do customer engagements for
businesses to compete successfully in an ever-changing market place. its clients in IT & embedded software development with an industry focus on
Nearly 40,000* highly-skilled professionals in Satyam work Onsite, Offsite, telecommunication, automotive, life sciences, virtual reality, real time
Offshore and Nearshore, to provide customized IT solutions for companies simulation & Gaming. SRS is focused on European markets particularly in
in several industry sectors. Satyam's presence spans 55 countries, across 6 Scandinavian & Baltic regions. SRS also extend advice to Swedish and
continents. Indian ICT companies who wish to form partnerships, collaborations & joint
ventures.

Address: Regus Address: Teknikringen 8


Frösundaviks allé 15, 4 tr 583 30 Linköping
169 40 Solna
Tel: +46 70 9829035
Tel: +46 8 6552632
Fax: N/A
Fax: +46 8 6552610
Web: www.srsglobalsoft.com
Web: www.satyam.com
Head: Mr Aditya Prakash
Head: Mr Mukund Garg
President
Regional Director
Annual Turnover in Sweden: US$ 0.1 mn
Annual Turnover in Sweden: N/A
Annual Turnover in the World: N/A
Annual Turnover in the World: US$ 1.5 bn
No of Employees in Sweden: 1
No of Employees in Sweden: N/A
No of Employees in the World: N/A
No of Employees in the World: 40,000
Indian Share: 100%
Indian Share: 75%

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162 BUSINESS DIRECTORY SWEDEN BUSINESS DIRECTORY SWEDEN 163
SVEDICE AB FOUNDRY SOLUTIONS TATA CONSULTANCY SERVICES

SFO Technologies, a NeST Group company is a high technology enterprise Tata Consultancy Services is an IT services, business solutions and
based in India with global operations in electronic design, manufacturing outsourcing organization that delivers real results to global businesses,
and Software development. SFO Technologies has turnover of US$ 200 ensuring a level of certainty no other firm can match. TCS offers a consulting-
million and employs over 2500 people worldwide. Svedice, based in led, integrated portfolio of IT and IT-enabled services delivered through its
Järfälla, Sweden, provides customized InP-semiconductor foundry unique Global Network Delivery Model, recognized as the benchmark of
solutions in it's state-of-the-art ISO-certified 800 sq.m. clean room facilities of excellence in software development. TCS Sverige AB was established in
class 1000. 1998 and has built a significant presence in Sweden resulting in strong
working relationships with several leading Swedish companies.

Address: Bruttovägen 7 Address: Klara Norra Kyrkogata 33


PO Box 685 111 22 Stockholm
SE 175 27 Järfälla
Tel: +46 8 52216200 Tel: +46 8 54507726
Fax: +46 8 52216201 Fax: +46 8 4543121
Web: www.svedice.com Web: www.tcs.com
Head: Dr Dirk Sinerius Head: Mr Amit Bajaj
CEO Director - Nordics
Annual Turnover in Sweden: US$ 1.5 mn Annual Turnover in Sweden: N/A
Annual Turnover in the World: US$ 1.5 mn Annual Turnover in the World: US$ 4.3 bn
No of Employees in Sweden: 10 No of Employees in Sweden: 500
No of Employees in the World: 12 No of Employees in the World: 89,419
Indian Share: >51% Indian Share: N/A

10
164 BUSINESS DIRECTORY SWEDEN BUSINESS DIRECTORY SWEDEN 165
TOOLTECHSOFT SWEDEN WIPRO INFRASTRUCTURE ENGINEERING AB

Tooltech is an Engineering and Design company, offering clients end-to- Wipro Infrastructure Engineering AB, formerly Hydrauto Group, is a leading
end Concurrent Engineering Design Solutions in all aspects of the design manufacturer of hydraulic cylinders and truck hydraulic components in
cycle, ranging from Concept Design, Product Design to Tooling Solutions Europe. A Tier 1 supplier to OEMs in material handling & forestry equipment,
and Complex Analysis. They combine Engineering and CAD/CAE Tool construction and earthmoving equipment amongst others. Hydrauto has
expertise to offer innovative solutions to range of industries including four manufacturing facilities in Sweden and one in Finland. Hydrauto has
Automotive, Aerospace, Shipping, Tool design and General Engineering. over 60 years of experience.
They have offices in India, USA, Germany, Romania, Sweden, France and
Finland.

