Led by former CII president N. Kumar, the delegation will interact with Sweden's Trade Minister Ewa Bjorling as well as business leaders in that country.

The industry lobby will also organise an India Business Seminar in partnership with the Swedish Trade Council in which both ministers will participate. The objective of the visit is to deepen and strengthen India-Sweden economic relations through trade and investment, CII said.

Also, as Sweden will take over the European Union (EU) presidency later this year, it can help bring the India-EU free trade agreement talks on fast-track, the report said.

According to the report, electrical and electronic equipment, environment, food processing and infrastructure sectors are the potential sectors of cooperation between the two countries.