Prime Minister Narendra Modi, on an official go to to Sweden, urged Swedish corporations to develop their presence in India throughout manufacturing, inexperienced hydrogen and clear vitality. In talks with Prime Minister Ulf Kristersson and Swedish CEOs, he highlighted India’s reforms, digital public infrastructure and development. Discussions additionally lined resilient provide chains and superior manufacturing.
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Prime Minister Narendra Modi urged Swedish corporations to extend exercise in India’s manufacturing and clear vitality sectors. Modi additionally highlighted inexperienced hydrogen and different precedence areas for funding. The feedback got here throughout an official go to to Sweden, the place Modi met choose Swedish chief executives alongside Swedish Prime Minister Ulf Kristersson.
Modi linked the outreach to wider financial modifications underway in India. Modi spoke about reforms, regular native demand, and expanded manufacturing capability. Modi additionally pointed to India’s digital public infrastructure and ongoing work on next-generation infrastructure. Modi mentioned these components supported India’s quick financial shift.
Prime Minister Narendra Modi invitations Swedish corporations to develop in India
In keeping with the exterior affairs ministry, Modi requested Swedish corporations to develop their footprint by means of Make In India. Modi additionally referred to the Nationwide Inexperienced Hydrogen Mission and the Nationwide Essential Mineral Mission. Modi mentioned India supplied alternatives throughout clear vitality, defence, semiconductors, and superior manufacturing.
Modi mentioned India and Sweden shared values that supported stronger cooperation. Modi listed democracy, transparency, innovation and sustainability as frequent ideas. Modi urged companies to hyperlink Swedish functionality with India’s giant market. Modi additionally confused India’s expertise base and powerful development momentum.
Prime Minister Narendra Modi discusses provide chains and clear vitality with Sweden
The talks additionally lined areas past funding plans. Each side mentioned resilient provide chains and the inexperienced transition. The agenda included sustainable mobility, life sciences, and digital applied sciences. The exterior affairs ministry mentioned the main target was on deeper cooperation throughout these sectors.
Modi mentioned the 2 nations have been shifting previous a easy buying and selling mannequin. Modi mentioned India and Sweden have been working in the direction of a long run industrial partnership. Modi once more underlined linking Swedish innovation with India’s scale. Modi mentioned the intention was to co-create options for the twenty first century.
Prime Minister Narendra Modi cites EU Free Commerce Settlement for traders
Modi additionally referred to the commerce deal between India and the European Union. In January, India and the European Union EU concluded the Free Commerce Settlement FTA. At a joint press briefing, Modi mentioned the FTA would assist business, traders and innovators. Modi quoted Ursula von der Leyen calling it “the mom of all offers”.
The conferences in Sweden linked commerce, expertise and manufacturing priorities. Modi’s remarks positioned clear vitality and inexperienced hydrogen amongst key areas. The discussions additionally included provide chains, mobility, life sciences and digital instruments. Modi offered India-Sweden ties as shifting in the direction of longer industrial cooperation, supported by the EU FTA.
With inputs from PTI
