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Last Updated : Apr 17, 2018 06:34 PM IST | Source:

Sweden is a strong contributor to Make in India initiative: PM Modi

Narendra Modi, who is the first Indian Prime Minister in 30 years to have visited Sweden, announced that both countries have agreed on an innovation partnership and Joint Action Plan as part of bilateral relations

Moneycontrol News @moneycontrolcom

Addressing a press conference in Stockholm on Tuesday, Prime Minister Narendra Modi said Sweden has always been a significant contributor to the 'Make In India' initiative.

Modi talked extensively on how Sweden was actively involved in the indigenous Make In India scheme, adding that it was a matter of pride and joy that the Prime Minister of Sweden, Stefan Löfven, was part of a business delegation that visited Mumbai in 2016; and that outside India, a grand programme on Make In India was organised by Sweden in October 2017 of which PM Löfven himself was a part.

Throwing light on the talks regarding bilateral relations between India and Sweden, Modi said an extensive discussion was held where various developmental plans were chalked out. He said, " In conclusion to this, we have today agreed on an innovation partnership and Joint Action Plan. Innovation, investment, start-ups, manufacturing, etc are the key aspects of our partnership. In addition, we are also focusing on renewable energy, urban transport, waste management and other issues which are associated with the quality of life of Indian citizens."

Modi also said that he, along with Prime Minister Löfven, will meet renowned CEOs from Sweden and have deliberations with them on subjects related to trade and investment.

Prime Minister Modi created history today by  being the first Indian premier to visit the Nordic nation in 30 years. India and Sweden will co-host the first-ever India Nordic summit, which will also be attended by the Prime Ministers of Denmark, Finland, Iceland and Norway.
First Published on Apr 17, 2018 06:32 pm
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