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President Pranab Mukherjee announces e-tourist visas for Swedish nationals

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Stockholm/New Delhi: President Pranab Mukherjee on Tuesday announced e-tourist visas for all Swedish nationals during an interaction with business leaders from India and Sweden in Stockholm.

Mukherjee, who is on a state visit to Sweden, assured the Swedish CEOs that the Indian government is “responsive to industry and investors”.

“It is creating an appropriate atmosphere in the country to promote investment and manufacturing. A constant dialogue between investors and officials will help at the arrival of solutions to specific problems,” he said.

Addressing a Business Seminar later, the President said India-Sweden business relations date back to the early 20th century when Ericsson brought manual switches and telephone systems to India.

Swedish Match established its facility (WIMCO) in India in 1926. Since then, many other Swedish companies have established operations in India. There are 170 Swedish joint ventures and wholly owned subsidiaries in India.

Investments have also begun to flow from India to Sweden with around 50 Indian companies present in Sweden, said a Rashtrapati Bhavan statement.

The president urged businessmen of both sides to reinvent India-Sweden relations and give it new dimensions.

Welcoming the enthusiasm shown by Swedish firms in investing in India, he said the three Ds of India – Democracy, Demography and Demand will ensure that their investments are a huge success.

Pointing out that India is going to become a $8-trillion economy in PPP terms by the end of this year and its international trade will soon cross $1 billion, the president called upon Swedish investors to lend their expertise.

He said India will give them the capacity required, adding that India and Sweden should share their collective wisdom to move forward together, the statement said.

The Swedish CEOs said they are planning to increase their investments and employ more people in India. They warmly welcomed the government’s ‘Make in India’ initiative as well as other reform measures underway while they also drew attention to the challenges in doing business in India.

The Swedish CEOs who attended included Jacob Wallenberg, Chairman Investor AB; Hans Vestberg, President and CEO Ericsson; Hakan Buskhe, President and CEO SAAB; Olof Faxander, President and CEO Sandvik; Anders Grundstramer, Senior VP Scania/MD of Scania India; Carl-Henric Svanberg, Chairman Volvo Group and Goran Westerberg, CEO Rusta, the statement said.  (IANS)

 

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First Hindu Temple Lays Foundation Stone in Abu Dhabi

The temple will be built in phases with all the pink stones and marble being transported from Rajasthan to the UAE capital, the Khaleej Times said

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The temple is being built on 13.5 acres (55,000 square metres) of land gifted by Abu Dhabi Crown Prince Sheikh Mohammad Bin Zayed Al Nahyan to the Indian community. Wikimedia

The historic foundation stone-laying ceremony of the first traditional Hindu temple in Abu Dhabi was performed on Saturday in the presence of officials from India and the United Arab Emirates as well as thousands of members of the community.

The ceremony was presided over by Mahant Swami Maharaj — the spiritual leader of BAPS Swaminarayan Sanstha — the organisation building the temple, along with other priests. Indian Ambassador Navdeep Suri attended the event in the presence of over 2,500 Indians from the UAE and across the world, according to Gulf News.

Suri and BAPS Hindu Mandir committee head and community leader B.R. Shetty were among those who laid foundation stones. Some 50 priests from India were part of the ceremony, the Khaleej Times reported.

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Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan. Wikimedia

UAE’s Minister of Climate Change Thani Al Zoyoudi and Ahmad Bilhoul Al Falasi, Minister of State for Higher Education and Advanced Sciences, were among the attendees.  The temple will be built in phases with all the pink stones and marble being transported from Rajasthan to the UAE capital, the Khaleej Times said.

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The stones of the temple will be hand-carved by artisans in India and then transported to Abu Dhabi. Once completed, this will be the first traditional Hindu stone temple in the Middle East.

The temple is being built on 13.5 acres (55,000 square metres) of land gifted by Abu Dhabi Crown Prince Sheikh Mohammad Bin Zayed Al Nahyan to the Indian community. (IANS)