In­dia and Swe­den ink in­no­va­tion part­ner­ship

Khaleej Times - - INDIA -

stock­holm — With the aim to build a win-win part­ner­ship with Swe­den mak­ing use of the op­por­tu­ni­ties of­fered by In­dia’s de­vel­op­ment pro­grammes, the two coun­tries on Tues­day signed a Joint Ac­tion Plan and an In­no­va­tion Part­ner­ship fol­low­ing a bi­lat­eral sum­mit be­tween In­dian Prime Min­is­ter Naren­dra Modi and his Swedish coun­ter­part Ste­fan Lofven here.

Jointly ad­dress­ing the me­dia here along with Lofven af­ter their talks, Modi said that Swe­den has been a strong con­trib­u­tor to the Make in In­dia pro­gramme from the be­gin­ning and re­called that the Swedish Prime Min­is­ter him­self led a big busi­ness del­e­ga­tion to the Make in In­dia sum­mit in Mum­bai in 2016.

“The main theme of our dis­cus­sions to­day was how to de­velop a win-win part­ner­ship be­tween Swe­den and In­dia through the op­por­tu­ni­ties of­fered by In­dia’s de­vel­op­ment pro­grammes,” Modi said. “As a re­sult, we agreed to a Joint Ac­tion Plan and an In­no­va­tion Part­ner­ship.”

Stat­ing that in­no­va­tion, in­vest­ment, start-ups, man­u­fac­tur­ing were

Swe­den has been part­ner of In­dia in de­fence sec­tor for a long time. I am con­fi­dent that new op­por­tu­ni­ties for co­op­er­a­tion in this sec­tor will arise in the fu­ture, es­pe­cially in de­fence pro­duc­tion. Naren­dra Modi

among the main ar­eas of co­op­er­a­tion be­tween the two coun­tries, he said that at­ten­tion was also paid to re­new­able en­ergy, ur­ban trans­port and waste man­age­ment to im­prove the qual­ity of life of the In­dian peo­ple.

Ac­cord­ing to the Joint Ac­tion Plan, both sides will ini­ti­ate a multi-stake holder In­no­va­tion Part­ner­ship for a Sus­tain­able Fu­ture, un­der­pin­ning the mu­tual com­mit­ment to drive pros­per­ity and growth and ad­dress so­ci­etal chal­lenges such as cli­mate change and sus­tain­able de­vel­op­ment through in­no­va­tion. —

AFP

Ste­fan Lofven and Naren­dra Modi with chil­dren out­side the City Hall in Stock­holm on Tues­day. —

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