"Prime Minister Lofven had participated in our "Make in India" programme in 2016 along with a big business delegation", Modi said. "The two leaders had a productive exchange of views on bilateral and regional issues", tweeted MEA spokesperson Raveesh Kumar.
The article also mentioned the increasing bilateral trade between the two countries, adding that it paved the path for increased growth.
"Sweden has been partner of India in the defence sector for a long time".
India and Sweden on Tuesday announced the adoption of the Joint Action Plan aimed at implementing the joint innovation partnership between them. "Presently, there is a government in India which for the country's prestige, self respect and taking it to new heights in the 21st century, is working day and night", Modi said amidst loud cheers from the audience.
Modi also said India and Sweden will continue their close cooperation on the global stage.
They said, these opportunities have enormous potential to create employment and sustainable development for people in India.
The companies from Sweden have already invested Dollars 1.5 billion in India over the last three years, Gronblad said. There will be new opportunities in the defence sector. "We have now mutually chose to increase our cooperation this sector, particularly in the field of cyber security", the prime minister added.
In his address, he also said that the Jan Dhan Yojna, Aadhaar and mobile technology had merged to create direct benefit transfer facility.More news: 5 questions I still have for Sean Hannity about Michael Cohen
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The Indian prime minister is unlikely to meet there with Pakistani Prime Minister Shahid Khaqan Abbasi due to the generally hostile relations between Pakistan and India.
Earlier, Prime Minister Modi called on Swedish King Carl XVI Gustaf before heading to talks with Lofven.
In Defence, the action plan aims to "Explore the finalization of a bilateral agreement on exchange and mutual protection of classified information for cooperation in the defence area.Enhance Indo-Swedish dialogue on defence cooperation". He also undertook a short walk with his Swedish counterpart from Sogerska to Rosenbad.
Prime Minister Modi will leave Sweden for Britain where he is slated to hold a bilateral summit with British Prime Minister Theresa May on April 18.
As Mr. Modi remained quiet as public outrage built up for weeks, state lawmakers from his party, which is part of a coalition that governs Jammu and Kashmir, attended a rally in support of a man who had been arrested for the crime and joined in demands by locals that the investigation be taken away from state officials, some of whom are Muslim, and be turned over to federal authorities.
On Monday, PM Modi arrived in Sweden on a historic visit, in what was the first visit by an Indian Prime Minister after 30 years.
A petition calling on the British government to ban a rally being organised by Lord Nazir Ahmed, a member of the House of Lords, on "Indian atrocities and human rights issues in Kashmir", has received over 600 signatories, accusing him of pursuing a "Pakistani agenda" and being "hell bent upon escalating tensions in the United Kingdom". Prime Minister Modi was accorded a ceremonial reception and met with the Indian community in the city.