India and Sweden have signed a Statement of Intent to deepen collaboration in artificial intelligence and digital technologies, formalizing a new framework aimed at boosting innovation, trade, and investment between the two nations.

The agreement was signed on the sidelines of the India AI Impact Summit 2026 by the IndiaAI Mission and Business Sweden. It establishes a structured approach to jointly develop, deploy, and scale AI solutions, focused on delivering tangible industrial and societal benefits.

Central to the initiative is the launch of the Sweden–India Technology and Artificial Intelligence Corridor (SITAC), which will serve as a flagship platform connecting government agencies, businesses, startups, and academic institutions from both nations.

“India and Sweden are not merely partners in artificial intelligence; rather, we are co-architects of a value-based, sustainable, and trusted AI future. Our collaboration reflects complementary strengths and shared democratic values, positioning both nations to shape the next phase of global technological transformation,” said Kavita Bhatia, Chief Operating Officer of IndiaAI Mission.

Sofia Högman, Sweden’s Trade & Invest Commissioner to India, said the agreement translates strategic intent into practical cooperation. “Through SITAC, we are looking to connect our ecosystems and bring together the best AI and digitech innovations from both countries to create new business opportunities.”

Under the SITAC framework, the two sides plan to organize conferences and workshops, promote exchanges between AI ecosystems, facilitate field visits to innovation hubs, and encourage collaboration among companies, investors, and researchers. The initiative will also explore joint innovation platforms and promote cross-border deployment of AI solutions in priority sectors.