India, Sweden explore deeper trade ties in clean energy, tech and infrastructure

Piyush Goyal tweeted: "Invited greater Swedish participation in India's growing infrastructure and manufacturing sectors."

On an official trip to Sweden, Union Commerce and Industry Minister Piyush Goyal on Wednesday met with Swedish Minister for International Development Cooperation and Foreign Trade Benjamin Dousa and State Secretary for Foreign Trade Hakan Jevrell to discuss enhancing bilateral cooperation across key sectors. As per an official release, the leaders of both the countries explored opportunities in clean energy, digital technology, climate action, healthcare, life sciences, and skill development.

In a post on social media platform X (formerly known as Twitter), Goyal stated that he has invited greater Swedish participation in India's expanding infrastructure and manufacturing landscape, expressing optimism about deepening economic ties.

"We discussed strengthening collaboration across sectors like clean energy, digital technology, climate, healthcare & life sciences, and skill development, among others. Invited greater Swedish participation in India's growing infrastructure and manufacturing sectors. Looking forward to unlocking new chapters of cooperation," the Union Minister added.

Had a highly productive meeting with Mr. Benjamin Dousa, Minister for International Development Cooperation and Foreign Trade, and Mr. Hakan Jevrell, State Secretary for Foreign Trade, Sweden, today.We discussed strengthening collaboration across sectors like clean energy, pic.twitter.com/P4wMAke3Lu

Piyush Goyal (@PiyushGoyal) June 11, 2025

Priot to his trip to Sweden, the Commerce Minister completed a two-day visit to Switzerland. During his visit, the minister interacted with the business leaders and CEOs of several companies in Bern. His discussions with the business delegates focused on how to best leverage the agreement to boost economic ties.

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Goyal also held a series of sectoral interactions with CEOs of several Swiss pharmaceutical and life sciences companies. Goyal also co-chaired a Business Roundtable on the Machinery, Electrical & Metal (MEM) Industry with Swiss Federal Councillor Guy Parmelin in Bern.

After the conclusion of his Switzerland visit, Goyal indicated that the Swiss part of the EFTA will possibly be implemented from October 2025, with the other three countries — Iceland, Liechtenstein, and Norway — already having ratified the trade deal.

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Goyal highlighted India's "remarkable transformation" over the past 11 years in terms of technology, innovation and how the country offers great avenues for doing business.

He also encouraged Swiss industry and businesses to explore unparalleled opportunities for growth and investment in India, leveraging India's skilled and talented workforce and facilitative business ecosystem.

(With Agency inputs)