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The Danish IT sector from an Indian Investment Perspective

Developed in association with INVEST IN DENMARK, Govt of Denmark, the report provides a broad overview of the Nordic region and specifically raises awareness on Denmark’s economy & IT landscape, opportunities across various sectors, recommendations on do’s and don’ts, business culture, prevalent models for go-to-market etc. The intent of the report is to create a well - informed starting point for companies that are interested in serving the Nordic market through Denmark as a gateway.

The report is supported by Ministry of Electronics & IT, GOI

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Key Findings

Nordics, a high potential market for technology players from india
  • As a region the Nordics is a USD 1.78 Trillion economy and 10th largest globally. It enjoys a higher GDP growth compared to the EU average.
  • It has more than 50 companies with revenue above USD 10 Billion and about 250 above USD 1 Billion – underscoring a great opportunity for Indian tech companies.
Denmark, one of the easiest place to do business
  • Denmark is consistently ranked as one of the easiest places to do business.
  • Denmark is also facing a shortage of skilled professionals that is driving optimization of resource utilization and more offshoring opportunities. Setting up a company, seeking work permits, hiring and letting go are also relatively easier
Denmark’s commitment to green transformation agenda
  • A highly trusting society, Denmark’s commitment to the Green Transformation agenda & Sustainability is well known and can open a host of opportunities for Indian tech players to create a win-win partnership.
  • Equal sectoral opportunities exist among the SMEs and Large Enterprises in Denmark
Denmark’s pole position in areas like quantum computing, robotics, and AI
  • These capabilities can add tremendous value in Indian tech industry’s capability building.
  • Collaboration opportunities exist for research & development, and partner with universities.

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