Prabhu kicks off ‘Make in India: Sweden 2017’ to enhance Indo-Swedish trade relations
Source :NewsBharati   Date :13-Oct-2017

New Delhi, October 13: To enhance Indo-Swedish cooperation and explore new areas of partnership, the industry ministry is organising 'Make in India: Sweden 2017' from October 12-13.

The Indian delegation led by the Commerce Minister Suresh Prabhu held a bilateral meeting with the Prime Minister of Sweden, Stefan Löfven. The meeting reiterated the dedication to further strengthening of the Indo-Swedish economic relationship and exploring new avenues of collaboration.

Prabhu said, “I am excited that almost all top Swedish companies are present in India. Sweden is an old and trusted friend who came to invest in India when it was a tough time to do business, now it is the time of business oriented structural reforms and time is ripe for these partnerships.”

The Prime Minister of Sweden said, “I remember my last trip to India during the Make in India Week 2016, and am proud of the relationship, and how both sides have benefited so much. I look forward to intensely working with you. We are dedicated to making the relationship develop further”.

The Chief Minister of Maharashtra, Devendra Fadnavis, who was also present at the meeting, invited Swedish companies to visit India and assured them that requisite support will be extended to them.

Fadnavis said, “Maharashtra hosts more than 80 Swedish companies which have added great value to the economy. There are huge business opportunities in Maharashtra in Smart Cities. We look forward to collaborate with technology providers into solid and liquid waste management”. It was agreed that India’s rapid growth provides an immense pool of opportunities for Swedish companies.

The main highlight of the day was the second edition of the India-Sweden Business Leaders’ Roundtable (ISBLRT) which focused on cooperation between the two countries, progress update of four joint working groups (Digitization, Smart Cities, Defence and Security and Skill Development) and the work plan for the year to come.