The Sweden India Business Council and the Maharashtra government have signed a memorandum of understanding to work together in the areas of waste to energy, sustainable infrastructure and transportation, defence manufacturing, and investment. Devendra Fadnavis, the deputy chief minister of Maharashtra, was present when the Agreement was signed on Saturday night. "Swedish firms' "Second Home" and India's "Power House" is Maharashtra. We promise to continue
strengthening the 100-year-old relationship between Maharashtra and Sweden. We look forward to collaborating on projects in innovation, manufacturing, technology, solar energy, and other clean and green energy sources "After the MoU signing, Fadnavis tweeted. The MoU was signed by the Maharashtra Industrial Development Corporation and the Sweden India Business Council (SIBC) (MIDC).
"Swedish business will keep growing and investing in Maharashtra. With the use of this Agreement, the two parties hope to forge closer links that will foster employment growth and technological collaboration as well as a more sustainable future "Prashant Agarwal, a member of the SIBC board, made the remark. The two parties, like the State of Maharashtra and the Sweden-India Business Council, have also decided to collaborate to look into and facilitate financial options.
"From the 1960s, when major Swedish businesses established operations in Pune, Maharashtra has historically been a significant location for Sweden. I am happy to see how our ties are growing and I applaud the Maharashtra government's new partnership with the Sweden-India Business Council "According to Anna Lekvall, the Swedish consul general in Mumbai.
