"I believe that the most important topic in our talks on Tuesday was how Sweden can have a win-win partnership with India on the opportunities arising out of India's development". There has been an intensification of cooperation in areas such as green technology and smart cities, he said. In October 2017, PM Lofven participated in "Make in India: Sweden 2017" event organized in Stockholm.
Companies in Sweden, the largest Nordic economy in Europe is committing a fresh 1.1 billion dollars investment in India led by some of its major companies Volvo, IKEA, AstraZaneca amongst others. PM Modi also called on Swedish King Carl XVI Gustaf and exchanged views on strengthening bilateral cooperation across several sectors. Infusing new energy into their bilateral relations, Mr. Modi and Mr. Lofven held fruitful discussion on issues related to cooperation in innovation, trade and investment and culture.
Lofven announced a new innovation partnership worth 50 million kronor ($6 million) between the two countries that he said would be good "for job creation as well as for the climate".
In Defence, the action plan aims to "Explore the finalization of a bilateral agreement on exchange and mutual protection of classified information for cooperation in the defence area.Enhance Indo-Swedish dialogue on defence cooperation". "We have been closely cooperating on the worldwide platform and this will continue".
In his meeting with Prime Minister of Finland, Juha Sipilä, PM Modi discussed ways to increase cooperation in trade and investment, renewable energy, space, waste management, start-up creation and education. "In security cooperation, especially in cyber security cooperation, we have made a decision to strengthen our cooperation".
A brief stop to garland the Basaveshwara statue -which Modi had inaugurated during his last visit to the United Kingdom in 2015-on the banks of the river Thames will then be followed by his second meeting with May at an event hosted by the British prime minister at the Francis Crick Institute. "The previous visits took place in 1957 and 1988".
On his part, Lofven lauded India as a "global power" and said the two countries are a "perfect match".
Modi held bilateral talks with his British counterpart Theresa May ahead of Commonwealth Heads of Government Meeting.
Before the one-to-one meetings with the Nordic leaders, the PM interacted with Swedish CEOs at the City Hall in Stockholm.
On 20 April, the PM will fly to Germany where he will meet German Chancellor Angela Merkel.