Government calls out to Indo-Swedish companies for supporting startups

October 27, 2022 | Thursday | News

Dr Jitendra Singh addresses 9th edition of the India-Sweden Innovation Day

image credit- pib

image credit- pib

Minister for Science & Technology, Dr Jitendra Singh said that Indo-Swedish companies must support startups from both sides and undertake collaborative research and human resource exchange.

Addressing the 9th edition of the India- Sweden Innovation Day through virtual mode, Dr Jitendra Singh said, collaborative research and joint startups ecosystem will help build a shared future by harnessing the power of science, technology and innovation for social good.

Referring to the joint projects having significant potential to improve public health, nursing or care in India and Sweden, Dr Jitendra Singh informed that in 2020, the Department of Biotechnology (DBT), Government of India, and Vinnova, Government of Sweden announced grant funding to implement projects aimed at producing new solutions which, aided by artificial intelligence (AI), have significant potential to improve public health.

Dr Jitendra Singh underlined that the partnership covers several areas, including smart cities, transportation and eMobility, energy, clean technologies, new materials, space, circular and bio-based economy, and health and life sciences. The India-Sweden Innovation Partnership bridges institutions, R&D intensive industries and creative entrepreneurs to address global challenges in line with the UN Sustainable Development Goals.

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