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Home Economy

Union Minister says, Indo-Swedish cooperation in Energy Sector will go a long way in achieving the ultimate goal of fossil fuel free economy

by Economy India
October 26, 2021
Reading Time: 3 mins read
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Addressing the India-Sweden Innovation meet today, Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that India and Sweden cooperation in Energy Sector will go a long way in achieving the ultimate goal of fossil fuel free economy. 

Delivering the Inaugural Address at the 8th India-Sweden Innovation Day meet on the theme ‘Accelerating India Sweden Green Transition’, Dr Jitendra Singh said, cooperation in the energy sector was identified as an important area during the visit of Prime Minister Narendra Modi to Stockholm in April 2018. as India is looking for technology solutions for clean energy.

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Swedish Energy Agency

The Minister noted with satisfaction that the Department of Science & Technology and the Swedish Energy Agency have worked out and launched a Call for Industrial R&D proposals in this sector and received 20 joint industry led proposals which are in an advanced stage of consideration and we may implement shortlisted projects soon.

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Identified Several Important Themes

Dr Jitendra Singh informed that following the visit of Prime Minister Modi, the scientific cooperation was reviewed at official level by the Joint Committee held on 2 May 2019 and they had identified several important themes for S&T cooperation such as Smart Cities, Clean Technologies, Digitalization including Internet of Things, Machine Learning, Circular economy etc and both Department of Science and Technology and Swedish Ministry of Enterprise and Innovation are implementing. The Joint Call was announced by Prime Ministers of both countries during their bilateral meeting on 5th March 2021, which resulted in 22 projects and three joint projects have been recommended from both sides for funding.  

Swedish FORTE

Dr Jitendra Singh noted with satisfaction a new joint call on Circular economy including the themes such as Health Science and Waste to Wealth by the Department of Science and Technology, Department of Biotechnology and Swedish Vinnova during 2021-2022. He said, the ICMR India and Swedish FORTE have also agreed to launch the new call in 2021-2022 on broad themes viz., Public health, prevention, and health promotion Organization and provision of care for the elderly. In addition, The Department of Bio Technology is already engaged with Swedish Partners on Incubator Connect, Digital Health Care and Global Bio India programmes, enhancing the partnerships in the field of Bio Technology, the Minister added. 

Important Component of the Bilateral Cooperation

Congratulating Indian and Swedish scientists for the successful 8 years of the India-Sweden Innovation Day celebrations, Dr Jitendra Singh said, the Science and Technology cooperation between two countries forms the important component of the bilateral cooperation, which was initiated through the Indo-Swiss Inter-Governmental Agreement signed in Stockholm on 9th December 2005. This agreement has provisions for cooperation. It includes the exchange of scientists, graduate students, research workers, technologists, other specialists and scholars among others.  

Indo-Swedish Cooperation

In his address, Ibrahim Baylan, Swedish Minister for Business, Industry, and Innovation said that Indo-Swedish cooperation continued even during the challenging times of the COVID pandemic. He said, that the number of scientific collaborations has increased since 2018 and called for finding new solutions, new resilience for developing a sustainable society. He said, Sweden is working hard on becoming a fossil fuel free economy and developing new climate neutral technology products. 

Swedish Ambassador to India

Tanmaya Lal, Ambassador of India to Sweden and Latvia, Ambassador Klas Molin, Swedish Ambassador to India, Dr. Renu Swarup, Secretary, Dept of Science & Technology & Dept of Biotechnology, Government of India, Ms. Darja Isaksson, Director General, Vinnova, Mr. Sanjoo Malhotra CEO India Unlimited & Mr. Robin Sukhia, Secretary General and President Sweden-India Business Council and senior officials from both the sides took part in the conference.

Tags: Business Updates on Indian EconomyCurrent Updates of Indian EconomyDr Jitendra SinghEconomic Development of IndiaEconomy IndiaEconomy India UpdatesEconomy NewsEconomy News of IndiaEconomy News Portal of IndiaEconomy News UpdatesEconomy Updates from IndiaEnergy SectorIndia EconomicIndian EconomyIndian Economy OutlookIndian Economy UpdatesLatest Development on Indian EconomyLatest Updates on Indian EconomyNews Around Economy of IndiaNews on Indian EconomyNews on World of Indian EconomyOverview of Indian EconomyPM’s Atmanirbhar BharatRecent Development in Indian EconomySwedish CooperationUnion Minister
Economy India

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Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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