The Norwegian Business Association (India) was officially registered on 28th January 2013. The launch of the association was facilitated and formed by Norwegian companies in India with help from the Royal Norwegian Embassy in India and Innovation Norway’s branch in New Delhi.
The basic aim and objective of NBAI is to promote bilateral relationships and business in general between India and Norway, to facilitate the exchange of views and information between Norwegian companies and other companies or firms in India in which there is a direct or indirect Norwegian interest.
The NBAI will host several events throughout the year including breakfast meetings, seafood dinner, information sharing meetings and generally serve as a platform where businesses can share experiences and establish contacts and networks.
There is an increasing amount of Norwegian companies getting established in India, by April 2013, more than 130 companies were present. The current growth in Indo – Norwegian economic and commercial ties is fuelled not only by India’s growth, potential and overall attractiveness to foreign investors, but also by complementarities of interest in sectors such as deep off-shore, shipping, hydro-electricity, information technology, bio-technology and light consumer goods.
NBAI encourages all newcomers, as well as already established Norwegian companies and firms in India, to become members. The strength of our association, and the added value for our members, is all about having a broad range of businesses represented and a variety of experiences to be shared.