India is a large, fast-growing economy with an enormous demand for international know-how, products and solutions 

Growing India

India has grown from a GDP of USD 464 billion in 2000 to a GDP of USD 2.1 trillion in 2014. The country has in average had a growth of 7 % between 1990 and 2014 and is still growing rapidly. India is expected to be the third largest economy by 2030. 

The Nordic countries trade with India has grown from USD 3.8 billion in 2006 to USD 5.2 billion in 2014, which represents a growth of 38 % for the time period. Foreign Direct Investments (FDI) into India have in average been USD 39 billion per year between 2010-2014 and in 2014 the country ranked amongst the world’s top 10 FDI destinations.

The growing economy in combination with a rapidly growing middle class has created a great demand for foreign know-how, products and solutions. Nordic Applied Business perceives vast business opportunities for Nordic companies across most sectors in India.