Blitz Bureau
NEW DELHI: Commerce and Industry Minister Piyush Goyal has invited Swiss companies to expand their footprint in India and take advantage of the country’s dynamic and rapidly growing market, reported IANS.
The minister held a meeting in Bern with the leadership from several premier Swiss companies across diverse sectors and urged them to see India as a strategic hub for manufacturing, talent, and innovation.
The discussions focussed on enhancing synergies between Indian and Swiss enterprises, with a special emphasis on innovation, technology transfer, and sustainable manufacturing, according to an official statement issued on Tuesday. Goyal assured the business leaders of India’s unwavering commitment to fostering a conducive business environment through transparent regulatory processes, a robust Intellectual Property regime, and pro-investment policy frameworks.
Following these strategic discussions, the minister chaired two roundtables with sectoral leaders from the Swiss industry – covering biotech and pharma, healthcare, and precision engineering, defence, and emerging technologies.
These sessions, hosted with the support of the Indian Embassy in Switzerland, highlighted India’s scale, affordability, and rising innovation ecosystem. The minister called on Swiss businesses to leverage the dedicated EFTA Desk at Invest India for handholding and facilitation support.
He reiterated India’s willingness to work towards regulatory harmonisation and mutual recognition agreements, highlighting India’s proactive stance on building reciprocal bridges to encourage Swiss and Indian investments. In addition to industry interactions, the minister also met with members of the Switzerland Chapter of the Institute of Chartered Accountants of India (ICAI).
He lauded the chapter for its contributions and for upholding the high standards and global reputation of the ICAI.
