Interestingly India and Swedish 
trade relations date back to 1903, when Swedish giant Ericsson supplied its first switching systems to India. Since that time, both the countries have exchanged certain high level dialogues to boost the bilateral trade and investment. However, despite the fact that Sweden is the twelfth largest investor into India, the trade with Sweden forms a miniscule 0.6% ($1.18 billion) of India’s total trade in 2005. India’s exports to Sweden witnessed a 35% growth (reaching $326.39 million) in 2005-06, major export items being textile, leather, rubber articles and carpets. India’s imports from Sweden during the same period reached $1,172.20 million, a growth of 25% over the previous fiscal.
For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link
trade relations date back to 1903, when Swedish giant Ericsson supplied its first switching systems to India. Since that time, both the countries have exchanged certain high level dialogues to boost the bilateral trade and investment. However, despite the fact that Sweden is the twelfth largest investor into India, the trade with Sweden forms a miniscule 0.6% ($1.18 billion) of India’s total trade in 2005. India’s exports to Sweden witnessed a 35% growth (reaching $326.39 million) in 2005-06, major export items being textile, leather, rubber articles and carpets. India’s imports from Sweden during the same period reached $1,172.20 million, a growth of 25% over the previous fiscal.For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link
Source:- IIPM-B&E , Initiative:- Prof. Arindam Chaudhuri - 2006