Address: Filial till Tooltech Software (India) Pvt Ltd Address: Kanalgatan 45B
Box 184, Drakegatan 10 PO Box 295
401 23 Göteborg SE 931 23 Skelleftea
Tel: +46 31 7737163 Tel: +46 910 738030
Fax: +46 31 7737164 Fax: +46 910 701845
Web: www.tooltechsoft.com Web: www.hydrauto.se
Head: Mr Abhay Jahirabadkar Head: Mr Olov Larsson
Country Manager – Sweden President & CEO
Annual Turnover Sweden: US$ 1.3mn Annual Turnover in Sweden: US$ 132 mn
Annual Turnover in the World: US$ 5.2 mn Annual Turnover in the World: US$ 230 mn
No of Employees in Sweden: 2 No of Employees in Sweden: 550
No of Employees in the World: 270 No of Employees in the World: 1,500
Indian Share: 100% Indian Share: 100%

166 BUSINESS DIRECTORY SWEDEN BUSINESS DIRECTORY SWEDEN 167


WIPRO TECHNOLOGIES

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: Svetsarvägen 15
2tr, 171 41 Solna

Tel: +46 70 2425283


Fax: N/A
Web: www.wipro.com
Head: Mr Anil Agarwal
Regional Manager - Nordics
Annual Turnover in Sweden: N/A
Annual Turnover in the World: US$ 3.5 bn
No of Employees in Sweden: N/A
No of Employees in the World: 68,000
Indian Share: N/A

