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India was ranked first in business climate among 41 global markets in the Global Business Climate Survey 2026, published by the Swedish Chamber of Commerce in India (SCCI) with Business Sweden.
Context
What the Survey Is
- An annual international benchmark capturing the perspectives, performance, profitability and expansion plans of Swedish multinational corporations operating in key global markets
- Jointly produced by Business Sweden and the Swedish Chambers of Commerce
- First instituted in 2020
- The 2026 edition is the largest to date, covering 41 major economies across Western Europe, Asia-Pacific, MEA+ and the Americas
Aim
- Provide a comparative framework tracking macroeconomic conditions, regulatory hurdles, ease of doing business and forward-looking investment sentiment for Swedish enterprises abroad
The Top Three Markets
- India
- Ireland
- Vietnam
— standing out for economic momentum, political stability and high investor confidence
India's Performance
- Ranked No. 1 overall in business climate favourability
- In the global top three for four consecutive years
- 73 per cent of surveyed Swedish companies rated India’s operating climate good or very good
- Along with the Philippines and Poland, India recorded the highest market-level revenue and growth projections
Global Findings
- Despite geopolitical shocks, 64 per cent of Swedish companies globally reported profitability
- 80 per cent maintained a neutral or positive operational outlook
- About 44 per cent plan to scale up investments over the next 12 months
- Asia-Pacific leads capital allocation over Europe and the Americas
- Winning strategy identified: cost discipline, sharp sales execution and integration into local supply chains
Important Facts for Examsmost asked
- Global Business Climate Survey 2026 — by Business Sweden and the Swedish Chamber of Commerce in India
- India ranked first among 41 markets; Ireland second, Vietnam third
- India in the top three for four consecutive years
- 73 per cent of Swedish firms rated India’s climate good or very good
- Global: 64 per cent profitable, 80 per cent neutral or positive, 44 per cent planning more investment
- Survey instituted in 2020; the 2026 edition is the largest yet
- Business Sweden — Sweden’s trade and investment promotion agency, jointly owned by the Swedish government and industry
- India-Sweden relations: a Strategic Partnership since 2018; the Leadership Group for Industry Transition (LeadIT), launched jointly by India and Sweden at the UN Climate Action Summit 2019
- India-Sweden links also include the India-EFTA TEPA framework (Sweden is an EU member, not EFTA), and cooperation on green transition and innovation
