India is actively pursuing enhanced trade relations with Norway and Austria. During the third session of the India-Norway Dialogue on Trade and Investment held on April 16, discussions centered on sectoral cooperation in energy, pharmaceuticals, and sustainable shipping practices. Norway's interest in investing in India through its Government Pension Fund Global and Norfund was highlighted, alongside the need to address trade barriers to maximize benefits from the Trade and Economic Partnership Agreement (TEPA) implemented in October 2022. Meanwhile, India and Austria launched a Fast-Track Mechanism aimed at facilitating investments and resolving issues efficiently. This initiative was part of the India–Austria Business Forum, coinciding with the visit of Austrian Chancellor Christian Stocker, marking the first official visit by an Austrian Chancellor to India in over 40 years. The forum revealed that bilateral trade has reached approximately €3 billion, with around 160 Austrian firms operating in India. Future cooperation will emphasize sustainable development, advanced manufacturing, and green technologies.