As of 2022, the Indian economy has been recovering from the pandemic-induced slowdown that began in 2020. In 2021, the country's GDP growth rate was 7.5%, driven by strong performances in the manufacturing and construction sectors, which both grew by more than 8%. Additionally, the services sector, which accounts for more than half of the country's GDP, grew by 6.5%.
The government's focus on infrastructure development has continued, with significant investments in sectors such as transportation, energy, and telecommunications. The National Infrastructure Pipeline (NIP), which includes more than 7,000 projects, is expected to generate employment opportunities and boost economic growth.
Will the Indian government continue to focus on structural reforms to address issues such as ease of doing business, taxation, and labor market regulations, to attract more investments and create jobs? Additionally, investments in health infrastructure to better prepare for future pandemics and improve overall public health outcomes is also considered a priority.
We invite you to a sit-down lunch where we have a conversation on economic and political updates, discuss topics, and try to address any concerns you may have. Leading the discussion are Robin Sukhia, Secretary General and President of Sweden-India Business Council (SIBC) and Håkan Kingstedt, Chairman of SIBC.
We look forward to seeing you in Malmö, and as there are limited seats available, please do register as soon as possible.