Address ‘ground level challenges’, ease regulatory frameworks: Norwegian businesses tell Modi
Norwegian industry leaders urged Prime Minister Modi to enhance India's ease of doing business by addressing regulatory challenges. During the India-Norway Business and Research Summit, they discussed the need for streamlined processes and faster approvals, particularly in the fertilizer sector. Both countries aim to double their bilateral trade, currently valued at $2 billion, by fostering closer business ties and collaboration.
- ▪Norwegian businesses highlighted the need for improved regulatory frameworks during a summit with PM Modi.
- ▪Yara Fertilizers CEO emphasized the importance of faster fertilizer approval processes to support farmers.
- ▪Bilateral trade between India and Norway is currently low, but both sides are committed to doubling it.
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| Original publisher | The Hindu — Top |
| Canonical URL | https://www.thehindu.com/news/national/address-ground-level-challenges-ease-regulatory-frameworks-norwegian-businesses-tell-modi/article70995506.ece |
| Publication time | Tue, 19 May 2026 02:05:46 +0530 |
| Retrieval time | 2026-05-18T20:44:56.949Z |
| Last seen | 2026-05-18T20:44:56.949Z |
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Opening excerpt (first ~120 words) tap to expand
India can improve its ‘ease of doing business’ by streamlining regulatory frameworks and addressing “ground level challenges”, Norwegian industry leaders told Prime Minister Narendra Modi during a candid conversation at the India-Norway Business and Research Summit held in Oslo on Tuesday (May 19, 2026)The event was part of Mr. Modi’s day-long bilateral agenda in Norway, where he and Norwegian Prime Minister Jonas Gahr Store met with about 250 participants including CEOs of 50 companies, where Indian and Norwegian businesses signed 19 B2B Memorandums of Understanding (MoUs). Mr.
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