Sweden-India Business Council (SIBC)
SIBC is a Stockholm-based bilateral business council founded in 2003 that facilitates trade, investment, and CEO-level engagement between Sweden and India through events, delegations, and the ISBLRT forum.
- Company typePrivate
- Founded2003
- HeadquartersStockholm, Stockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Sweden-India Business Council (SIBC) does
Sweden-India Business Council (SIBC) is a Stockholm-based bilateral business council founded in 2003 that facilitates trade, investment, and institutional engagement between Sweden and India. The organization operates as a member-driven intermediary with no technology platform; its core deliverables are events, sector-specific delegations to India, high-level roundtables, and a weekly newsletter. SIBC also serves as the official secretariat for the India Sweden Business Leaders' Roundtable (ISBLRT), a CEO-level forum established by joint statement of both Prime Ministers, co-chaired by Marcus Wallenberg (Chairman of SEB) and Baba Kalyani (Executive Chairman of Bharat Forge), with memberships restricted to CEOs and Chairpersons of multinational companies with minimum USD 1 billion turnover.
SIBC's product surface is event- and program-centric rather than software-centric. Core offerings include the Sweden India Innovation Bridge (a 5-day immersion program priced at EUR 2,500-4,000 per participant), the India Sweden Innovation Day (co-hosted with India Unlimited and the Embassy of India in Sweden), Manufacturing and Life Sciences Delegations to India, and the ISBLRT forum with four Joint Working Groups covering Digitization, Smart Cities, Defense, and Skilling. Revenue is generated through corporate and individual membership fees (subscription/recurring) and event/delegation participation fees; a tiered Platinum/Gold/Silver sponsorship structure (Electrolux, Saab Technologies, Volvo as Platinum) supplements this. The corporate membership base spans large-cap Swedish industrials (Volvo, ABB, Ericsson, Saab, Alfa Laval, Atlas Copco, Scania, StoraEnso, Autoliv), financial services (SEB), academic institutions (Chalmers, KTH), and Indian corporates with Swedish presence (Infosys, Wipro Sweden).
Governance is led by Secretary General and President Robin Sukhia, VP and Head of Cleantech Arati Davis, and Brand Ambassador Cecilia Oldne, supported by a small operational team. The organization is privately held, member-funded, and reports through the ISBLRT structure to both Prime Ministers' offices. Recent strategic positioning has been reinforced by the elevation of bilateral ties to a Strategic Partnership and the launch of the Joint Action Plan 2026-2030, which expands SIBC's mandate into emerging technologies, sustainability, and people-to-people engagement.
Sweden-India Business Council (SIBC) firmographics
Firmographics- Name
- Sweden-India Business Council (SIBC)
- Legal name
- Sweden-India Business Council
- Website
- https://sibc.se
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SIBC is a Stockholm-based bilateral business council founded in 2003 that facilitates trade, investment, and CEO-level engagement between Sweden and India through events, delegations, and the ISBLRT forum.
- Ownership category
- akta.pro rank
Sweden-India Business Council (SIBC) industry classification
Industry- Product category
- Bilateral Trade Facilitation and Business Council Services
- NAICS
- Business Associations (813910), Convention and Trade Show Organizers (56192)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Professional & Association Conferences (MPAGAGAB)
- akta.pro secondary industries
- Executive Summits & Invitation-Only Forums (MPAGAGAK), Industry-Specific B2B Trade Show Organizers (THAHABAB)
Keywords
Where Sweden-India Business Council (SIBC) is headquartered
LocationHeadquarters
- HQ city
- Stockholm, Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Sweden-India Business Council (SIBC) business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Membership Fees: SIBC generates revenue through corporate and individual membership fees, providing access to networking events, delegations, roundtables, and business intelligence services.
- Event and Delegation Participation Fees: Revenue generated from participation fees in programs like the Sweden India Innovation Bridge and sector-specific delegations to India.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Large Companies - SIBC/ISBLRT Members |
| Other | Multi-year contract | Large Companies - Non-Members |
| Other | Multi-year contract | SMEs, Academia & Incubators - Members |
| Other | Multi-year contract | SMEs, Academia & Incubators - Non-Members |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels9 records
Sweden-India Business Council (SIBC) product offering
Product offeringCore offering
SIBC is a bilateral business council that facilitates trade, investment, and innovation between Sweden and India. It sells corporate and individual memberships and organizes events, delegations, and the India Sweden Business Leaders' Roundtable (ISBLRT), providing members with networking, policy advocacy, business matchmaking, and market intelligence across manufacturing, life sciences, defense, digitization, smart cities, and skilling.
