Dear Colleagues,

It is a humbling moment for me as I assume charge as Chairperson, FINCHAM India this month. It is a great honour and privilege to follow Sanjay Aggarwal (President, Fortum India Pvt. Ltd.) in this position of great responsibility. I wish to place on record my heartfelt appreciation and gratitude for the work done by my illustrious predecessors since FINCHAM was established in 2018.

Indeed, it has been an enormous journey since then as the trade between India and Finland surpassed 1 billion for the first time in 2022. This marks a significant milestone in the growing relationship between our two countries. I feel fortunate to be taking over the mantle at such an opportune time.

India’s ambitious growth agenda under a dynamic leadership affords a wide avenue for Finnish companies to use their technologically advanced products and solutions to accelerate economic development in the country. Finland will emerge as a strong, reliable partner country as India seeks to leapfrog several generations of standards and leverage the potential of Industry 4.0.

FINCHAM will continue to focus on our pronounced priorities such as : 

  • Sustainability – Conscious efforts in the way our member companies conduct business operations and in what we offer to our customers to meet their ESG objectives.
  • Ease of doing business – Engaging with the PMO, Ministry of Commerce and other industry chambers to identify difficulties and barriers and recommend mitigations.
  • Market navigation – Enabling our member companies to effectively navigate the regulatory landscape and achieve full compliance.
  • Strengthen our existing collaborations with both EU and Indian industry bodies and provide platforms for relevant B2B networking.

These and other emerging agenda items will be the attention areas as we plan our efforts for FY 2023-24. It would be great to work alongside our new Vice-Chairperson, Mr. Venkatesh Ramachandran, Managing Director, Wartsila India. I along with the Fincham Board will work on a detailed plan for 2023-24 and share the same with you in coming weeks.

On behalf of the Board, I would like to thank the Ambassador H.E. Ritva Koukku-Ronde and Dr Jukka Holappa, Country Manager, Business Finland, for their steadfast support to FINCHAM.

I look forward to your continued support, patronage and active participation in the Chamber’s initiatives.

Yours Sincerely,
Sanjay Malik
Chairperson, Finland Chamber of Commerce in India
Sr VP and Head of India Market, Nokia

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