Jacob Wallenberg, Chairman of the Confederation of Swedish Enterprise and scion of the low-profile business dynasty behind industrial giants such as EQT AB, Ericsson and ABB - pressed the European Union and India to finalise a free trade pact at the earliest.
Urging political leaders of India and EU to conclude FTA at the earliest, he added that India is transforming rapidly and becoming a powerhouse of industrial growth. On his part, Commerce Minister Piyush Goyal acknowledged the major role the Wallenberg family has played for nearly a century in becoming an integral part of the India story.
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