Turning Torso: Based on a sculpture, HSB Turning Torso is a fascinating high-rise building at the
waterfront of Swedish city Malmö designed with inspiration from the human body in a
10
168 BUSINESS DIRECTORY SWEDEN
twisting motion.
Photographer: Ole Jais, Copyright: HSB Malmo
A D
A3TL, 64 Delaval Pvt Ltd, 84
ABB Ltd, 65 Dynapac Compaction & Paving Equipment (I) Pvt Ltd, 85
Absolut Vodka - Famous Swedish Brands, 59
Ahlens Far East Ltd, 66
Akzo Nobel - Famous Swedish Brands, 56 E
Alfa Laval (I) Ltd, 67 Economy, Main Sectors - India, 11
Andante (I) Consultants Pvt Ltd, 68 Economy, Main Sectors - Sweden, 10
Assa Abloy (I) Pvt Ltd, 69 EKN, 43
Assab Sripad Steels Ltd, 70 Elekta Medical Systems (I) Pvt Ltd, 86
AstraZeneca India, 71 Eletta Flow (I) Pvt Ltd, 87
Atlas Copco (I) Ltd, 72 Elof Hansson (I) Pvt Ltd, 88
Autoliv IFB (I) Pvt Ltd, 73 Embassy of India, 39
Axis Video Systems (I) Pvt Ltd, 74 Embassy of Sweden, 38
Employment Costs - India, 25
Employment Costs - Sweden, 24
B Ericsson (I) Pvt Ltd, 89
BAE Systems SWS Defence AB, 75 Evalueserve Nordic AB, 151
Barracuda Camouflage Pvt Ltd, 76 Expanding Exports Helpdesk, 44
Berger Becker Coatings Pvt Ltd, 77 Exports - India to Sweden, 19
Bharat Forge Kilsta AB, 150 Exports - Sweden to India, 18
Birla Ericsson Optical Ltd, 78
Bombardier Transportation, 79
BT Industries Group - Famous Swedish Brands, 56 F
BrandSystems Pvt Ltd, 80 FDI, Incoming and Outgoing - India, 21
Business Directory - India, 63 FDI, Incoming and Outgoing - Sweden, 20
Business Directory - Sweden, 149 Federation of Indian Chambers of Commerce and Industry, 45
Business Visa Statistics - India to Sweden, 27 Flexlink System (I) Pvt Ltd, 90
Business Visa Statistics - Sweden to India, 26
Business Visa to India, 35
Business Visa to Sweden, 34 G
GAC Shipping (I) Pvt Ltd, 91
Gambro (I) Pvt Ltd, 92
C GDP Composition by Sector - India, 11
Caran Designs (I) Pvt Ltd, 81 GDP Composition by Sector - Sweden, 10
Cavotec (I) Ltd, 82 GDP, Components of - India, 13
Commercial Services Trade, Total - India, 17 GDP, Components of - Sweden, 12
Commercial Services Trade, Total - Sweden, 16 Geodesic Information Systems AB, 152
Confederation of Indian Industry, 41 Gislen Software Pvt Ltd, 93
Confederation of Swedish Enterprise, 42 Global Competitiveness Index Ranking - India, 25
Consulates - Swedish, 40 Global Competitiveness Index Ranking - Sweden, 24
Corporate Tax Rate - India, 25 Gunnebo (I) Ltd, 94
Corporate Tax Rate - Sweden, 24
Country Facts - India, 9
Country Facts - Sweden, 8 H
Customs Duty, Average - India, 19 Hasselblad - Famous Swedish Brands, 56
Customs Duty, Average - Sweden, 18 Hästens - Famous Swedish Brands, 57
Cybercom Datamatics Information Solutions, 83 H&M Hennes & Mauritz (I) Pvt Ltd, 95
Hägglunds Drives (I) Pvt Ltd, 96
Haldex (I) Ltd, 97 Mindtree Consulting Ltd, 159
HCL Technologies Sweden AB, 153 Mobile Telephone Subscribers - India, 27
Hexaware Technologies, 154 Mobile Telephone Subscribers - Sweden, 26
Hiab Load Handling Equipment Pvt Ltd, 98
Höganäs (I) Ltd, 99 N
Naturellement, 114
Nefab (I) Pvt Ltd, 115
I News Agencies - India, 175
IBI Chematur Engg & Consultancy Ltd, 100 News Agencies - Sweden, 173
IFS Solutions (I) Pvt Ltd, 101 Nobel Biocare (I) Pvt Ltd, 116
Ikea Trading (I) Pvt Ltd, 102 Northlight AB (part of NeST Group), 160
Indiska (I) Export Services Pvt Ltd, 103
iGate Global Solutions, 155
Indpro Ltd, 104 O
Inflation - India, 11 Open Trade Gate Sweden, 47
Inflation - Sweden, 10 Oriflame (I) Pvt Ltd, 117
Infosys Technologies Ltd, 156 Orrefors - Famous Swedish Brands, 57
Internet Users - India, 27
Internet Users - Sweden, 26
Invest in Sweden Agency, 46 P
Investment - EU in India, 21 Patni Computer Systems Ltd, 161
Investment - Swedish in India, 20 Pergo (I) Pvt Ltd, 118
ISS Integrated Facility Services Pvt Ltd, 105 Perstorp Chemicals (I) Pvt Ltd, 119
ITT Corporation (I) Pvt Ltd, 106 PKL Ltd, 120
Portwise APAC Pvt Ltd, 121
Press - India, 174
K Press - Sweden, 172
Kährs Impex Pvt Ltd, 107 Principal Exports - India, 13
Kalmar (I) Pvt Ltd, 108 Principal Exports - Sweden, 12
Kappahl Far East Ltd, 109 Principal Imports - India, 13
Kemwell AB, 157 Principal Imports - Sweden, 12
Koenigsegg Automotive AB - Famous Swedish Brands, 57 Procedures and Rules for Starting Business in India, 31
Kosta Boda - Famous Swedish Brands, 57 Procedures and Rules for Starting Business in Sweden, 28

