The delegation comprised 17 large and small ICT companies and more than 20 participants. The objective of the delegation was to explore the possibilities for establishment and expansion of Indian ICT companies in Sweden in order the tap the business potential of the Nordic market.
The delegation was led by Mr. BVR Mohan Reddy, who is the Vice Chairman of Nasscom and also the Founder & Executive Chariman, Cyient Limited, a global engineering services company having more than 12000 employees globally.
On 21stMay, the delegates were with Business Region Göteborg, our regional partner on the west coast, to understand the business climate and listen to Industry speakers from Volvo, Gunnebo & SKF about their technology development plans. The group also visited Lindholmen Science Park to have a look at the available facilities for opening offices.
In Stockholm on 22ndMay Business Sweden worked closely with Stockholm Business Region (SBR). The delegation attended the Nordic IT Sourcing Summit. Nasscom (www.nasscom.in) Vice Chairman Reddy was invited to deliver the keynote address. The delegates had an opportunity to meet and network with CIOs and other key executives from leading Nordic organisations. A Q&A session with Mr. BVR Mohan Reddy regarding the importance of Nordics for Indian ICT companies is available on http://outsourcemagazine.co.uk/qa-bvr-mohan-reddy-nasscom/
The program ended with a dinner hosted by SBR. The CEO of SBR, Mr. Olof Zetterberg welcomed the delegation. The Indian Ambassador to Sweden, Mrs. Banashri Bose Harrison also addressed the delegation.
The following Indian companies were part of the delegation
- Apt Software Avenues Pvt. Ltd.
- Geometric Limited
- Godrej Infotech Ltd.
- Intersoftkk (India) Pvt. Ltd.
- ITCube Solutions Pvt Ltd
- Larsen & Toubro Infotech Limited
- LifeLine Systech
- maveric systems
- NIIT Technologies Ltd
- RapidValue Solutions, Inc
- Ray Business Technologies Pvt Ltd
- Sonata Software
- Sysbiz Technologies
- Tata Consultancy Services
The visiting program was arranged with close support and excellent co-operation with Business Region Gothenburg (http://www.businessregiongoteborg.com/) and Stockholm Business Region (www.investstockholm.com) . The visit was positively seen by all participating companies and we are already in process of recording multiple investment opportunities, either on the needs or solution stages.