Maha & SIBC sign MoU for sustainable infra and defence manufacturing
ECONOMY & POLICY

Maha & SIBC sign MoU for sustainable infra and defence manufacturing

The Sweden India Business Council (SIBC) and Maharashtra government have signed a memorandum of understanding (MoU) for collaboration in 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.

After the signing of the MoU, Devendra Fadnavis tweeted, “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.”

The MoU was signed by the Maharashtra Industrial Development Corporation (MIDC) and the Sweden India Business Council (SIBC). “Swedish business will keep growing and investing in Maharashtra. With the use of this Agreement, the two parties hope to forge closer links that will foster employment growth and technological collaboration as well as a more sustainable future" Prashant Agarwal, a member of the SIBC board remarked.

The two parties, like the State of Maharashtra and the Sweden-India Business Council, have also decided to collaborate to look into and facilitate financial options. Anna Lekvall, Consul General of Sweden in Mumbai said, “Maharashtra has historically been an important region for Sweden, right from the 1960s, when large Swedish companies set up operations in Pune. I am delighted that we are deepening the ties in many ways and welcome the new collaboration between Maharashtra government and Sweden-India Business Council.”

The Sweden India Business Council (SIBC) and Maharashtra government have signed a memorandum of understanding (MoU) for collaboration in 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. After the signing of the MoU, Devendra Fadnavis tweeted, “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.” The MoU was signed by the Maharashtra Industrial Development Corporation (MIDC) and the Sweden India Business Council (SIBC). “Swedish business will keep growing and investing in Maharashtra. With the use of this Agreement, the two parties hope to forge closer links that will foster employment growth and technological collaboration as well as a more sustainable future Prashant Agarwal, a member of the SIBC board remarked. The two parties, like the State of Maharashtra and the Sweden-India Business Council, have also decided to collaborate to look into and facilitate financial options. Anna Lekvall, Consul General of Sweden in Mumbai said, “Maharashtra has historically been an important region for Sweden, right from the 1960s, when large Swedish companies set up operations in Pune. I am delighted that we are deepening the ties in many ways and welcome the new collaboration between Maharashtra government and Sweden-India Business Council.”

Next Story
Infrastructure Urban

Coal Ministry Achieves Milestones under Special Campaign 5.0

The Ministry of Coal and its Public Sector Undertakings (PSUs) have achieved notable milestones under the Special Campaign 5.0, focusing on cleanliness, operational efficiency, and sustainability across the coal sector. During the implementation phase from 2–31 October 2025, over 1,205 sites were cleaned, covering 68,04,087 sq ft, nearing the target of 82,51,511 sq ft. Scrap disposal of 5,813 MT against a target of 8,678 MT generated Rs 228.7 million in revenue. In addition, 1,11,248 physical and 30,331 electronic files were reviewed, with 74,123 weeded out or closed. Key initiatives showc..

Next Story
Infrastructure Energy

Vesting Orders Issued for Three Coal Blocks under Commercial Auctions

The Ministry of Coal’s Nominated Authority has issued vesting orders for three coal blocks under commercial coal block auctions on 23 October 2025. The Coal Mine Development and Production Agreements (CMDPAs) for these mines were earlier signed on 21 August 2025. The three blocks include Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi. Of these, two are partially explored while one is fully explored, with a combined peak rated capacity of around 1 MTPA and geological reserves of approximately 1,484.41 million tonnes. These mines are expected to generate annual revenue of abou..

Next Story
Infrastructure Urban

TEC, IIT-Hyderabad Partner to Boost 6G and Telecom Standards

The Telecommunication Engineering Centre (TEC), technical arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) for joint research and technical collaboration in advanced telecom technologies and standardisation. The partnership focuses on developing India-specific standards and test frameworks for next-generation networks, including 6G, Artificial Intelligence (AI), and Non-Terrestrial Networks (NTNs). It also aims to enhance India’s participation in international standardisation f..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?