Prime Minister Narendra Modi and his Danish counterpart Mette Frederiksen will hold a Virtual Bilateral Summit today.
An MoU in the field of intellectual property cooperation between the two countries will be signed on the occasion.
AIR Correspondent reports that during the summit, another major outcome will be the joining of International Solar Alliance, ISA by Denmark.
The Bilateral Summit will give an opportunity to the two leaders to comprehensively review the broad framework of the bilateral relationship in the context of the time-tested friendly ties between the two countries.
It will also give broad political direction for a strengthened and deepened collaborative partnership on key issues of mutual interest.
Bilateral trade in goods and services between India and Denmark has grown by over 30 per cent from 2.82 billion dollars in 2016 to 3.68 billion dollars in 2019.
Around 200 Danish companies have invested in India in different sectors including shipping, renewable energy, environment, agriculture, food processing and smart urban development.
Several major Danish companies have built new manufacturing factories under the Make in India scheme.
Around 25 Indian companies are also present in Denmark in IT, renewable energy and engineering.