L R
Lindex (I) Pvt Ltd, 110 R&D Expenditure - India, 25
Liv Medica Equipment Pvt Ltd, 111 R&D Expenditure - Sweden, 24
Larsen & Toubro Infotech Ltd, 158 Radio - India, 175
Radio - Sweden, 173
Rosemount Tank Gauging (I) Pvt Ltd, 122
M Roxtec (I) Pvt Ltd, 123
Maquet Medical (I) Pvt Ltd, 112
Map of Clusters of Swedish Companies in India, 148
Map of Sweden and its Surrounding Markets, 36 S
Merchandise Trade, Total - India, 15 SAAB AB - Famous Swedish Brands, 58
Merchandise Trade, Total - Sweden, 14 SAAB Automobile - Famous Swedish Brands, 58
Mercuri Goldmann (I) Pvt Ltd, 113 Scania - Famous Swedish Brands, 58
Sandvik Asia Ltd, 124
Sansonvee Ventures (I) Pvt Ltd, 125 V
Satyam Computer Services Ltd, 162 Vattenfall - Famous Swedish Brands, 60
SCA Hygiene Products AB Branch Office India, 126 Visionics (I) Pvt Ltd, 144
SEB Group - Famous Swedish Brands, 59 Volvo (I) Pvt Ltd, 145
Seco Tools (I) Pvt Ltd, 127 Volvo Car India,146
Signifikant Software Solutions Pvt Ltd, 128
SKF (I) Ltd, 129 W
Smarttrust Infosolutions Pvt Ltd, 130 Walter Tools (I) Pvt Ltd, 147
Sony Ericsson, 131 Wipro Infrastructure Engineering AB, 167
SPM Instrument (I) Pvt Ltd, 132 Wipro Technologies, 168
SRS Globalsoft,163
Stock Market - India, 25
Stock Market - Sweden, 24
StoraEnso (I) Branch Office, 133
Strategic Links India, 48
Svedice AB Foundry Solutions, 164
Svenska Handelsbanken, 134
Sweden India Business Council, 49
Swedfund International AB, 50
Swedish Trade Federation - Svensk Handel, 51
Swedish Trade Council, 52
Syntensia Network Security (I) Pvt Ltd, 135
Systemair Fans Pvt Ltd, 136

T
Tata Consultancy Services, 165
Telelogic (I) Pvt Ltd, 137
Teleopti India, 138
Tetra Pak (I) Pvt Ltd, 139
Telia Sonera - Famous Swedish Brands, 59
TietoEnator Software Technologies Pvt Ltd, 140
TooltechSoft Sweden , 166
Trading Partners, Main - India, 15
Trading Partners, Main - Sweden, 14
Travelstart (I) Pvt Ltd, 141
Trelleborg Automotive (I) Pvt Ltd, 142
Trelleborg Sealing Solutions (I) Pvt Ltd, 143
TV - India, 175
TV - Sweden, 172

U
University Students - India, 27
University Students - Sweden, 26
Useful Information, 171
Cover: Volvo YCC (Your Concept Car), is the first car in the world to be developed by an all-female
project team.
ID: 37390, Photographer: Volvo Car Corporation, Copyright: Volvo Car Corporation, Source:
www.imagebank.se.

Back: SKF Bearing, 2007 is SKF's 100 years anniversary - In 1907 SKF invented the world's first self-aligning
ball bearing that now is found in most of the product close to you that is rotating by itself or has
components that are rotating - can you find the bearings close to you?
Photographer: SKF, Copyright: SKF, Source: SKF.

Other images:
Glass Sculpture, p4, Source: www.imagebank.sweden.se
Trilobite Vacuum Cleaner, p23, Source: www.imagebank.sweden.se
Hug Chair, p53, Source: www.imagebank.sweden.se
SonyEricsson Mobile Phone Model T650i, p54, Source: www.sonyericsson.com
Skiing Helmet from POC, p61, Source: www.imagebank.se
Tetra Pak, p62, Source: www.imagebank.se
Turning Torso, p169, Source: http://turningtorso.doxcentral.com
Welding Helmet, p170, Source: www.imagebank.sweden.se
Sandvik Nanoflex, p176, Source: www.imagebank.sweden.se

