AMN
– India’s Commerce and Industry Minister Piyush Goyal yesterday held significant discussions with Swiss industry leaders in Bern, advocating for deeper economic collaboration within the framework of the new Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA).
Goyal presented India as a prime location for business, emphasizing its commitment to transparent regulatory processes, a strong intellectual property rights regime, and pro-investment policies. He urged Swiss companies to consider India a strategic base for manufacturing, talent development, and innovation.
During these extensive engagements, Minister Goyal meticulously articulated India’s unwavering commitment to fostering a highly conducive business environment. He highlighted key enablers such as transparent regulatory processes, a robust intellectual property rights regime, and pro-investment policy frameworks that collectively contribute to ease of doing business. He emphatically encouraged Swiss businesses to transcend the traditional view of India solely as a market, urging them instead to envision it as a strategic nexus for manufacturing, talent development, and cutting-edge innovation within their global value chains
Talking to the media, the Minister said that today the world recognises India as not only the fastest-growing large economy in the world but also the best place to do business. He said that India is now the most preferred investment destination. Mr. Goyal further asserted that in the last 11 years, Prime Minister Narendra Modi has taken the country from the fragile five economies to the top five countries.
Speaking to the media, Minister Goyal reiterated India’s strong global standing, stating that the world today not only recognizes India as the fastest-growing large economy but also as the most preferred investment destination. He underscored the transformative economic journey India has undertaken in the last 11 years under Prime Minister Narendra Modi’s leadership, which has propelled the country from the “fragile five” economies to its current position among the top five global economies.
This visit to Switzerland, part of a broader tour including Sweden, underscores India’s steadfast commitment to deepening strategic and economic partnerships with key European nations, advancing robust trade and investment ties, and supporting a shared vision for resilient global growth and innovation.
