PM Modi Invites Nordic Companies To Invest In India's Sagarmala Project

Prime Minister Narendra Modi participated in the second India-Nordic Summit along with Prime Minister Mette Frederiksen of Denmark, Prime Minister Katrín Jakobsdóttir of Iceland, Prime Minister Jonas Gahr Støre of Norway, Prime Minister Magdalena Andersson of Sweden and Prime Minister Sanna Marin of Finland on Wednesday (4 May) in Denmark's capital Copenhagen.

The Summit provided an opportunity to review the progress of the India-Nordic relations since the first India-Nordic Summit, which was held in 2018 in Stockholm, according to a PMO release.

Discussions were held on multilateral cooperation in post-pandemic economic recovery, climate change, sustainable development, innovation, digitalisation, and green and clean growth, the release said.

Further, the leaders also discussed cooperation in maritime sector with a focus on sustainable ocean management.

PM Modi invited Nordic companies for investing in the Blue Economy sector, especially in India’s Sagarmala project, the release said.

India’s partnership with the Nordic countries in the Arctic Region was also discussed during the summit.

PM Modi noted that India’s Arctic Policy provides a good framework for expansion of India-Nordic cooperation in the Arctic region.

He also invited the sovereign wealth funds of the Nordic countries to invest in India.