Finland has backed India for a permanent seat at the United Nations Security Council. Both the countries will start a text based discussion at the 70th session of the UN General Assembly.
Finnish Prime Minister Juha Sipila is in Mumbai for the ‘Make In India Week’. In a joint statement, Prime Minister Narendra Modi and Juha Sipila talked about how to further Indian industries in Finland and Finnish companies in India.
It should be noted that there are around 100 Finnish companies and 25 odd Indian companies functional in Finland. Sipila inaugurated Finnish firm Trivitron’s Labsystems Diagnostics IVD (in-vitro diagnostics) factory in Chennai.
The India-Finland relationship will increase the investment in Finland’s tourist sector as more Indian visas will be issued and further people-people exchange between the countries.
A bio-refinery project for production of fuel grade ethanol, acetic acid, furfural and bio-coal from bamboo in Assam will also be initiated along with involvement in sectors including energy, telecommunication and bio-medical products.