Prime Minister Narendra Modi announced new steps to boost trade and investment between India and Switzerland. He said these moves would "boost Indian exports of agriculture, pharma, textile and engineering goods." The plan aims to attract fresh Swiss investment in sectors like biotech and banking, strengthening ties between both nations.
Prime Minister Narendra Modi, in a joint statement with President of the Swiss Confederation Guy Parmelin, announced several important decisions to expand market access for India's exports to Switzerland and further simplify investment between the two countries. Modi said the moves would boost Indian exports of agriculture, pharma, textile and engineering goods to Switzerland, while attracting fresh Swiss investment in biotech, life sciences, banking, insurance, food processing and sustainability.