Tuesday, 25 September, 2018

India, Sweden to Deepen Collaboration Through Strategic Innovation Partnership

A successful and prosperous India will be a force of good for the world says PM Narendra Modi in a speech read out on his behalf at the HT-MintAsia Leadership Summit in Singapore on Friday Swedish Prime Minister Stefan Lofven receives PM Narendra Modi at Stockholm
Ellis Copeland | 17 April, 2018, 20:50

PM Modi received a warm welcome at Stockholm as his counterpart Stefan Lofven broke protocol and went to receive him at the airport.

In the first leg of his visit, Modi will reach Sweden's capital Stockholm where he will hold extensive talks with Prime Minister Stefan Lofven, besides attending an India-Nordic Summit. "Sweden is a valuable partner in our development initiatives", Modi had said in a departure statement. "As a result, we have agreed on an innovation partnership and a joint action plan", he said.

A press update on the Government Offices of Sweden official portal said: "Areas of expertise including the environment, renewable energy, health, research and innovation are at the heart of the discussions on Sweden and India's continued bilateral cooperation".

Modi said after the talks, "A key pillar of our bilateral ties is our defence and security cooperation".

Saab had agreed to work with Adani Group in a bid to sell single-engine planes to the air force, but India has since widened the brief to both single and twin-engined planes. "I am confident that new opportunities for cooperation in this sector will arise in the future, especially in defence production". "I will be focusing on enhancing India-UK partnership in the areas of healthcare, innovation, digitisation, electric mobility, clean energy, and cyber security", the Prime Minister said. "We have been been closely cooperating on the global platform and this will continue".

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Describing the India-Sweden relationship as a "perfect match" Lofven said there was a greater focus on green technology and smart cities.

Stating that India is undergoing an unprecedented economic transformation, he said that Sweden has a lot of innovative solutions to offer in this connection.

This apart, he and his counterpart will attend a round table of Swedish CEOs.

Charles Frump, MD of Volvo Car India, who attended the meet, said Volvo shared their vision of electrified vehicles with Prime Minister Modi and stated how it was in line with the Indian government's vision. Modi's visit will include a rich bilateral & multilateral content in the form of meetings with other leaders and participation at two multilateral meetings, India-Nordic and Commonwealth Summits.

Apart from these two nations, he will also visit Germany on April 20 briefly.

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