Designed by: EnablingBiz.com


Printed at: Thomson Press
USEFUL INFORMATION Media information

SWEDEN & INDIA

Welding Helmet: The award-winning Speedglas 9000 auto-darkening liquid crystal welding helmet,
developed in partnership with Ergonomidesign for Hörnell International. 171

ID: 4646, Photographer: Hörnell International AB, Copyright: Hörnell International AB


MEDIA INFORMATION SWEDEN MEDIA INFORMATION SWEDEN

The Press Radio


Dagens Nyheter www.dn.se Sveriges Radio (public, operates P1, P2, P3, P4, P5, P6, www.sr.se)
Svenska Dagbladet www.svd.se Radio Sweden International www.sr.se
Göteborgsposten www.gp.se
Sydsvenska Dagbladet www.sydsvenskan.se News Agencies
Aftonbladet www.aftonbladet.se Tidningarnas Telegrambyrå www.tt.se
Expressen www.expressen.se Nyhetsbyrån Direkt www.direkt.se
Dagens Industri www.di.se
Veckans Affärer www.va.se
Affärsvärlden www.affarsvarlden.se

Television
Sveriges Television (public, operates SVT1, SVT2, SVT24 and regional
channels, www.svt.se)
TV 3 (private) www.tv3.se
TV 4 (private) www.tv4.se
TV 5 (private) www.kanal5.se

172 USEFUL INFORMATION USEFUL INFORMATION 173


MEDIA INFORMATION INDIA MEDIA INFORMATION INDIA

The Press in English Television


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

News Agencies
Press Trust of India www.ptinews.com
United News of India www.uniindia.com
Asian News International www.aniin.com

174 USEFUL INFORMATION USEFUL INFORMATION 175


INDEX

Sandvik Nanoflex: is an ultra high-strength material based on nanotechnology that allows


