NEWS
NEWS
NEWS
NEWS
IN POSITION
BUSINESS CLIMATE SURVEY
2025/26
RANGE OF KNOWLEDGE
There are 280 Swedish companies in India today that are active in diverse business sectors.
This year, the BCS questionnaire was sent in the beginning of February 2025 to 269 Swedish companies established in India, of which 209 responded, rendering a healthy response rate of 78%.
Of the ones responding to this survey, 42% have set up business in India over the last 12 years.
COMMUNITY
*Where many Swedish companies are headquartered.
HOW DO YOU PERCEIVE THE CURRENT BUSINESS CLIMATE IN INDIA?
The sustained and growing perception of favourable/very favourable business climate, over the years, for Swedish companies in India confirms their confidence in India’s positive development.
77% of respondents see the current business climate as very favourable/favourable, compared with 71% in the survey last year, and much higher than the decadal average of 61%.
INDIA IS QUICKLY GAINING COMPETITIVENESS IN GLOBAL VALUE CHAINS.
Overall 64% consider India competitive compared to 41% in 2023 and 32% in 2021.
Particularly availability and cost of material is rated significantly higher than in 2023 (44% vs 35%). Many companies have worked strategically with localisation of supply chains, and product adaptation to local conditions.
MAKE IN INDIA
100
Swedish companies are making in India. 69% say they will invest further in manufacturing in the coming year.
61% OF THE COMPANIES ARE ON, OR AHEAD OF, THEIR ENERGY REDUCTION TARGETS.
43% ARE ON TRACK TO ACHIEVE 100% RENEWABLE ENERGY IN THEIR OPERATIONS.
Swedish companies are spear-heading the green transition, both in product solutions and operations.
Sweden and India have together taken this on. One example is LeadIT, the Leadership group for Industry Transition, that brings together countries, companies and industry experts to achieve net-zero emissions from heavy industries by 2050.
GENSITIVITY
75%
work with DEI
To build a future that is inclusive is a key goal for India by 2047, one that Swedish companies are completely aligned with.
An important priority is equality and equity.
Swedish Companies strategise to increase the presence of women at all levels and in all functions, including manufacturing shop floors in engineering or auto companies.
Half of the surveyed companies (106) have female managers at all levels - top, middle, and front line. In 2019 it was merely half that number.
POSITION IS A LOCATION, DIRECTION AND AN ATTITUDE. WE HAVE WORK TO DO.
To be In Position is to be future ready.
The journey goes from investment facilitation, unlocking value, to building sustainable business that lasts and have a positive impact on people, process and planet.
Together, India and Sweden can advance this:
• To encompass holistic sustainability in evaluation of proposals, keeping life cycle costs in focus.
• By leveraging collaboration and partnership for know-how and policy development.
• By enabling local be global, and global to be considered local.
• By unleashing people capabilities by encouraging systems’ approach and innovation culture.