There is a good scope for joint ventures in paper sector between India and Finland. ``The Indian pulp and paper sector needs huge investments for their expansion and modernization. Though Indian companies are competitive, they dont have the proper technology to scale up their activities, Finnish ambassador, Glen Lindholm said in an interview to a newspaper. ``We are capable of filling the gap. Finnish expertise and innovativeness in paper technology is among the best in the world, Lindholm added.
Over the past 20 years, research and development in the Finnish pulp, paper and the wood industry has steadily improved to be among the best in the world. Finland can also offer its expertise in forest development and management.