excellent forming properties for wires, strips, bars and tubes.
177
Photographer: Sandvik Material Technology, Copyright: Sandvik Material Technology
A D
A3TL, 64 Delaval Pvt Ltd, 84
ABB Ltd, 65 Dynapac Compaction & Paving Equipment (I) Pvt Ltd, 85
Absolut Vodka - Famous Swedish Brands, 59
Ahlens Far East Ltd, 66
Akzo Nobel - Famous Swedish Brands, 56 E
Alfa Laval (I) Ltd, 67 Economy, Main Sectors - India, 11
Andante (I) Consultants Pvt Ltd, 68 Economy, Main Sectors - Sweden, 10
Assa Abloy (I) Pvt Ltd, 69 EKN, 43
Assab Sripad Steels Ltd, 70 Elekta Medical Systems (I) Pvt Ltd, 86
AstraZeneca India, 71 Eletta Flow (I) Pvt Ltd, 87
Atlas Copco (I) Ltd, 72 Elof Hansson (I) Pvt Ltd, 88
Autoliv IFB (I) Pvt Ltd, 73 Embassy of India, 39
Axis Video Systems (I) Pvt Ltd, 74 Embassy of Sweden, 38
Employment Costs - India, 25
Employment Costs - Sweden, 24
B Ericsson (I) Pvt Ltd, 89
BAE Systems SWS Defence AB, 75 Evalueserve Nordic AB, 151
Barracuda Camouflage Pvt Ltd, 76 Expanding Exports Helpdesk, 44
Berger Becker Coatings Pvt Ltd, 77 Exports - India to Sweden, 19
Bharat Forge Kilsta AB, 150 Exports - Sweden to India, 18
Birla Ericsson Optical Ltd, 78
Bombardier Transportation, 79
BT Industries Group - Famous Swedish Brands, 56 F
BrandSystems Pvt Ltd, 80 FDI, Incoming and Outgoing - India, 21
Business Directory - India, 63 FDI, Incoming and Outgoing - Sweden, 20
Business Directory - Sweden, 149 Federation of Indian Chambers of Commerce and Industry, 45
Business Visa Statistics - India to Sweden, 27 Flexlink System (I) Pvt Ltd, 90
Business Visa Statistics - Sweden to India, 26
Business Visa to India, 35
Business Visa to Sweden, 34 G
GAC Shipping (I) Pvt Ltd, 91
Gambro (I) Pvt Ltd, 92
C GDP Composition by Sector - India, 11
Caran Designs (I) Pvt Ltd, 81 GDP Composition by Sector - Sweden, 10
Cavotec (I) Ltd, 82 GDP, Components of - India, 13
Commercial Services Trade, Total - India, 17 GDP, Components of - Sweden, 12
Commercial Services Trade, Total - Sweden, 16 Geodesic Information Systems AB, 152
Confederation of Indian Industry, 41 Gislen Software Pvt Ltd, 93
Confederation of Swedish Enterprise, 42 Global Competitiveness Index Ranking - India, 25
Consulates - Swedish, 40 Global Competitiveness Index Ranking - Sweden, 24
Corporate Tax Rate - India, 25 Gunnebo (I) Ltd, 94
Corporate Tax Rate - Sweden, 24
Country Facts - India, 9
Country Facts - Sweden, 8 H
Customs Duty, Average - India, 19 Hasselblad - Famous Swedish Brands, 56
Customs Duty, Average - Sweden, 18 Hästens - Famous Swedish Brands, 57
Cybercom Datamatics Information Solutions, 83 H&M Hennes & Mauritz (I) Pvt Ltd, 95
Hägglunds Drives (I) Pvt Ltd, 96
Haldex (I) Ltd, 97 Mindtree Consulting Ltd, 159
HCL Technologies Sweden AB, 153 Mobile Telephone Subscribers - India, 27
Hexaware Technologies, 154 Mobile Telephone Subscribers - Sweden, 26
Hiab Load Handling Equipment Pvt Ltd, 98
Höganäs (I) Ltd, 99 N
Naturellement, 114
Nefab (I) Pvt Ltd, 115
I News Agencies - India, 175
IBI Chematur Engg & Consultancy Ltd, 100 News Agencies - Sweden, 173
IFS Solutions (I) Pvt Ltd, 101 Nobel Biocare (I) Pvt Ltd, 116
Ikea Trading (I) Pvt Ltd, 102 Northlight AB (part of NeST Group), 160
Indiska (I) Export Services Pvt Ltd, 103
iGate Global Solutions, 155
Indpro Ltd, 104 O
Inflation - India, 11 Open Trade Gate Sweden, 47
Inflation - Sweden, 10 Oriflame (I) Pvt Ltd, 117
Infosys Technologies Ltd, 156 Orrefors - Famous Swedish Brands, 57
Internet Users - India, 27
Internet Users - Sweden, 26
Invest in Sweden Agency, 46 P
Investment - EU in India, 21 Patni Computer Systems Ltd, 161
Investment - Swedish in India, 20 Pergo (I) Pvt Ltd, 118
ISS Integrated Facility Services Pvt Ltd, 105 Perstorp Chemicals (I) Pvt Ltd, 119
ITT Corporation (I) Pvt Ltd, 106 PKL Ltd, 120
Portwise APAC Pvt Ltd, 121
Press - India, 174
K Press - Sweden, 172
Kährs Impex Pvt Ltd, 107 Principal Exports - India, 13
Kalmar (I) Pvt Ltd, 108 Principal Exports - Sweden, 12
Kappahl Far East Ltd, 109 Principal Imports - India, 13
Kemwell AB, 157 Principal Imports - Sweden, 12
Koenigsegg Automotive AB - Famous Swedish Brands, 57 Procedures and Rules for Starting Business in India, 31
Kosta Boda - Famous Swedish Brands, 57 Procedures and Rules for Starting Business in Sweden, 28

