The policy brief, “Unlocking Synergies: India-Sweden Partnership in Innovation and Sustainability”, authored by-Jagannath Panda, Niklas Swanström and Mahima Duggal, published by the Institute for Security & Development Policy (ISDP), highlights the growing importance of India-Sweden cooperation in areas such as innovation, sustainability, and green transition. It argues that with their shared commitment to climate action, technological advancement, and trade expansion, the two nations are well-positioned to enhance bilateral collaboration. The brief identifies green technologies, digital transformation, and sustainable business models as key drivers of this partnership. It emphasises the potential for trade growth through start-up collaborations and joint ventures in clean technology sectors, while also underlining the mutual commitment to carbon neutrality and global sustainability initiatives.
In the short term, the brief recommends enhancing cooperation on sustainable manufacturing and renewable energy through joint initiatives, while promoting business exchanges between Indian and Swedish start-ups to foster innovation in green technologies. Over the medium to long term, it suggests establishing institutional frameworks for regular dialogue on climate and innovation policies and encouraging technology transfer to accelerate the adoption of green solutions and digital infrastructure.
Strategically, the report underscores how a strengthened partnership could boost bilateral trade and investments, particularly in clean technology and digital infrastructure. It argues that deeper cooperation would not only benefit both countries economically but also enhance their global influence in multilateral forums by positioning them as leaders in climate action and technological innovation. For India, this collaboration offers access to cutting-edge green technologies, supporting its economic growth and sustainability objectives.
