Sweden's Ambassador to India, Klas Molin recently asserted that India and Sweden are working on a partnership.

He stated, “We are working on creating Sweden-India partnership on innovation. We hope to refine and come (out) with a couple of concrete flagship programmes. They are not quite finalised.”

Molin added, “Ideally, we would like to have some seed money from both government and private sector (which can be) put into funds that can help finance startups in certain sectors.”

He further stated, “We are exploring different opportunities. We are looking at seed money for a couple of good and appropriate projects which after a while could continue to attract more funding from the private sector and other sources,” adding, “We also hope to have some high-level visits in coming weeks that might put the focus on this (innovation partnership).”