Private sector development and financial services

State Secretariat for Economic Affairs (SECO)

The Economic Cooperation and Development Division of SECO have been active in India for the last 30 years. SECO’s approach is mainly focused on innovative initiatives along with strong orientation to private sector development that contributes to sustainable environment.

India aspires to achieve a developed country status by the year 2025. To achieve this, India needs to sustain at least 8% growth rate over the next 15 years. This necessitates increased usage of natural resources, such as raw materials, energy & water and also compounds the problem of emissions. In short there is urgent need for India & Indian industry to focus on ecologically sustainable growth.


Some of the ongoing initiatives in India are in the fields of Value Chain development, Electronic waste recycling including plastic; Sustainable, Competitive, Responsible Enterprises (SCORE); Ecologically Sustainable Business Growth (Green House Gas Inventory in Industries) and Life Cycle Analysis of products.