Norway

India's economic ties with Norway have been driven sectors such as as oil and gas, shipping, renewable energy, and more.

US$280.9mn worth FDI inflow from April 2000 to March 2020

15,000 jobs generated by Norwegian businesses in India

Norway is second biggest exporter of seafood in the world

+100 Norwegian companies are currently engaged in India

US$ 301.7mn
FDI inflows to India from April 2000-March 2021

US$ 99.14mn

Bilateral trade value in 2020-2021

22,480
PIOs/NRIs currently live in Norway

Maritime

Norwegian expertise in maritime and shipping operations has been in strong demand worldwide, especially in developing economies.

Telecom

Norwegian telecom companies have been expanding in fast-growing developing markets to provide connectivity and equipment.

Oil and Gas

Norway is a leader in oil and gas exploration, especially from the offshore fields and has helped set up similar operations worldwide.

STEM

Norway has emerged as a leading global partner in science and technology R&D, especially to do with renewable and sustainability.

Renewable

Norway is a leading producer of renewable energy, with one of the world's largest concentrations of offshore wind energy assets.

India-Norway Bilateral Relations

There has been growth in economic and commercial relations between India and Norway in recent years, especially in areas such as oil and gas, shipping and maritime industries, renewable energy, offshore projects and service sectors.

India's Exports and Imports to Norway

Source: Department of Commerce

Norway India Chamber of Commerce & Industry

Visit Website

Oscars Gate 27, 0352, Oslo

Invest in Norway

+47 22 00 25 00

Visit Website

Pb. 448 Sentrum,Akersgata 13,0104 Oslo

Embassy of India, Oslo, Norway

; ;

+47-2411 5916, 2411 5914

Visit Website

Niels Juels Gate 30, PO Box 4055 AMB, 0244, Oslo, Norway

Opportunities

Agricultural exports

Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
Sparkling wine of fresh grapes (220410)
Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of >10 l (220429)
Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)

agriexchange.apeda.gov.in

Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in Ch.19, whethe … (190590)
Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)

agriexchange.apeda.gov.in

Other wheat and meslin (100199)
WHEAT GLUTEN , W/N DRIED (110900)

agriexchange.apeda.gov.in

Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)

agriexchange.apeda.gov.in

Cheese (excl. of 0406.10-0406.40) (040690)

agriexchange.apeda.gov.in

Food preps., n.e.s. (210690)

agriexchange.apeda.gov.in

Roses (060311)

agriexchange.apeda.gov.in

Food preps., n.e.s. (210690)
Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)

agriexchange.apeda.gov.in

Apples, fresh (080810)
Avocados, fresh/dried (080440)
BANANAS FRSH OR DRIED (080390)
Cranberries, bilberries & oth. fruits of the genus Vaccinium, fresh (081040)
Fruits of the genera capsicum/pimenta, fresh/chilled (070960)
Grapes, fresh (080610)
Live plants, n.e.s., incl. their roots; mushroom spawn (060290)
Mandarins, incl. tangerines & satsumas; clementines, wilkings & sim. citrus … (080520)
Strawberries, fresh (081010)
Tomatoes, fresh/chilled (070200)

agriexchange.apeda.gov.in

Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers (160521)
Crustaceans; frozen, cold-water shrimps and prawns in shell or not, smoked, cooked or not before or during smoking; in shell, cooked by steaming or by boiling in water (030616)
Fish fillet; frozen, cod (030471)
Fish; fresh or chilled, mackerel, excluding fillets, liver, roes, and other fish meat of heading 0304 (030244)
Fish; frozen, cod excluding fillet, livers, roes, and other fish meat of heading 0304 (030363)

fishexchange.mpeda.gov.in

Minerals

Production: 264,993 million tonnes
Export: US$ 75.71 million

ngu.no

Production: 1 203 382 million tonnes
Export: US$ 65.38 million

ngu.no

Production: 471,658 million tonnes
Export: US$ 2.4 million

ngu.no

Production: 76 million tonnes
Export: US$ 1.6 million

ngu.no

Production: 9,185 million tonnes
Export: US$ 4.7 million

ngu.no

Iron Concentrate:
Production: 35,19,116 million tonnes
Export: US $ 175.39 million

ngu.no

Production: 5,865,160 million tonnes
Export: US $ 159.9 million

ngu.no

Nickel Concentrate
Production: 8,569 million tonnes
Export: US$ 2.4 million

ngu,no

Production: 1,671,925 million tonnes
Export: US$ 40.4 million

ngu.no

Quartzite
Production: 1,111,657 million tonnes
Export: US$ 65.38 million

ngu.no

Production: 128,009 million tonnes
Export: US$ 6.8 million

ngu.no

Limenite (Titanium Ore)
Production: 630323 million tonnes
Export: US$ 61.5 million

ngu.no

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Automobile Components

Biotechnology

Chemicals

IT and BPM

Oil and Natural Gas

Pharmaceuticals

Ports and Shipping

Renewable Energy

Telecom

Thermal Power

Top Import/ Export Items

India's top import from Norway

Electronic goods
General industrial machinery
Scientific control equipment
Artificial resins
Plastic materials
Non-ferrous metals

India's top export to Norway

Transport equipment
Apparels
Cotton yarn and fabrics
Miscellaneous manufactured articles
Metals
Non-metal mineral items
Paper products
Cashew
Furniture
Travel goods
Leather items
Coffee, tea, spices
Footwear

Bilateral Investors

Chennai-based Aban Offshore took over Norwegian drilling company Sinvest

TCS, Infosys, HCL, L&T Infotech, Cognizant and Tech Mahindra have increased their presence in Norway

Tata Motors has bought a significant stake in Norwegian firm

Telenor is majority shareholder in Indian mobile operator, UNINOR

SN Power has invested in two hydroelectric power projects in Himachal Pradesh

Jotun has a significant presence in India

DNBNor, the largest Norwegian Bank opened its representative office in Mumbai

Norway

India-Norway Bilateral Relations