India, Sweden ink pact to collaborate on solutions for smart cities, clean tech

India, Sweden ink pact to collaborate on solutions for smart cities, clean tech
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  • India and Sweden Thursday launched a joint programme that will work towards addressing a range of challenges around smart cities and clean technologies among others.
  • The programme was co-funded by Indian Department of Science and Technology (DST) and Swedish agency Vinnova.
  • He cited the examples of Swedish companies like Volvo and Ericsson that have been present in the Indian market for many years and pointed out that new entrants like IKEA also have drawn up aggressive expansion plans to tap into the opportunity here.
  • Negotiations for the much-delayed pact between European Union (which Sweden is a part of) and India have been on for many years now.


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