India, Sweden launch joint programme for smart cities, clean technologies - Latest News | Gadgets Now
11 April 2019 6:20 AM GMT
The programme was co-funded by Indian Department of Science and Technology (DST) and Swedish agency Vinnova.
- 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.
- Molin highlighted that a 'triple helix' model of innovation that involves participation of government, industry and academia would be useful as these partners can work towards using new technologies like artificial intelligence to develop solutions that help meet goals of sustainable development.
- 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.