PM Narendra Modi has visited Sweden at the invitation of the PM of Sweden, Ulf Kristersson. The visit transitioned the bilateral relations into a formal “Strategic Partnership” and adopted the “Joint Action Plan (2026-2030)”.
Building on a record $7.75 billion bilateral trade volume achieved in 2025, both nations agreed to double their trade over the next 5 years. During his address to the European Round Table for Industry (ERT) in Gothenburg, PM Modi highlighted that India has followed a “12-year trajectory of reforms, performance, and transformation”.
The “India-Sweden Small and Medium Enterprises (SME) and Start-up Platform” was initiated. The leaders also endorsed the “India-Sweden Technology and Artificial Intelligence Corridor (SITAC)”. Additionally, a virtual “India-Sweden Joint Science and Technology Centre (ISJSTC)” was launched to strengthen bilateral scientific cooperation.
In the field of space exploration, Sweden announced its participation in the Venus Orbiter Mission (“Shukrayaan”) of India, with the Swedish Institute of Space Physics supplying the advanced Venusian Neutrals Analyzer to fly aboard the spacecraft of the ISRO. Furthermore, both nations rolled out the “Tagore-Sweden” Lecture Series to deepen academic connections.