ORGANISATION | The Sweden-India Business Council is an organization comprised of of the Management, Board of Directors and Senior Executive Advisors. This constellation of knowledge is based on the need of the members and partners.
ABOUT US | The Sweden India Business Council (SIBC) is the primary knowledge council between Sweden and India. We focus on people,by increasing decision making knowledge and understanding to do better business by engaging in deeper dialogues. SIBC runs executive roundtables and workshops for startups, SMEs, large enterprises and public institutions. Since 2005 over 500 events have been successfully executed promoting business with a focus on modern India. SIBC is also the Secretariat on the Swedish side for the "India Sweden Business Leaders Forum" (CEO Forum), co-chaired by Marcus Wallenberg and overseen by both Prime Ministers. SIBC was established in May 2003 and is a membership run organization, with members ranging from large companies to SME's.
Our members are all in different stages of establishment and business development.They are in India with manufacturing and sales, or thinking about establishing in India, selling from Sweden through distributors, which is the largest group, or have an interest of what is going on in India. They are small, medium, and large which makes the membership base very broad and diverse.
HISTORY AND DEVELOPMENT | SIBC has been very successful by giving our members a broad and multifaceted set of experiences on "why India?" since its inception in 2003.
Over the years SIBC has amassed a huge amount of experience and relationships and the need to evolve, to reflect the experience gained and the demands of new business, became clear. Today, whether or not to go to India is not a debate anymore. To reflect and meet this, a new strategy was put in place. Today we actively run and moderate roundtables with specific topics, such as ‘setting up a manufacturing plant in India’. Each roundtable has fewer but more relevant stakeholders around the table, engaging people and sharing more experiences resulting in much deeper understanding.
ISBLRT - India Sweden Business Leaders' Roundtable | ISBLRT is as a high-level platform for business leaders from Sweden and India to identify joint challenges in the fields of research, innovation, investments, financing, trade, business, industrialization and regulatory issues which need to be addressed to forge a strong and durable relationship between the two countries. This forum of business leaders will identify collaborations, draw upon best practices, and advise political leadership on both sides, on the way forward to quickly develop our relationship from bilateral, European and global business perspectives. Participation in the Forum is and will continue to be restricted to top-level individuals of multinational companies both in India and Sweden. Heads of reputed academic institutions can be invited separately to be members of the Forum. Meetings take place on a yearly basis and location is done by rotation in Sweden and India respectively, unless political leaders request to meet us specially or in extraordinary circumstances. Meetings are held in a formal or informal setting depending on the agenda.
The forum has four Joint Working Groups (JWGs) in Smart Sustainable Cities, Digitization, Defense and Skilling, each headed by a top business leader. The groups also work at an operational level in order to engage and move agendas forward. Startups and Innovation runs as a common agenda among all four JWGs.
Sweden-India Business Council is the Secretariat on the Swedish side with Marcus Wallenberg as co-chair, and the Confederation of Indian Industries (CII) on the Indian side with Baba Kalyani as the Co-chair. Both report to the respective Prime Ministers.
SITEC - Sweden-India Tech Community | We believe that seeing is believing and that the next wave of companies will be the tech startups. Most tech startups are aware that the US has a large market, one currency, one language and an established eco-system. So has India.The main difference and challenge are competition, pricing and a need for scale.
We created the Sweden-India Tech Community in order to facilitate closer relationships between the Swedish and Indian Startup-eco systems, which includes startups, corporate and academic incubators, government and corporate acceleration programs, financing, scale-up entrepreneurs and investors. By doing this we work with a large number of stake holders, including the ISBLRT members who all have Startups and Innovation as a common interest.
FUNDING | We are funded by members and partners mainly, and at times projects. In essence, we are our member's advisors.