India, Sweden Announce Joint Innovation Partnership

India, Sweden Announce Joint Innovation Partnership

At the City Hall, Prime Minister Modi exhorted top Swedish CEOs to invest in India and participate in India's flagship initiatives.

Earlier, PM Modi hailed his relationship with Sweden during the joint statement issued by him and Swedish PM Stefan Lofven in Stockholm.

Meanwhile, Swedish Prime Minister Stefan Lofven, who also attended the event, hailed the Indian diaspora for its contribution.

The leaders noted that the unique strengths of India and the Nordic countries offer huge opportunities for trade and investment diversification and mutually beneficial collaboration, the statement said.

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

Stronger business relations between India and Sweden augur well for the people of our nations.

Prime Minister Modi particularly highlighted the importance India attaches to the cooperation in defence sector.

PM Modi along with his Swedish counterpart is scheduled to interact with business leaders of both countries to chart a future roadmap of co-operation in sectors like trade, science and technology, clean energy and smart cities. "Sweden has been a major supporter in India's Make in India programme.PM Löfven had praised this agenda and had said that Sweden will help in whatever way possible during his last trip to India". Prime Minister Löfven welcomed India's recent accession to the worldwide export control regimes, including to Australia Group (AG), Wassenaar Arrangement (WA), Missile Technology Control Regime (MTCR), and The Hague Code of Conduct against Ballistic Missile Proliferation (HCOC), and expressed support for India's membership of the Nuclear Supplier Group (NSG).




The two prime ministers will hold bilateral talks on Tuesday.

They said, these opportunities have enormous potential to create employment and sustainable development for people in India.

Sweden and India will strengthen their cooperation on defence, their prime ministers said on Tuesday, a move that could aid Sweden's Saab in its bid to sell its Gripen jet to replace India's Soviet-era MiG fighters.

Modi is here on the first leg of his five-day foreign tour which will also take him to the United Kingdom and Germany.

"This is my first visit to Sweden and a visit by an Indian PM after a gap of almost 30 years, " Mr. Modi tweeted soon after arriving in Stockholm.

Prime Minister Modi and Prime Minister Löfven met on 17 April and recalled their Joint Statement issued in Mumbai in 2016, welcomed progress so far on its implementation and reconfirmed their commitment to the Joint Statement as the overall political framework for cooperation.

While returning from Britain on April 20, he will stop over in Germany where he will meet German Chancellor Angela Merkel.

Related Articles

  • Kentucky teachers reject governor's apology

    Kentucky teachers reject governor's apology

    Could have said it better. "Many people have been confused or hurt or just misunderstand what it was that I was trying to communicate", Bevin said .
    Infinity War Runtime Revealed

    Infinity War Runtime Revealed

    In the comics, the character is covered in a deadly toxin, thus making her quite hard to handle in hand-to-hand combat. When you have a movie as large as Avengers: Infinity War, even some of the big names tend to fall by the wayside.
    Formula One : Daniel Ricciardo wins Chinese GP

    Formula One : Daniel Ricciardo wins Chinese GP

    The Red Bull team could not hide their delight, imploring the Australian to now challenge Vettelfor second spot. Behind him, Renault's Nico Hulkenberg drove a solid race for sixth, ahead of Alonso and an angry Vettel.
  • Fear The Walking Dead Will Make Way For More TWD Crossover

    Fear The Walking Dead Will Make Way For More TWD Crossover

    She agreed and confessed to Morgan that her name was really Anne, which will have larger implications in season nine. Showrunners promised "All-out war!" but the show suffered from sloppy writing and too many boring plotlines.
    Scientists accidentally create mutant enzyme that eats plastic waste

    Scientists accidentally create mutant enzyme that eats plastic waste

    But progress is slow, partly because big businesses have aesthetic concerns about bottles made from 100-percent recycled plastic. A high definition 3D model of the enzyme was created, using the powerful x-ray beamline at Diamond Light Source in Oxfordshire.
    Thousands of protesters shut down Armenia's capital, dozens injured in clashes

    Thousands of protesters shut down Armenia's capital, dozens injured in clashes

    Several hundred people sat or lay down on pavements on Monday, blocking roads leading to the parliament building and universities. One of the organizers of the protests, MP Nikol Pashinyan was also injured who soon recovered and returned from the hospital.
  • Facebook to Face Angry Illinoisans Over Facial Recognition Tech

    Facebook to Face Angry Illinoisans Over Facial Recognition Tech

    A California judge on Monday gave the green light to a three-year-old case claiming the social network violated IL law. On Monday, Judge Donato ruled to certify a class of Facebook users - a key legal hurdle for a class action suit.
    Sixers Embiid won't play in Game 2 against Heat

    Sixers Embiid won't play in Game 2 against Heat

    Embiid averaged 22.9 points, 11 rebounds, and 3.2 assists during 63 regular season games. "But everything has been going well". The Philadelphia 76ers didn't need Joel Embiid in their Game 1 blowout of the Miami Heat .
    Beyonce at Coachella: 'The greatest show to ever happen'

    Beyonce at Coachella: 'The greatest show to ever happen'

    We have been working hard and have a special show planned for you so please be safe and stay hydrated", she wrote on Facebook . Bey also got sister Solange and her Destiny's Child bandmates up on stage , and even had RiRi going insane in the crowd.
  • Heat snap 76ers 17-game winning streak, even up series

    Heat snap 76ers 17-game winning streak, even up series

    This game had a similar first half as Game 1, but saw more pressure on Philly's shooters from the get-go. Dwyane Wade put in a vintage performance to help the Miami Heat peg the series back to 1-1.
    London stabbings: Two dead and one critical in three attacks

    London stabbings: Two dead and one critical in three attacks

    Land and air ambulance crews treated him and he was taken to hospital in central London but died later in the evening. Dihan was the prime accused in Robin murder case filed with Kotwali Police Station a year ago , police said.
    Manchester City crowned Premier League champions

    Manchester City crowned Premier League champions

    Because of our win, City will no longer have the earliest title win, most points accumulated or a double over Manchester United . Mourinho greeted West Brom caretaker manager Darren Moore with a warm hug after the two teams had made their way onto the pitch.