India and Sweden can deepen their cooperation in innovation and green technology with a focus on addressing global climate challenges through sustainable industrial practices and renewable energy solutions, Swedish officials said.
During an interaction with the Swedish Embassy and Swedish business authorities PTIEmphasized the shared potential for innovation and large-scale implementation of sustainable practices.
“Sweden is a leader in green technology while India has unparalleled potential for its large-scale implementation. Together we can explore technologies like green hydrogen, carbon capture and circular economy practices,” said the Embassy of Sweden. Deputy Head of Mission Christian Kamil said.
He highlighted areas such as green hydrogen, carbon capture and circular economy practices as promising avenues for cooperation.
Mr Kamil also pointed to Sweden’s progress in renewable energy and transport electrification, noting that more than 50% of Sweden’s energy already comes from renewable sources.
“We are in the process of increasing this share by investing extensively in wind and solar energy,” he added.
On sustainable industrial transformation, Mr. Kamil said that India’s manufacturing capacity and Sweden’s expertise in sustainable practices could yield significant results.
He also emphasized the potential of renewable energy integration and transportation electrification, saying that joint efforts “can accelerate the energy transition in both countries.”
Sofia Hogman, Sweden’s Trade Commissioner in India, highlighted the important role of Swedish companies in promoting sustainability in India.
She mentioned the India-Sweden Innovation Accelerator program, which has introduced more than 70 Swedish green-technology firms to the Indian market in 12 years.
“And this year alone we have organized five workshops where we have over 220 delegates representing 16 Indian industrial sectors,” she said, emphasizing the program’s role in advancing clean energy, green hydrogen and smart grids.
Swedish companies operating in India are already making a significant impact on urban sustainability.
Sweden’s Consul General in Mumbai, Sven Ostberg, cited examples of Envac’s solid waste management systems in Mumbai and Gujarat and IVL’s wastewater treatment plant addressing pollution of the Mithi River.
“We support these companies through consultancy and facilitate study tours to showcase their sustainable practices, which impact millions of Indian households,” he said.
According to Mr. Kamil, Sweden’s commitment to achieving carbon neutrality by 2045 is driven by policy, innovation and collective responsibility.
“Our strategy includes renewable energy, electrification, sustainable industrial practices and regeneration,” he said.
“The pioneering hybrid initiative uses green hydrogen in steel production, potentially eliminating emissions from one of the world’s most carbon-intensive industries,” he added. “Cultural and trade exchanges are also contributing to the sustainability goals.”
“Here Swedish companies prioritize people, planet and profit, working together with local communities on education and sustainability projects,” said Mr Östberg.
These efforts are promoting inter-cultural understanding and spreading Swedish practices in India, he added.
published – December 22, 2024 at 02:17 pm IST