Product overview
Sweden-India Business Council (SIBC) is a bilateral business council that facilitates trade and investment between Sweden and India. Rather than a unified software product, SIBC operates as a membership organization offering programs and services including corporate/individual membership, the India Sweden Business Leaders' Roundtable (ISBLRT) high-level forum, delegation programs (Sweden India Innovation Bridge, Manufacturing Delegation, Life Sciences Delegation), annual events like India Sweden Innovation Day, and a weekly newsletter. These services collectively support bilateral economic exchange, innovation collaboration, and business networking between the two countries.
Differentiator
Problem solved
Functional benefit
Products and services
- Sweden-India Business Council Membership Corporate and individual membership program providing networking opportunities, business intelligence, policy advisory, and access to bilateral engagements between Swedish and Indian businesses.
- India Sweden Business Leaders' Roundtable (ISBLRT) A high-level platform for business leaders from Sweden and India to identify joint challenges in research, innovation, investments, financing, trade, business, industrialization, and regulatory issues, reporting to the respective Prime Ministers of both countries.
- Sweden India Innovation Bridge A 5-day delegation program in India designed to strengthen the innovation capacity of Swedish companies, providing exposure to India's startup ecosystem and Global Capability Centers (GCCs).
- India Sweden Innovation Day Flagship annual event co-hosted by India Unlimited, the Embassy of India in Sweden, and SIBC for the bilateral innovation partnership, featuring high-level participation, curated panels, and CEO roundtables.
- Manufacturing Delegation to India Organized delegation visit to India focused on manufacturing sector opportunities, market exploration, and business networking for Swedish companies and partners.
- Life Sciences Delegation to India Organized delegation visit to India focused on life sciences sector opportunities, partnerships, and market entry support for Swedish life sciences companies.
Quantifiable outcome
- Over 1,200 engagements facilitated over 22 years
- +2 more outcomes
Companies that use Sweden-India Business Council (SIBC)
Customer profileNamed customers16 records
Segments5 records
Ideal customer profiles4 records
Sweden-India Business Council (SIBC) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sweden-India Business Council (SIBC) partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered platinum partner, gold partner, silver partner, core and minor.
- Electroluxplatinum partnerElectrolux is a Platinum Partner of SIBC, participating in bilateral business activities between Sweden and India.
- Saab Technologiesplatinum partnerSaab Technologies is a Platinum Partner of SIBC, involved in defense and technology business discussions through ISBLRT.
- Volvoplatinum partnerVolvo Group is a Platinum Partner of SIBC and active member of ISBLRT, with Martin Lundstedt as President and CEO representing the company.
- Setterwalls Advokatbyrå ABgold partnerSetterwalls is a Gold Partner of SIBC, providing legal services and support to the bilateral business community.
- KTH (Royal Institute of Technology)silver partnerKTH is a Silver Partner of SIBC and participates in academic collaboration through the bilateral innovation ecosystem.
- IIRIS Consultingsilver partnerIIRIS Consulting is a Silver Partner of SIBC, providing consulting services to member companies.
- India Sweden Business Leaders' Roundtable (ISBLRT)coreSIBC serves as the secretariat for ISBLRT, a high-level platform for business leaders from Sweden and India. The group was established through a Joint Statement by both Prime Ministers and reports to the respective Prime Ministers. Swedish co-chair: Marcus Wallenberg (Chairman of SEB). Indian co-chair: Baba Kalyani (Executive Chairman of Bharat Forge).
- Sweden-India Business Leaders' Roundtable (ISBLRT)coreSIBC serves as the secretariat for ISBLRT with four main Joint Working Groups in Digitization, Smart Cities, Defense, and Skilling, plus Innovation and Startup as a common interest. ISBLRT members are restricted to CEOs and Chairpersons of multinational companies with minimum USD 1 billion in turnover.
- Team Sweden IndiacoreSIBC is part of Team Sweden India, involved with activities, initiatives, and ongoing plans among authorities, agencies and government related to the India-Sweden business relationship.
- India UnlimitedcoreIndia Unlimited collaborates with the Embassy of India in Sweden and SIBC to co-host the India Sweden Innovation Day, a flagship platform for the bilateral innovation partnership.
- Embassy of India in SwedencoreThe Embassy of India in Sweden collaborates with India Unlimited and SIBC to co-host the India Sweden Innovation Day and other bilateral activities.
- India-EU Free Trade Agreement FrameworkminorThe conclusion of the India-EU Free Trade Agreement and adoption of India-EU Strategic Agenda 2030 creates opportunities for deeper economic integration between India and Europe, benefiting bilateral Sweden-India relations.
- Joint Action Plan 2026-2030coreThe Joint Action Plan 2026-2030 builds on its predecessor with four pillars: Strategic Dialogue for Stability and Security, Next-Generation Economic Partnership, Emerging Technologies and Trusted Connectivity, and Shaping Tomorrow Together (sustainability, health, resilience, and people-to-people engagement).
