Industry Transition Partnerships
India-Sweden Industry Transition Partnership to accelerate the transition of heavy industry in India
At COP28 in 2023, Prime Ministers Narendra Modi and Ulf Kristersson launched the India–Sweden Industry Transition Partnership to speed up the transition towards cleaner industry. This partnership combines Sweden’s cutting-edge clean technologies with India’s industrial scale and ambitions to build pioneering clean steel and cement projects. Together, they are setting a model for how governments, industry, and banks coordinate their activities to build a cleaner future.