This optimistic outlook builds on the fact that Swedish companies invested a total of $2.5 bn in India over the last six years, highlighting the expanding economic corridor between the two nations
Leading Indian companies like Tata Steel have joined hands with Swedish technology innovators to launch seven projects to drive decarbonisation in the domestic steel and cement sectors. As India advances towards its 2070 net-zero target, reducing emissions from these hard-to-abate sectors will be essential to support the country's infrastructure development, industrial growth, and long-term climate ambitions, a press statement has said. The projects include using hydrogen in rotary kilns for steelmaking, recycling steel slag to produce green cement, and deploying AI to support cement decarbonisation. Seven innovative projects have been selected to conduct pre-pilot feasibility studies in India under the Lead IT industry transition partnership, with funding from the Department of Science and Technology, Government of India and the Swedish Energy Agency, the statement said. Leading Indian and global companies, research institutes, and technology innovators are driving these seven ...
The European Union (EU) and its member countries have stepped up their engagement with India, in the face of punitive tariffs being imposed against New Delhi by the United States (US)
Jan Thesleff and Sofia Högman tell Archis Mohan they expect India-Sweden trade and investments to double in the coming years
India and Sweden can deepen their collaboration in innovation and green technology with a focus on addressing global climate challenges through sustainable industrial practices and renewable energy solutions, Swedish officials said. Officials of the Embassy of Sweden and Business Sweden, during an interaction with PTI, emphasised the shared potential for innovation and large-scale implementation of sustainable practices. "Sweden is a leader in green technologies while India has unparalleled capacity for large-scale implementation of the same. Together we can explore technologies like green hydrogen, carbon capture and circular economy practices," said Christian Kamill, Deputy Head of Mission, Embassy of Sweden. He highlighted areas like green hydrogen, carbon capture and circular economy practices as promising avenues for collaboration. Kamill also pointed to Sweden's strides in renewable energy and transport electrification, noting that over 50 per cent of Sweden's energy already
Sweden, along with other European nations, offers favourable visa options for professionals with expertise in technology and engineering
Swedish PE major planning to invest the amount this financial year
Sweden's Foreign Minister Tobias Billstrom and Latvia's Foreign Minister Krisjanis Karins arrived in India on Tuesday to attend the Raisina Dialogue set to be held in New Delhi from February 21-23.The Ministry of External Affairs official spokesperson, Randhir Jaiswal, stated that the two leaders were extended a warm welcome in Delhi.In a post on X, Randhir Jaiswal stated, "Greetings to our esteemed guests arriving for #RaisinaDialogue2024! FM @TobiasBillstrom of Sweden & FM @krisjaniskarins of Latvia arrive to a warm welcome in New Delhi."Earlier, Greek Foreign Minister Giorgos Gerapetritis arrived in New Delhi to attend the Raisina Dialogue.Raisina Dialogue is India's flagship conference on geopolitics and geoeconomics, committed to addressing the most challenging issues facing the global community.The ninth edition of Raisina Dialogue is set to be held in Delhi from February 21-23. It is being organised by Ministry of External Affairs in collaboration with the Observer ...
Diplomatic relations between Sweden and India were established in 1948, a year after India became independent
Prime Minister Narendra Modi met his Swedish counterpart Magdalena Andersson here on Wednesday and the two leaders discussed ways to deepen bilateral ties and the progress in the Joint Action Plan. "Cementing ties with Sweden. PM @narendramodi and @SwedishPM Magdalena Andersson held extensive talks on further diversifying the India-Sweden friendship," the Prime Minister's Office tweeted. Modi, who arrived here on Tuesday from Berlin on the second leg of his visit to three European nations, met Andersson on the sidelines of the second India-Nordic Summit in the Danish capital. A partnership founded on innovation, technology & investment. PM @narendramodi held bilateral talks with @SwedishPM Magdalena Andersson. Took stock of the progress in the Joint Action Plan. Appreciated the expanding scope of the jointly launched LeadIT initiative, Ministry of External Affairs (MEA) spokesperson Arindam Bagchi tweeted. During the 2018 visit of Prime Minister Modi to Sweden, the two sides ...
In its fourth quarter (Q4) results for 2021, the company took its paid subscribers to 180 million globally, and India was one of the leading countries in terms of user growth
This will be the third stint in India for Pulverer, who had joined IKEA in 1997 and worked across different roles within the Ingka Group firm, IKEA said in a statement
Prime ministers of the two countries on Friday noted defence is an important area of a long-standing collaboration
The matter did not come up during an online summit between the prime ministers of the two countries on Friday, the Ministry of External Affairs said
India and Sweden can deepen their partnership in several sectors, including smart cities, e-mobility, smart grids and waste management, Modi said
Prime Minister Narendra Modi will hold a virtual summit with his Swedish counterpart Stefan Lfven on Friday
Modi and Lofven also discussed over telephone the novel coronavirus pandemic and the steps being taken in their respective countries for controlling its health and economic impacts.
The minister also invited Indian companies to set up shops in Sweden as there is a lot for both the nations to learn from each other.
Separately, Modi and King chaired a meeting of the India-Sweden High-Level Policy Dialogue on Innovation Policy during which both sides discussed ways to expand engagement in research and development.
The Royal couple, who are on their second five-day visit to India after 26 years, were scheduled to arrive on their state aircraft