Prime Minister Narendra Modi’s visit to Norway on May 18–19, 2026 — the first by an Indian Prime Minister in over four decades — marks a significant turning point in bilateral ties. The visit elevated relations into a Green Strategic Partnership, signalling a convergence between India’s scale, talent, and expanding market and Norway’s world-class capabilities in high-tech areas.
Norway’s transformation has been driven by the prudent use of oil and gas revenues through its Government Pension Fund Global, the world’s largest sovereign wealth fund, valued at over $2 trillion. Oil wealth enabled Norway to build advanced capabilities in offshore drilling, tunnelling, shipping, fisheries, offshore wind, hydrogen, carbon capture, energy efficiency, and Arctic research. Of late, Norway has also emerged as a notable player in advanced missile and drone technologies, led by companies such as Kongsberg.
