Further, the Summit is expected to emphasise on the Indian government's strong commitment to innovation and digital initiatives as key to prosperity and sustainable development, with national flagship programmes such as Make in India, Start-up India, Digital India and Clean India.
Earlier, Modi was received by the Swedish prime minister at the airport in Stockholm.
Modi and Lofven also travelled together in the same vehicle from the airport to the hotel, he said.
Before leaving for Sweden and the UK, Prime Minister Narendra Modi on Sunday said he is hopeful that the visits to the two nation will be useful in enhancing our engagement with these countries.
The two sides have agreed an innovation partnership and a Joint Action Plan, the Prime Minister said. Sweden is the first stop of PM Modi's five-day three-nation tour. After this, they will jointly speak with Mr. Modi and his team at the Nordic-Indian Summit, focusing on issues such as clean technology. The summit will also be attended by the prime ministers of Finland, Norway, Denmark and Iceland. The meetings of the Commonwealth Heads of Government usually take place every two years and serve to shape the organisation's agenda for the next two years.
"The Commonwealth is a unique multilateral grouping that not only provides useful assistance to its developing country members, particularly the small states and small-island developing states, but also has a strong global voice for development issues", Modi had said. The External Affairs Ministry had stated that Modi would also meet German Chancellor Angela Merkel during a brief stopover in Berlin on April 20 after concluding his visits to Sweden and the United Kingdom.