+
India, Finland and the opportunities for growth
ECONOMY & POLICY

India, Finland and the opportunities for growth

With a diplomatic relationship stretching over seven decades, India and Finland have continued to grow their friendship and bilateral ties. Collaboration in research and innovation and investments by both sides have only strengthened the bond further, with both countries seeking to expand their trade and business footprint in terms of products and technologies. Kimmo Siira, Counsellor-Trade and Investments, Embassy of Finland, New Delhi, elaborates further in conversation with SHRIYAL SETHUMADHAVAN.

How has the Embassy of Finland been supporting Finnish companies to come to India and contribute to this industry?
The biggest service we can do is to save time for the company - be it by doing intensive market research, seeking out potential partners and stakeholders, or through finding the best suited ways for market access. I was an energy project developer before I joined the government. So, I have been with the private sector. And usually, the pre-development phase takes quite a long time. Not all the companies can afford it and can do it around the world. In my job, we talk to the governments, make sure the basic trade infrastructure is there at the state level and then we start discussing to understand more clearly what is going on before companies’ can enter the market. For example, we talk a lot with state development corporations, ministers, secretaries of energy in different states, business associations and so on and so forth. We are an information business more than anything else.

To read the full article, CLICK HERE.

With a diplomatic relationship stretching over seven decades, India and Finland have continued to grow their friendship and bilateral ties. Collaboration in research and innovation and investments by both sides have only strengthened the bond further, with both countries seeking to expand their trade and business footprint in terms of products and technologies. Kimmo Siira, Counsellor-Trade and Investments, Embassy of Finland, New Delhi, elaborates further in conversation with SHRIYAL SETHUMADHAVAN. How has the Embassy of Finland been supporting Finnish companies to come to India and contribute to this industry? The biggest service we can do is to save time for the company - be it by doing intensive market research, seeking out potential partners and stakeholders, or through finding the best suited ways for market access. I was an energy project developer before I joined the government. So, I have been with the private sector. And usually, the pre-development phase takes quite a long time. Not all the companies can afford it and can do it around the world. In my job, we talk to the governments, make sure the basic trade infrastructure is there at the state level and then we start discussing to understand more clearly what is going on before companies’ can enter the market. For example, we talk a lot with state development corporations, ministers, secretaries of energy in different states, business associations and so on and so forth. We are an information business more than anything else. To read the full article, CLICK HERE.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code