PM Modi, Norway Government Conduct India-Norway Trade Summit Talks
Prime Minister Narendra Modi participated in the India-Norway Trade and Research Summit during his Norway visit, with both countries pushing for stronger economic and green energy cooperation. The latest update from the bilateral meeting highlighted new investment opportunities, business partnerships, and strategic collaboration in key sectors.
The summit was jointly addressed by PM Modi and the Prime Minister of Norway following bilateral discussions between the two sides. More than 50 CEOs from Indian and Norwegian companies attended the business and research summit focused on trade expansion and technology cooperation.
India-Norway Trade Summit Focuses on Green Economy Partnership
During the India-Norway Trade Summit, PM Modi underlined India’s business-friendly environment and invited Norwegian companies to expand investments in the country. He said India’s skilled youth population, investor-friendly regulatory framework, and growing market provide major opportunities for global businesses.
The Prime Minister also referred to the implementation of the Trade and Economic Partnership Agreement (TEPA), stating that sectors such as shipbuilding, healthcare innovation, and green technology could witness stronger Norwegian participation in India.
Officials said the summit discussions also focused on the green economy and maritime cooperation, which remain central to the India-Norway strategic partnership.
PM Modi Highlights Green Energy and Infrastructure Growth
PM Modi stressed India’s ongoing green transition and increasing demand for renewable energy and green infrastructure projects. He urged the business community from both countries to build long-term partnerships by combining Norway’s technological expertise with India’s large-scale economic opportunities.
The Prime Minister said India’s expanding green and maritime economy could open fresh avenues for trade, investment, and industrial cooperation. The summit discussions also covered sustainable development and energy security initiatives.
MEA Issues Official Statement on Bilateral Agreements
Ministry of External Affairs Secretary (West) Sibi George later addressed a press briefing and shared incident details from the Norway visit. He said the bilateral engagement resulted in significant progress in India-Norway relations.
According to the official statement, multiple business agreements were signed between companies from both countries. The agreements cover sectors including space technology, digital public infrastructure, sustainability, tunnelling technology, healthcare, and advanced technologies.
Officials said the green strategic partnership between India and Norway is expected to strengthen investment flows and support employment generation in emerging sectors.
India-Norway Economic Cooperation Expected to Expand
Government officials stated that stronger cooperation in the green and maritime economy can help India achieve long-term sustainable energy goals while improving energy security. The summit also reflected growing interest among Norwegian companies in India’s infrastructure and innovation sectors.
The India-Norway Trade Summit has emerged as a key platform for expanding bilateral trade ties and encouraging industry-level collaboration between the two countries. The latest update from the official visit signals continued diplomatic and economic engagement in strategic sectors.