Denmark is all set to roll out the red carpet for IT companies from Kerala planning to set shop there. A session on ‘Market Opportunities in Denmark’ was organised by the Group of Technology Companies (GTech) and Technopark in partnership with the Invest in Denmark organisation under the Ministry of Foreign Affairs of Denmark at Technopark last week.
Shanker Subramaniam, Senior Investment Manager, Danish Trade Commission spoke on the market opportunities for IT companies from Kerala in Denmark. Taking the session, Shanker said, “Denmark is an ideal location for SME from Kerala to set up their European base (Nordic hub) as Denmark is centrally located among the European countries. The shortage of skilled labour and the less investment required to set up an office in Denmark are the points which should attract Indian companies”.
Companies can start small and smaller companies can build relationships better. Clients in Denmark are demanding but don’t change vendors once selected. He also gave a brief presentation on Visas, Work and Residence permits in Denmark. Acoustics, IT services and Logistics are the industries that offer maximum opportunities in Denmark. Over the last few years 105 Danish companies have established themselves in India.
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