MIDC Signs MoU with Sweden for Green Initiatives

Published on:
by KnowESG
KnowESG_Devendra Fadnavis
Picture of deputy chief minister of the state of Maharashtra, Devendra Fadnavis, during the event in Pune, India.

The Maharashtra Industrial Development Corporation (MIDC), the Government of Maharashtra, and the Sweden India Business Council (SIBC) signed a memorandum of understanding (MoU) on Saturday for sustainable infrastructure and defence manufacturing.

Deputy chief minister Devendra Fadnavis who was present on the occasion, said, “Out of the 260 Swedish companies in India, 43 are in Pune, including some of the largest manufacturers.”

The MoU will focus on waste-to-energy (green initiatives), financial services, including export credit financing agencies in Sweden, sustainable infrastructure and transportation, and defence sector manufacturing, among others.

The Consulate General of Sweden in Mumbai and the Embassy of Sweden in New Delhi have started a year-long programme to celebrate 75 years of bilateral relations between Sweden and India with the visit of Swedish state secretary for foreign trade, Håkan Jevrell and several other leaders of Swedish industry to Pune.

For more social and governance news

Source: Hindustan times


Social Governance Headlines

Crowe Poland Strengthens Sustainability Expertise

Crowe Poland Strengthens Sustainability Expertise

LeapFrog Invests in Climate Action with Key Appointments

LeapFrog Invests in Climate Action with Key Appointments

Exploring the Advantages of Online Learning for Career Growth

Revolutionizing Education With Marymount University's Online Platform

Infor Launches GenAI and ESG Reporting

Publicis Groupe Appoints First Chief Impact Officer

Recycled Materials Association Launches ESG Toolkit

AimHi Earth All Set to Empower a Sustainable Workforce

Companies Lag on ESG Strategies, Survey Finds

IKEA, IOM Partner for Migrant Inclusion