Prime Minister Shri Narendra Modi along with Her Royal Highness Crown Princess Victoria of Sweden and the Prime Minister of Sweden, H.E. Mr. Ulf Kristersson interacted with select Swedish CEOs on 17 May 2026. Prime Minister Modi highlighted that India and Sweden are connected by shared values of democracy, transparency, innovation and sustainability, which provide a strong foundation for an ambitious and forward-looking economic partnership.
He underlined that the India-Sweden partnership today is not merely an economic relationship, but a partnership of ideas, technology, innovation and co-creation. He welcomed the longstanding contribution of Swedish companies to India’s growth and encouraged deeper collaboration in research, innovation, green transition and manufacturing.
Prime Minister highlighted India’s rapid economic transformation driven by reform, strong domestic demand, digital public infrastructure, manufacturing expansion and next-generation infrastructure development. He invited Swedish companies to enhance their presence in India under initiatives such as MAKE IN INDIA, the National Green Hydrogen Mission, the National Critical Mineral Mission and expanding opportunities in sectors including clean energy, defence, semiconductors and advanced manufacturing.
The discussions also focused on strengthening cooperation in resilient supply chains, green transition, sustainable mobility, life sciences and digital technologies. Prime Minister Modi underlined the importance of combining Sweden’s strengths in innovation and sustainability with India’s scale, talent and growth momentum to co-create solutions for the 21st century.