India
New survey shows India remains a top growth market for Swedish companies
India continues to be a market of growing strategic importance for Swedish companies. According to this year's Business Climate Survey, confidence in future growth remains strong, with many companies planning to expand their investments and operations in India.
4 Aug, 2026
India continues to strengthen its position as one of the most important growth markets for Swedish companies. At the same time, the recently concluded free trade agreement between India and the European Union is expected to create new opportunities for trade, investment and business collaboration, with the potential to significantly increase bilateral economic exchange over the coming years.
The results of this year's Business Climate Survey show strong confidence among Swedish companies operating in India. A clear majority expect their business activities to grow during the next 12 months, while many are also planning to increase investments in the market. This optimistic view is broadly shared across company sizes, sectors, and levels of maturity, indicating that India remains a strategically important market for Swedish businesses, while increasingly also serving as a base for production, innovation, and long-term operations.
The survey highlights India's growing importance not only as a large consumer market, but also as a strategic hub for manufacturing, innovation, research and development, and regional operations. As companies continue to diversify supply chains and strengthen their presence in Asia, India is increasingly being viewed as a long-term partner for growth and competitiveness.
With strong economic fundamentals, ongoing reforms and a rapidly expanding business ecosystem, India remains an attractive destination for Swedish companies seeking new opportunities in one of the world's fastest-growing major economies.
Key findings from the survey:
A majority of Swedish companies expect increased turnover in India over the coming year.
Many companies plan to expand investments and operations in the market.
Confidence remains high across sectors and company sizes.
India is becoming increasingly important as a base for production, innovation and regional business development.
The EU-India trade agreement is expected to further strengthen business opportunities and bilateral trade.
The survey underscores India's continued role as a strategically important market for Swedish companies and highlights the strong foundation for deepening economic ties between Sweden and India in the years ahead.