L R
Lindex (I) Pvt Ltd, 110 R&D Expenditure - India, 25
Liv Medica Equipment Pvt Ltd, 111 R&D Expenditure - Sweden, 24
Larsen & Toubro Infotech Ltd, 158 Radio - India, 175
Radio - Sweden, 173
Rosemount Tank Gauging (I) Pvt Ltd, 122
M Roxtec (I) Pvt Ltd, 123
Maquet Medical (I) Pvt Ltd, 112
Map of Clusters of Swedish Companies in India, 148
Map of Sweden and its Surrounding Markets, 36 S
Merchandise Trade, Total - India, 15 SAAB AB - Famous Swedish Brands, 58
Merchandise Trade, Total - Sweden, 14 SAAB Automobile - Famous Swedish Brands, 58
Mercuri Goldmann (I) Pvt Ltd, 113 Scania - Famous Swedish Brands, 58
Sandvik Asia Ltd, 124
Sansonvee Ventures (I) Pvt Ltd, 125 V
Satyam Computer Services Ltd, 162 Vattenfall - Famous Swedish Brands, 60
SCA Hygiene Products AB Branch Office India, 126 Visionics (I) Pvt Ltd, 144
SEB Group - Famous Swedish Brands, 59 Volvo (I) Pvt Ltd, 145
Seco Tools (I) Pvt Ltd, 127 Volvo Car India,146
Signifikant Software Solutions Pvt Ltd, 128
SKF (I) Ltd, 129 W
Smarttrust Infosolutions Pvt Ltd, 130 Walter Tools (I) Pvt Ltd, 147
Sony Ericsson, 131 Wipro Infrastructure Engineering AB, 167
SPM Instrument (I) Pvt Ltd, 132 Wipro Technologies, 168
SRS Globalsoft,163
Stock Market - India, 25
Stock Market - Sweden, 24
StoraEnso (I) Branch Office, 133
Strategic Links India, 48
Svedice AB Foundry Solutions, 164
Svenska Handelsbanken, 134
Sweden India Business Council, 49
Swedfund International AB, 50
Swedish Trade Federation - Svensk Handel, 51
Swedish Trade Council, 52
Syntensia Network Security (I) Pvt Ltd, 135
Systemair Fans Pvt Ltd, 136

T
Tata Consultancy Services, 165
Telelogic (I) Pvt Ltd, 137
Teleopti India, 138
Tetra Pak (I) Pvt Ltd, 139
Telia Sonera - Famous Swedish Brands, 59
TietoEnator Software Technologies Pvt Ltd, 140
TooltechSoft Sweden , 166
Trading Partners, Main - India, 15
Trading Partners, Main - Sweden, 14
Travelstart (I) Pvt Ltd, 141
Trelleborg Automotive (I) Pvt Ltd, 142
Trelleborg Sealing Solutions (I) Pvt Ltd, 143
TV - India, 175
TV - Sweden, 172

U
University Students - India, 27
University Students - Sweden, 26
Useful Information, 171
Cover: Volvo YCC (Your Concept Car), is the first car in the world to be developed by an all-female
project team.
ID: 37390, Photographer: Volvo Car Corporation, Copyright: Volvo Car Corporation, Source:
www.imagebank.se.

Back: SKF Bearing, 2007 is SKF's 100 years anniversary - In 1907 SKF invented the world's first self-aligning
ball bearing that now is found in most of the product close to you that is rotating by itself or has
components that are rotating - can you find the bearings close to you?
Photographer: SKF, Copyright: SKF, Source: SKF.

Other images:
Glass Sculpture, p4, Source: www.imagebank.sweden.se
Trilobite Vacuum Cleaner, p23, Source: www.imagebank.sweden.se
Hug Chair, p53, Source: www.imagebank.sweden.se
SonyEricsson Mobile Phone Model T650i, p54, Source: www.sonyericsson.com
Skiing Helmet from POC, p61, Source: www.imagebank.se
Tetra Pak, p62, Source: www.imagebank.se
Turning Torso, p169, Source: http://turningtorso.doxcentral.com
Welding Helmet, p170, Source: www.imagebank.sweden.se
Sandvik Nanoflex, p176, Source: www.imagebank.sweden.se

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Printed at: Thomson Press

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