Sweden’s Ambassador to India Jan Thesleff apprised that four Swedish companies, including IKEA, are mulling the setting up of a base in Tamil Nadu. He led a delegation of 15 companies to meet Industries Minister TRB Rajaa, wherein and each company briefed about their requirements for expanding in the state.
Many companies intend to be in India as it is a growing market, but are also looking to make it a hub for exports. There are a total of 70 Swedish companies in the state, employing about 25,000 people. These include Trelleborg Marine Services, SAAB, Camfil, and IKEA.
Moreover, Scandinavian Robot Systems in Chennai and Jacobi in Coimbatore will inaugurate their new facilities on January 21 and 22, 2025, respectively.