Norway is India's 33rd largest investor and two-way trade has reached USD 1.1 billion
Background
Norway is India's 33rd largest investor, and bilateral trade between the two countries has reached USD 1.1 billion.
Cooperation sectors identified between the two countries include the blue economy, green hydrogen, renewable energy, fisheries and water management.
The two sides have held an India-Norway Business Forum to widen business collaboration.
Ms May-Elin Stener is the Norwegian Ambassador to India.
Commerce and Industry Minister Shri Piyush Goyal has proposed launching a startup bridge between the two countries.
Bilateral trade:
USD 1.1 billion
Norway's rank as investor in India:
33rd largest investor
Norwegian Ambassador to India:
Ms May-Elin Stener
Why it matters for exams: India's bilateral economic ties with individual partner countries are asked with ranks, figures and cooperation sectors.
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