"I believe that the most important topic in our talks today was how Sweden can have a win-win partnership with India on the opportunities arising out of India's development".
He also met Erna Solberg, the Prime Minister of Norway, and discussed the areas of cooperation in trade and investment, shipping and port-development, blue economy, renewable energy, health, IT and green transport solutions.
Sweden has a long history of investments in India.
Speaking in Hindi, Prime Minister Modi said that in 2016, Sweden Prime Minister Stefan Lofven had visited India with a huge business delegation and India's biggest Make in India event outside the country was also organised in Sweden past year.
During the visit, India and Sweden also hosted an India-Nordic Summit, entitled "India-Nordic Summit: Shared Values, Mutual Prosperity". The two leaders had a productive exchange of views on bilateral and regional issues, " Ministry of External Affairs official spokesperson Raveesh Kumar said in a series of tweets. They will also "proceed with India-Sweden defence seminars in India and Sweden in 2018-19 and explore, together with the ISBLRT, opportunities for investment in Defence Production Corridors in India", "encourage industry partners to develop supply chains for small and medium sized enterprises with major Defence & Aerospace Original Equipment Manufacturers".
He added that another key pillar of bilateral relations is cooperation in defense and security.More news: Shohei Ohtani leaves start early due to blister on pitching hand
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India and Sweden on Tuesday announced the adoption of the Joint Action Plan aimed at implementing the joint innovation partnership between them. "We have been closely cooperating on the global platform and this will continue".
The Joint Action plan is aimed at enhancing bilateral cooperation in various fields including energy, clean technology and Trade.
After concluding his Sweden visit, Prime Minister will travel to the United Kingdom tomorrow.
Modi arrived here in the capital of Sweden yesterday, the first bilateral visit by an Indian premier to the Nordic nation in 30 years.
On his part, Lofven said that he believed that Sweden and India make a ideal match.
Ahead of the Summit, Modi held separate bilateral meetings with his counterparts from Denmark, Iceland, Norway and Finland.
Swedish business leaders also held a meeting with Modi in Stockholm on Tuesday, including representatives of Saab who are competing for a fighter jet contract from India worth an estimated 100 billion kronor.