SIBC inks pact with Maharashtra government for defence manufacturing and investment

The Sweden India Business Council (SIBC) and the Maharashtra government have signed a memorandum of understanding to work together in the areas of waste to energy, sustainable infrastructure and transportation, defence manufacturing, and investment.

Devendra Fadnavis, the deputy chief minister of Maharashtra, was present when the Agreement was signed.

“Maharashtra is the ‘Second Home’ to Swedish companies and ‘Power House’ of India. The relation between Maharashtra and Sweden is now 100 years old and we pledge to make it stronger ahead. Looking forward to work together in innovation, manufacturing, technology, solar energy, green and clean energies,” Fadnavis tweeted after signing of the MoU.

The MoU was signed between Sweden India Business Council (SIBC) and Maharashtra Industrial Development Corporation (MIDC).

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