Team Sweden to launch ‘green transition partnership’ with India to promote sustainability

Mumbai: As committed to sustainability and green transition, Team Sweden in collaboration with top Indian corporates will launch, the “India-Sweden Green Transition Partnership” (ISGTP) on 23rd November 2022, in Mumbai.

This partnership will enable the six partner Swedish companies of the platform Absortech, Alfa Laval, Alleima, Hitachi Energy, KraftPowercon and SKF, to join forces with India’s leading corporates across cement, iron and steel, and automotive sectors with the objective of contributing to their green journeys.

Speaking about the relations between the two countries, Ambassador of Sweden to India, Jan Thesleff said, “For Sweden, a country known globally for its commitment to sustainable living for a better tomorrow, it is encouraging that local Indian companies continue to show their trust in Swedish partnerships.

“The launch of the Green Transition Partnership is another great example that highlights the need to collectively build a strong, green and clean future for all” he added.

The ambassador, “the bilateral relations between India and Sweden have progressively strengthened over the past decade and this will further fortify the collaboration between our countries.”

Team Sweden in India (the Embassy of Sweden, the Consulate General of Sweden, and Business Sweden) has played a crucial role over the years in building a sustainable tomorrow with India.

Consul General of Sweden to Mumbai, Anna Lekvall mentioned “Team Sweden in India continues to work closely with Swedish and Indian companies, amongst other stakeholders, on the green journey.

To share a common goal on environmental sustainability and together realise that vision, we are highly encouraged to see the Green Transition Partnership taking off at this scale.

“This platform will enable sustainable growth through the implementation of world-class innovations” she added.

Trade Commissioner of Sweden to India, Ms. Cecilia Oskarsson mentioned how “Sweden has traditionally taken giant strides towards co-creation and its innovation, making the country a sustainable and preferred choice for international co-operation.

Oskarsson said, “the theme of COP27, Implementation, gives us a chance to make things happen and as pioneers of solutions shaping tomorrow’s sustainable society, we are indeed proud of coming together with our Indian partners to pioneer the possible through this unique platform of the India-Sweden Green Transition
Partnership.”

According to an official statement, the ecosystem has received encouraging support in the form of partnerships with leading Indian conglomerates and institutions of national importance, Mahindra Group, TATA Power DDL, BSES Yamuna Power Limited, Indian Institute of Technology Bombay, Indian Institute of Technology Delhi and Indian Institute of Technology Madras.

An official program to promote green collaborations at an SME level, the India-Sweden Innovations Accelerator was developed a decade ago and has been serving as a catalyst for facilitating transfer of innovative clean technologies and solutions from Sweden to India under the Sustainability by Sweden Ecosystem.

India and Sweden have longstanding relations, both diplomatic and as trade and investment partners, dating back to the early 1900s.

Swedish businesses have a significant footprint in India with the operational presence of more than 200 companies that are generating over a million jobs directly and indirectly.