Prime Minister Narendra Modi tells Swedish companies to expand their presence in India as he highlights ongoing policy reforms. Speaking during his official visit to Sweden at the European Round Table for Industry (ERT), Modi says India’s “reform express” is moving at full speed and points to opportunities for companies across multiple sectors. He calls for collaboration in areas such as manufacturing, green hydrogen, clean energy, and related technology and infrastructure initiatives. Modi also mentions sectors including telecom and digital infrastructure, with an aim to support India’s development as a global research and development hub. Additional areas cited include electronics and deep-tech manufacturing, AI, mobility, urban transformation, and healthcare and life sciences. He assures that India can put in place an institutional system to enable Swedish firms to participate in flagship projects in the coming years. Overall, his remarks focus on attracting investment and co-creating the next wave of technology innovation with European partners.
Modi urges Swedish firms to invest in India during Sweden visit
Prime Minister Narendra Modi tells Swedish companies to expand their presence in India as he highlights ongoing policy reforms. Speaking during his official visit to Sweden at the European Round Table...
- Prime Minister Narendra Modi makes remarks during an official visit to Sweden.
- Modi urges Swedish firms to increase investment and presence in India.
- He highlights India’s “reform express” and says reforms are moving quickly.
- Sectors mentioned include manufacturing, green hydrogen, clean energy, and telecom/digital infrastructure.
- He says an institutional framework can be created for Swedish companies to join India’s flagship projects.
Asserting that India's "reform express" is going at full speed, Prime Minister Narendra Modi on Sunday asked Swedish companies to enhance their presence in manufacturing, green hydrogen mission, clean energy and other sectors. Wooing European companies, Modi highlighted the potential in five broad areas, including telecom and digital infrastructure, and said they can help in making India a global R and D hub. Electronics, deep tech manufacturing, AI, green energy, infrastructure, mobility, urban transformation, healthcare and life science are among the other areas where the prime minister sought collaboration. On an official visit to Sweden, Modi, addressing the European Round Table for Industry (ERT), stressed that there are opportunities for all companies and assured that various steps, including an institutional system, can be put in place for them to be part of India's flagship projects in the coming years. The next wave of technology innovation should be co-created in India, h
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