ENA Global 2026-02-26 16:21:47 <p><span style="font-size:14px"><strong>New Delhi, Feb 26 (KNN)</strong> IndiaAI Mission and Business Sweden have signed a Statement of Intent (SoI) to strengthen bilateral cooperation in artificial intelligence (AI) and digital technologies. </span></p> <p><span style="font-size:14px">The agreement seeks to promote trade, investment and structured collaboration between India and Sweden in emerging technology domains.</span></p> <p><span style="font-size:14px">The SoI establishes a framework for joint work on the development, application and deployment of AI solutions, with a focus on real-world industrial and societal use cases. </span></p> <p><span style="font-size:14px">The initiative builds on the existing strategic partnership between the two countries and reflects shared priorities around innovation-led growth, responsible AI adoption and sustainable digital transformation.</span></p> <p><span style="font-size:14px">As part of the agreement, both sides will jointly develop the Sweden India Technology and Artificial Intelligence Corridor (SITAC). </span></p> <p><span style="font-size:14px">The corridor is envisaged as a flagship platform to facilitate structured engagement among government bodies, industry stakeholders, startups and academic institutions from the two countries.</span></p> <p><span style="font-size:14px">Under SITAC, proposed activities include the organisation of conferences, seminars and thematic workshops; facilitation of exchanges between AI ecosystems; field visits to innovation hubs; stakeholder engagements involving companies, investors, researchers and policymakers; identification of joint innovation platforms and investment opportunities; and promotion of bilateral deployment of AI solutions in priority sectors.</span></p> <p><span style="font-size:14px">According to officials, the collaboration aligns the IndiaAI Missions objective of building a comprehensive national AI ecosystem through improved access to compute infrastructure, datasets and skilled talent with Swedens strengths in industrial innovation, research and responsible AI implementation. </span></p> <p><span style="font-size:14px">The partnership is expected to support enterprises, startups and research institutions in developing scalable and inclusive AI applications while deepening economic and technological ties between the two countries.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span><br /> </p> 45293 https://knnindia.co.in/news/newsdetails/global/indiaai-mission-business-sweden-sign-pact-for-ai-digital-tech 2026-02-26 16:21:47 knnindia.co.in