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India and Sweden launched joint Industrial R&D programme to address shared challenges

11 Apr 2019

The programme is co-funded by Indian Department of Science & Technology (DST) and Sweden’s Innovation Agency – Vinnova. It aims to address challenges in the area of Smart Cities and Clean Technologies and Digitalization.

New Delhi, 11 April, 2019: India and Sweden today announced the India-Sweden Collaborative Industrial Research & Development Programme on the occasion of the Sweden-India Innovation Partnership AI for All Summit. The programme will address a range of global challenges through technology and innovation. The Joint programme is co-funded by Indian Department of Science & Technology (DST) and Sweden’s Innovation Agency – Vinnova. The new programme brings together the world class excellence of Sweden and India to address challenges in the area of Smart Cities and Clean Technologies and Digitalization / Internet of Things (IoT).

Full-Scale R&D projects, focused on co-development of new products, processes or technologies; Product Adaptation projects will be funded under this new programme. Vinnova will provide funding to Swedish side participants upto 2,500,000 Swedish Krona as grant. On the Indian side, conditional grant of upto 50% with a limit of INR 1.5 crores per project to Indian project partners to be provided.

Speaking on the occasion, Joakim Appelquist, Deputy Director General, Vinnova said, “India is the fastest rising research and innovation power in the world and a valued partner to Sweden. The India-Sweden Collaborative Industrial Research & Development Programme can play an effective role in taking the best out of Swedish and Indian innovators, making them work together and develop a solution that would fit and benefit both sides. I am delighted to be back here and very pleased with Vinnova’s enhanced collaboration with India.”

The Sweden-India science and innovation partnership has gone from strength to strength in last couple of years and high-level diplomatic visits have boosted interest in bilateral collaboration between the two countries. Last year, in April 2018, during Prime Minister Modi’s visit to Sweden, India agreed to deepen the collaboration  through the Joint Declaration on Innovation Partnership for a Sustainable Future. The partnership aims to increase impact of bilateral cooperation in innovation, science and technology. The Swedish government has earmarked an additional 50 million SEK to its innovation agency Vinnova to commence and inaugurate the innovation partnership with India.

Klas Molin, Ambassador of Sweden to India, said, “Moving from idea to innovation requires learning and collaboration. India and Sweden share values – responsibility, sustainability, doing more with less. Our countries can unleash co-innovation and co-creation to find solutions to global challenges. A year ago, we signed the Sweden India Innovation Partnership. Today we are announcing jointly funded programs. We are looking at deepening cooperation in the areas of smart cities, energy, digitalization, life sciences as well as developing our startup communities and allowing startups to grow and prosper.”

About the Programme

Department of Science & Technology (DST), Government of India and Swedish Governmental Agency for Innova_on Systems (Vinnova) have created funding mechanisms through which companies may seek support for joint R&D projects.
This India – Sweden programme aims to foster & support the development of collaborative R&D projects that bring together companies, research organizations, academics and other collaborators from both countries for the joint development of innovative products or processes. The project should aim to develop technologies that can be commercialized after 2 years through joint cooperation between India and Sweden. This Programme is technically and administratively managed by the Global Innovation & Technology Alliance (GITA) on behalf of DST in India and Vinnova in Sweden.

About Department of Science & Technology (DST), Government of India
The Department of Science & Technology (DST) of Government of India was established in May 1971, with the objective of promoting new areas of science & technology (S&T) and to play the role of a nodal department for organising, coordinating and promoting S&T activities in the country. The Department of Science & Technology has an important role in building a strong base for research, development and demonstration in India and in addressing national concerns about strengthening science and technology. DST, as a national agency for strengthening the base of science and technology in the country, has made a sincere attempt to address national concerns of India in basic research. For more information about DST, please visit www.dst.gov.in

About Vinnova
Vinnova is Sweden's Government Agency for innovation, formally under the Ministry of Enterprise. Our mission is to contribute to sustainable growth by improving the conditions for innovation. We do this mainly by funding research and innovation projects which aim to develop new solutions through call for proposals. We also invest long term in strong research and innovation environments. Vinnova’s funding promotes research and innovation collaboration between companies, universities and other higher education institutions, public sector, civil society and other actors. Our activities also focus on strengthening international cooperation. Vinnova is tasked with promoting sustainable growth by increasing the innovation capacity. Improved conditions for innovation will strengthen the capacity to reach the UN goals for sustainable development in Agenda 2030. Innovation will be crucial, to create new solutions that contribute to the goals within the framework of the priorities of the call. For more information about Vinnova, please visit www.vinnova.se

Last updated 11 Apr 2019, 5.18 PM