Stockholm looks at Indian talents to boost tech ecosystem

Stockholm is building its own silicon valley of technology companies where it is looking for talents from across the world to set up their base.

Published: 08th October 2019 04:48 PM  |   Last Updated: 08th October 2019 04:48 PM   |  A+A-


For representational purposes


NEW DELHI: Swedish capital city Stockholm is looking to attract Indian talents to boost its technology ecosystem, especially to create wide startup base, a senior official at Invest Stockholm has said.

Stockholm city is also planning to set up an international house to make it easy for technology talents, especially from India, to easily get work permits and accommodation, Invest Stockholm CEO Anna Gissler told PTI in an interview.

"Every 5th technology workforce in Stockholm is an Indian. Both, Swedes and Indians, speak good English so it is easy for us to connect and then inclination towards technology helps us in strengthening it," Gissler said.

Sweden's capital city Stockholm is building its own silicon valley of technology companies where it is looking for talents from across the world to set up their base.

"Stockholm is ranked to have world's 4th best start-up ecosystem. We are not just looking for technology start-ups but start-ups that can have an impact. It may be a non-technology firm. We have mostly Europeans from other countries visiting Sweden because movement of European citizens within continent is free. Outside Europe, Indians are the largest base that we have," Gissler said.

There are 10 million inhabitants in Sweden and need global minds to nurture the startup ecosystem in the country, she added.

"We are now going to create an international house. We have to make it easier for people to apply for work permit. At least, it will be to make it valid for longer period. We also need to work on housing to welcome talents that come to the country," Gissler said.

Last month, Invest Stockholm along with the Sweden-India Business Council, Swedavia and Air India hosted over 30 Indian firms in Sweden to get them engage with the local ecosystem.



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