Prime Minister Narendra Modi has called on Swedish companies to expand their investments in India, highlighting the country’s rapid economic transformation and investor-friendly reforms. Addressing a business gathering during his interaction with leading Swedish firms, PM Modi said that India’s “reform express” is moving at full speed, creating massive opportunities across sectors such as manufacturing, technology, green energy, infrastructure, and innovation.
The Prime Minister emphasized that India has emerged as one of the world’s fastest-growing major economies due to consistent policy reforms, digital transformation, and ease-of-doing-business initiatives. He assured global investors that India is committed to creating a stable and transparent business environment that supports long-term growth and innovation.
PM Modi encouraged Swedish companies to take advantage of India’s growing consumer market, skilled workforce, and expanding industrial ecosystem. He pointed out that India and Sweden already share strong ties in areas such as sustainability, clean technology, smart manufacturing, and innovation-driven industries.
Highlighting India’s economic vision, the Prime Minister said the government is continuously simplifying regulations, improving infrastructure, and introducing business-friendly policies to attract foreign investment. He noted that sectors like renewable energy, electric mobility, defence manufacturing, semiconductors, AI, and digital services offer tremendous potential for global collaboration.
The Prime Minister also praised Swedish businesses for their technological expertise and sustainable business models, stating that their participation can contribute significantly to India’s development journey. He stressed that India’s focus on green growth and clean energy aligns closely with Sweden’s leadership in sustainability and environmental innovation.
Business leaders attending the interaction reportedly expressed optimism about India’s growth trajectory and acknowledged the opportunities created by ongoing economic reforms. Several companies are expected to explore deeper collaborations and expansion plans in the Indian market.
PM Modi further stated that India’s young population, rising middle class, and rapid digital adoption make it one of the most attractive destinations for international investment. He reiterated that the government’s goal is not only to accelerate economic growth but also to build resilient global partnerships.
The India-Sweden partnership has strengthened steadily in recent years, with cooperation increasing in trade, climate action, technology, healthcare, and advanced manufacturing. Analysts believe stronger engagement with Swedish companies could help boost innovation, create jobs, and support India’s ambition of becoming a global manufacturing and technology hub.