Finnish Minister emphasizes supply chain growth, confident in Indian investments

Minister for Development Cooperation and Foreign Trade of Finland, Ville Tavio during his New Delhi visit hailed the growth trajectory of India and said that he welcomes Finnish companies to invest in India.

On global supply chain disruption and on how he sees India as a market, the minister underlined that it is important to create a strong supply network together and that “there are signs of protectionism”.

“As the global trade keeps on going, we do see signs of protectionism in terms that could also disrupt the supply chains because everyone wants to secure their own businesses, their own supply. It’s not very realistic to do everything by ourselves. So whether it’s Europe or it’s India, I think it’s better to create a strong supply network together,” said the minister during a press interaction.

“India’s huge growth creates opportunities for companies to invest in India. I welcome Finnish companies to look for possibilities in India. And likewise, we have many good Indian companies also operating in Finland and in Europe. So I can see the trade going better,” he added.