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StockWaves > Market Analysis > India Sweden strategic partnership agreed as Modi meets Kristersson in Stockholm
Market Analysis

India Sweden strategic partnership agreed as Modi meets Kristersson in Stockholm

StockWaves By StockWaves Last updated: May 18, 2026 4 Min Read
India Sweden strategic partnership agreed as Modi meets Kristersson in Stockholm
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India and Sweden have agreed to raise ties to a Strategic Partnership following talks between Prime Minister Narendra Modi and Prime Minister Ulf Kristersson. Discussions lined commerce and funding, expertise and innovation, defence and safety, inexperienced transition, area, and rising applied sciences. Bilateral commerce reached USD 7.75 billion in 2025. Modi additionally obtained the Royal Order of the Polar Star.India-Sweden Strategic Partnership talks on commerce and expertiseIndia-Sweden Strategic Partnership assembly included Crown Princess VictoriaIndia-Sweden Strategic Partnership go to additionally lined Maersk funding talks

India and Sweden have agreed to raise ties to a Strategic Partnership following talks between Prime Minister Narendra Modi and Prime Minister Ulf Kristersson. Discussions lined commerce and funding, expertise and innovation, defence and safety, inexperienced transition, area, and rising applied sciences. Bilateral commerce reached USD 7.75 billion in 2025. Modi additionally obtained the Royal Order of the Polar Star.

Enterprise


Up to date: Sunday, Might 17, 2026, 23:12 [IST]

India and Sweden on Sunday agreed to boost ties to a Strategic Partnership. Prime Minister Narendra Modi held talks with Swedish Prime Minister Ulf Kristersson. The agenda lined commerce, expertise, defence, and different areas. The Ministry of Exterior Affairs mentioned the choice marked a serious step in bilateral relations.

Consultant picture

Through the delegation-level assembly, the 2 sides reviewed the complete vary of hyperlinks. MEA spokesperson Randhir Jaiswal mentioned the leaders backed deeper work in commerce and funding. The dialogue additionally lined innovation, safety, and people-to-people ties. The leaders additionally shared views on regional and world issues.

India-Sweden Strategic Partnership talks on commerce and expertise

The leaders mentioned cooperation in inexperienced transition, area, and rising applied sciences. In addition they spoke about SMEs and analysis hyperlinks. Bilateral commerce reached USD 7.75 billion in 2025. They agreed to search out new alternatives utilizing the India-EU Strategic Partnership. In addition they referred to the lately concluded India-EU FTA.

Ulf Kristersson famous India’s progress in digital transformation and Synthetic Intelligence. Ulf Kristersson additionally talked about the position of the Indian group in Sweden. Narendra Modi invited extra Swedish participation in India’s progress. The leaders agreed to advance work in multilateral boards. In addition they careworn the necessity to reform the UN.

India-Sweden Strategic Partnership assembly included Crown Princess Victoria

Crown Princess Victoria joined the assembly and shared greetings from Sweden’s King and Queen. Narendra Modi thanked the hosts for the reception. Narendra Modi additionally despatched needs to King Carl XVI Gustav on the eightieth birthday. The 2 leaders reviewed cooperation throughout sectors in the course of the go to.

Narendra Modi additionally obtained the Royal Order of the Polar Star, Diploma Commander Grand Cross. The award cited distinctive contribution to India-Sweden relations and management. The popularity got here in the course of the go to, which was deliberate for 2 days. The talks occurred quickly after Narendra Modi’s arrival in Sweden.

India-Sweden Strategic Partnership go to additionally lined Maersk funding talks

Individually, Narendra Modi met Robert Maersk Uggla, Chairman of Maersk. The assembly lined potential funding in India. The main target included port infrastructure, logistics, and associated areas. Narendra Modi famous Maersk’s lengthy presence in India. The 2 sides additionally mentioned inexperienced delivery and expert mobility.

Earlier, Narendra Modi’s plane was escorted by Swedish Air Drive jets on entry. Ulf Kristersson welcomed Narendra Modi on the airport in a particular gesture. Narendra Modi had visited Sweden in 2018 for the primary India-Nordic Summit. Quickly after reaching Gothenburg, Narendra Modi met the Indian diaspora.

The diaspora occasion included music and dance performances. Swedish opera singer Charlotta Huldt sang Vaishnava Jana To. College students of Lilla Akademien carried out Bharatanatyam. In entrance of Ulf Kristersson, a show of Bengali tradition was offered. “Bengali tradition is standard world over and Sweden is not any exception,” Modi mentioned on social media.

With inputs from PTI

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Story first printed: Sunday, Might 17, 2026, 23:12 [IST]



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