India and Sweden ink innovation partnership
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. —