Elvaco accepted to ISIA via Business Sweden
ISIA (India Sweden Innovations' Accelerator) is a cooperation between India and Sweden in the field of energy efficiency and renewable energy.
The objective is to build much needed bridges towards joint innovation, research, development, and deployment, which answer to shared needs and are of mutual benefit. The program is organized by Business Sweden and the Swedish Energy Agency in cooperation with the Confederation of Indian Industries (CII) and lasts for about 1.5 years. Elvaco has applied for the program and is one of the few selected companies that have been accepted. India faces a major development and is expected to have an urbanization of about 23% between 2014 and 2020, which corresponds to approximately 88 million people. With this, the country has a great need to develop its infrastructure and invest in "Smart Cities".