PM Modi pitched India as a reliable economic partner while seeking deeper collaboration with European businesses in AI, clean energy, infrastructure and advanced manufacturing.
PM Narendra Modi used his Sweden visit to push for stronger democratic cooperation, deeper defence ties and faster progress on the India-EU trade agreement.
India and Sweden announced a five-year roadmap covering trade, defence, AI, space, startups, mobility and sustainability during Modi’s Gothenburg visit.
During the visit, the two leaders will hold discussions on strengthening bilateral cooperation across a wide spectrum of areas as enshrined in the Horizon 2047 Roadmap.
The Prime Minister’s Office (PMO) shared an article written by Commerce Minister Piyush Goyal, in an English daily, on its social media platform X.
Washington has reacted with concern after India and the European Union sealed a landmark trade pact, raising fears that the United States could be sidelined in global trade.
The prime minister underlined that this agreement with 27 countries will benefit Indian startups by easing access to funding and innovation ecosystems, while also boosting India’s creative economy in film, gaming, fashion, digital content, music, and design.
At the close, the Sensex rose 487.20 points, or 0.60 per cent, to settle at 82,344.68, while the Nifty gained 167.35 points, or 0.66 per cent, to end at 25,342.75.
According to experts, easy access to the large market of approximately 450 million consumers in 27 European countries will directly benefit Uttar Pradesh's traditional industries as well as modern manufacturing.
“The goal should be mutual growth anchored in quality, transparency, and patient safety under a MRA (mutual recognition agreement) based on common ISO standards,” Nath said.
