Prime Minister’s Office of India

05/17/2026 | Press release | Distributed by Public on 05/17/2026 21:21

PM’s Press Statement at the European Round Table for Industry

PM's Press Statement at the European Round Table for Industry

17 May, 2026

PM's Press Statement at the European Round Table for Industry


Your Excellency, Prime Minister Kristersson,
Your Excellency, Ursula,
Delegates from both countries,
Friends from the media,

Namaskaar!

First of all, I sincerely thank Prime Minister Kristersson for his warm welcome.

A short while ago, I was conferred with Sweden's highest honour, the Royal Order of the Polar Star. This honour is not just mine; it is an honour for 1.4 billion Indians. It is also a tribute to all our friends in Sweden who have enriched India - Sweden relations and provided them with a strong foundation.

I express special gratitude to Ursula ji for joining today's programme which gives special significance to my visit to Gothenburg, the industrial heartland of Sweden and Europe.

Friends,

The relationship between India and Sweden is built on strong foundations of democratic values, the rule of law, and human-centric development. Both our countries see innovation as a driver of growth, sustainability as a shared responsibility, and democracy as our strength.

In today's meeting, we discussed taking our cooperation forward based on these shared values and common interests. As our partnership is growing across all sectors, we decided to raise our relationship to the level of a Strategic Partnership. Under this partnership, we will move ahead in key areas such as green transition, defence, emerging technologies, and people-to-people connections.

Friends,

There is tremendous potential for cooperation between us in high-tech sectors such as AI, health-tech, and green mobility. A large business delegation from Sweden participated in the AI Impact Summit held in India this year. We will work on concrete initiatives to strengthen the "Sweden-India Technology and AI Corridor."

To strengthen connections between the startups and research ecosystems of both countries, we are going to establish the India - Sweden Science and Technology Centre.

There is also strong convergence between India and Sweden in our thinking on climate change and sustainability. The Leadership Group for Industry Transition, or LeadIT, is our joint global initiative under which we are focusing on low-carbon industrial transformation. Today, we decided to work on its third phase.

India is doing major work in areas like green hydrogen, the circular economy, and sustainable infrastructure. By bringing together Sweden's technology and India's scale, we can create climate solutions that benefit the whole world. India and Sweden's cooperation in the Arctic region is also playing an important role in improving global understanding of climate change.

Friends,

Our cooperation in the defence sector is steadily growing. The setting up of manufacturing facilities in India by Swedish companies shows that our partnership is moving beyond a buyer-seller relationship and becoming a long-term industrial collaboration.

Friends,

Ursulaji's presence today makes this occasion even more special. During her visit to India earlier this year in January, we took several historic decisions to strengthen India-EU relations further. I am happy to see that good progress is being made on all those outcomes.

The India-EU FTA will create new opportunities for industries, investors, and innovators. As Ursulaji said, this is the "Mother of all deals."

The Security and Defence Partnership and the Mobility Agreement have given new strength to our strategic and people-centric partnership. The India-EU Trade and Technology Council has further deepened our cooperation. We are working together in areas such as digital technology, clean energy, semiconductors, resilient supply chains, and innovation.

Political, economic, and strategic convergence between India and Europe is important for peace and stability across the world.

Friends,

In today's tense global environment, close cooperation between democracies like India and Sweden holds special significance. We have always emphasized dialogue and diplomacy as the means to resolve various tensions and challenges.

India and Sweden agree that terrorism is a grave challenge for all humanity. I express my gratitude to Prime Minister Kristersson for the support we received from Sweden after the terrorist attack in Pahalgam last year. We will continue our fight against terrorism and those who support it.

Excellencies,

Once again, I thank you for today's meaningful discussions. I am fully confident that through our shared efforts, India-Sweden and India-Europe partnerships will continue to move forward, and together we will keep contributing to global peace, security, and prosperity.

Thank you very much.

Addressing the joint press meet with PM Kristersson of Sweden and President of the European Commission, Ms. Ursula von der Leyen.@SwedishPM@vonderleyen https://t.co/bvQ0Jw6Dma

- Narendra Modi (@narendramodi) May 17, 2026

कुछ समय पहले मुझे स्वीडन के Royal Order of the Polar Star के सर्वोच्च सम्मान से सम्मानित किया गया।

यह सिर्फ मेरा सम्मान नहीं है, यह 140 करोड़ भारतवासियों का सन्मान है।

यह स्वीडन के हमारे उन सभी साथियों का भी सन्मान है जिन्होंने भारत स्वीडन संबंधों को समृद्ध किया, एक मजबूत…

- PMO India (@PMOIndia) May 17, 2026

भारत और स्वीडन के संबंध लोकतान्त्रिक मूल्यों, rule of law और human-centric development की मजबूत नींव पर आधारित हैं।

हम दोनों innovation को विकास का माध्यम मानते हैं,
sustainability को अपनी जिम्मेदारी समझते हैं और democracy को अपनी ताकत मानते हैं: PM @narendramodi

- PMO India (@PMOIndia) May 17, 2026

हर क्षेत्र में हमारे बढ़ते सहयोग को देखते हुए हमने हमारे संबंधों को Strategic Partnership के सूत्र में बांधने का निर्णय लिया।

इस partnership के अंतर्गत हम green transition, रक्षा, emerging technologies तथा people-to-people ties जैसे मुख्य स्तंभों पर आगे बढ़ेंगे: PM…

- PMO India (@PMOIndia) May 17, 2026

हम स्वीडन की technology और भारत के scale को मिलाकर पूरे विश्व के लिए climate solutions तैयार कर सकते हैं।

भारत और स्वीडन का arctic region पर सहयोग, वैश्विक climate understanding में महत्वपूर्ण योगदान दे रहा है: PM @narendramodi

- PMO India (@PMOIndia) May 17, 2026

India-EU FTA से industries, investors और innovators के लिए नए अवसर खुलेंगे: PM @narendramodi

- PMO India (@PMOIndia) May 17, 2026

आज की तनावपूर्ण वैश्विक स्थिति में भारत और स्वीडन जैसी democracies के बीच करीबी सहयोग विशेष महत्व रखता है।

विभिन्न तनावों और समस्याओं के समाधान के लिए भारत ने सदैव dialogue और diplomacy पर बल दिया है: PM @narendramodi

- PMO India (@PMOIndia) May 17, 2026

भारत और स्वीडन सहमत हैं कि आतंकवाद पूरी मानवता के लिए गंभीर चुनौती है।

पिछले वर्ष पहलगाम में हुए आतंकी हमले के बाद हमें स्वीडन से मिले समर्थन के लिए मैं प्रधानमंत्री क्रिस्टर्सन का आभार व्यक्त करता हूँ।

हम आतंकवाद और उसके समर्थकों के विरुद्ध लड़ाई जारी रखेंगे: PM…

- PMO India (@PMOIndia) May 17, 2026
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