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Sweden-India Business Council (SIBC) competitors and assessment
Company assessmentBroad incumbents
- Swedish Foreign Trade Association (Föreningen Svensk Export): Swedish-side trade policy and export-promotion body that collaborates with bilateral councils like SIBC and informs export-flow analyses (e.g., the 20-30% FTA uplift cited by SIBC); broader than SIBC but in the same ecosystem.
- Federation of Indian Chambers of Commerce & Industry (FICCI): One of the largest and oldest Indian business chambers, offering membership, sector-specific delegations, B2B forums, and policy advocacy across global corridors; comparable to SIBC's bilateral model but at a much larger scale and broader geographic scope.
- Confederation of Indian Industry (CII): Larger, India-side industry body that interacts with bilateral councils like SIBC; CII organizes large-scale conferences, B2B delegations, and policy advocacy across many country corridors, providing the broader institutional context within which SIBC operates.
- Swedish Chambers of Commerce Abroad (Utsrikeshandlarna): Umbrella/network of Swedish bilateral chambers operating globally; SIBC is part of the same ecosystem and these peer chambers offer overlapping member services, providing direct competitive and collaborative comparison points.
Direct peers
- Indo-German Chamber of Commerce (IGCC): Bilateral business chamber facilitating India-Germany trade and investment with a similar mix of corporate membership, executive-level roundtables, sector-specific delegations, and matchmaking services between two advanced-economy partners.
- US-India Business Council (USIBC): The most structurally analogous peer to SIBC: a bilateral business council with US-side institutional backing, organizing high-level CEO roundtables, policy advocacy, and trade missions between the United States and India. Comparable membership, government-relations, and delegation business model.
- French Business Alliance India (IFCCI): Indo-French Chamber of Commerce and Industry — a bilateral business chamber with membership, executive events, and trade delegations between France and India, structurally analogous to SIBC's model.
- Sweden China Business Council: Same bilateral-council model as SIBC but focused on Sweden-China relations, organized under Team Sweden and providing membership, events, and delegation services for Swedish firms engaging with China.
- UK India Business Council (UKIBC): Bilateral business council promoting UK-India commercial ties through memberships, high-level forums, sector delegations, and policy advocacy — virtually identical operating model to SIBC but between UK and India.
- EuroCham India: Pan-European chamber of commerce operating in India, competing for the same bilateral-member and delegation business as SIBC but aggregating multiple European country members — a direct substitute for corporates seeking India-side European coverage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sweden-India Business Council (SIBC) social profiles
Digital presenceSweden-India Business Council (SIBC) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sweden-India Business Council (SIBC) leadership team
Management profileNumber of profiles
Profiles3 records
Sweden-India Business Council (SIBC) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sweden-India Business Council (SIBC) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sweden-India Business Council (SIBC)
What does Sweden-India Business Council (SIBC) do?
SIBC is a bilateral business council that facilitates trade, investment, and innovation between Sweden and India. It sells corporate and individual memberships and organizes events, delegations, and the India Sweden Business Leaders' Roundtable (ISBLRT), providing members with networking, policy advocacy, business matchmaking, and market intelligence across manufacturing, life sciences, defense, digitization, smart cities, and skilling.
Is Sweden-India Business Council (SIBC) a public or private company?
Sweden-India Business Council (SIBC) is a private company. It is classified as unknown and is currently operating.
When was Sweden-India Business Council (SIBC) founded?
Sweden-India Business Council (SIBC) was founded in 2003. It employs 11 to 50 people.
Where is Sweden-India Business Council (SIBC) based?
Sweden-India Business Council (SIBC) is headquartered in Stockholm, Stockholm, Sweden, in the Europe region.
How does Sweden-India Business Council (SIBC) make money?
Two revenue lines are on record. Membership Fees are the primary driver. The others are event and Delegation Participation Fees.
Who are Sweden-India Business Council (SIBC)'s main competitors?
Broad incumbents on record are Swedish Foreign Trade Association (Föreningen Svensk Export), Federation of Indian Chambers of Commerce & Industry (FICCI), Confederation of Indian Industry (CII) and Swedish Chambers of Commerce Abroad (Utsrikeshandlarna). Direct peers are Indo-German Chamber of Commerce (IGCC), US-India Business Council (USIBC), French Business Alliance India (IFCCI), Sweden China Business Council, UK India Business Council (UKIBC) and EuroCham India.
Does Sweden-India Business Council (SIBC) have an API?
No public API is recorded for Sweden-India Business Council (SIBC).
What industry is Sweden-India Business Council (SIBC) in?
Sweden-India Business Council (SIBC)'s product category is Bilateral Trade Facilitation and Business Council Services. Its primary akta.pro industry code is MPAGAGAB, Professional & Association Conferences, with a secondary code of MPAGAGAK, Executive Summits & Invitation-Only Forums. Its NAICS code is 813910 and its SIC code is 8600.