PM Modi Pitches 'Make In India' To Top Swedish CEOs In Stockholm
PM Modi Pitches 'Make In India' To Top Swedish CEOs In Stockholm
Adnan Abidi Reuters
18 April, 2018, 00:22
After the delegation level talks here, Prime Minister Narendra Modi and his Swedish counterpart Stefan Lofven witnessed the signing and exchange of Joint Innovation Partneship and announcement of adoption of the Joint Action Plan.
Modi, Danish Prime Minister Lars Lokke Rasmussen, Finnish Premier Juha Sipila, Iceland Premier Katrin Jakobsdottir, Norwegian Premier Erna Solberg and Swedish Prime Minister Stefan Lofven participated at the Summit titled India-Nordic Summit:Shared Values, Mutual Prosperity.
The leaders noted that the unique strengths of India and the Nordic countries offer enormous opportunities for trade and investment diversification and mutually beneficial collaboration, the statement said.
PM Modi also said that Sweden has been a strong contributor to "Make in India" program. "However, we were not formally consulted via official correspondence about certain contents of NISAU's letter to PM Modi", a statement from Queen Mary Indian Society said. "PM highlighted the various investment opportunities in India".
India and Sweden today discussed ways for Sweden to become partner in India's development story. "We have made a decision to strengthen relations as far as cyber security is concerned". Modi said he and Lofven would also interact with top business leaders of both the countries and chart out a future roadmap of cooperation in sectors such as trade and investment, science and technology, clean energy and smart cities.
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Prime Minister Modi thanked Prime Minister Löfven for Sweden's support to India's candidature for non-permanent membership of United Nations Security Council (2021-22) and for Sweden's support to India's permanent membership of a reformed and expanded United Nations Security Council.
The two sides have agreed an innovation partnership and a Joint Action Plan, he said. This is Modi's maiden visit to Sweden and he is also the first Indian premiere to visit the country in the last 30 years.
Mr Modi said, India is focusing on issues like the urban transport and waste management which will improve quality of life. Additionally a major funding boost was injected into the bilateral process when Mr. Löfven announced that "The Swedish government will kick start our Innovation Partnership by providing up to 50 million Swedish kronor (over $59 million) for innovation cooperation in the field of smart cities and sustainability".
Earlier, Prime Minister Modi called on Swedish King Carl XVI Gustaf and exchanged views on strengthening bilateral cooperation across several sectors.
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