Panaji:The recently signed India-EFTA (European Free Trade Association) Free Trade Agreement between India and Norway has prompted Nordic firms to explore Goa as a potential hub.
With expansion plans in hand, two firms—Visual Registration System (VRS) and Odda Digital System—initiated strategic talks with key industry stakeholders and policymakers in Goa.
The discussions included product demonstrations and collaboration proposals with local teams across multiple sectors in the state.These engagements were facilitated by Kilowott, a Porvorim-based IT company with operations across three continents.
Kilowott is spearheading a pilot ‘market entry’ programme designed to help Norwegian firms explore and establish business operations in India. “The Trade and Economic Partnership Agreement (TEPA) between India and EFTA has created a more favourable landscape for collaboration by removing trade barriers, improving investment conditions, and enhancing workforce mobility,” said Kilowott co-founder Judah Fernandez. “As a result, Norwegian companies are actively looking at India as a strategic base for growth.”
As part of the programme, Kilowott arranged targeted demo sessions with prominent Goan companies, including Joecons Marine Exports, Models Group Goa, John Distilleries, Pai Kane Group, Goldy Finepacks and Aviza Technologies. The VRS and Odda Digital teams were able to showcase their solutions, understand operational challenges, and explore customised offerings tailored for the Indian market.The discussions about Goa being a potential hub began at an event organised by the Norway India Chamber of Commerce and Industry in collaboration with the Indian embassy in Norway.
The aim of the meeting was to explore avenues for deepening bilateral economic ties. If successful, the bilateral engagements will unlock mutual growth for Norwegian companies and Goan entrepreneurs. Fernandez said that Norwegian companies will gain access to India’s fast-growing market, while Indian businesses will benefit from Nordic technology, knowledge sharing and strong partnerships.These collaborations also help drive innovation, generate employment and increase revenue opportunities for both economies.
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