India – Sweden Innovations’ Accelerator

Welcome

The India-Sweden Innovations’ Programme is part of the intergovernmental cooperation between
India and Sweden in new energy and renewable energy technologies. Over the course of 18 months,
participating Swedish companies make three trips to India to explore the market, meet relevant
business partners and investors, and receive export coaching from the Swedish Energy Agency,
Business Sweden and the Confederation of Indian Industry (CII).

The aim of the Programme is to mitigate climate change through a transition to clean energy in
India. India and Sweden share the common objective of innovation and entrepreneurship as
essential tools for boosting competitiveness and sustainable economic growth.

The ISIA Programme is where potential meets opportunity. Sweden is a world leader in green
technology and is ranked number one in the EU as well as number three in the world, according to
the Global Innovation Index. India is a forerunner of entrepreneurship and is home to the third
largest start-up ecosystem in the world as noticed in the Global Startup Ecosystem Report 2022.

Understanding local conditions, adapting business offers and choosing the right partners aligned
with overall company strategy are very important success factors for foreign companies in India. The
Swedish companies participating in the ISIA Programme are environmental technology companies
with verified applications and/or solutions which can meet the needs of the Indian market, its
priorities and its purchasing power. The ISIA Programme places high value on ensuring that the
Swedish companies involved can respond to the rapid development in the country and that offered
solutions can be scaled up.