Union Minister of Commerce and Industry, Piyush Goyal, commenced his official visit to Switzerland today as part of a five-day tour of Switzerland and Sweden from June 9 to 13. The visit aims to deepen India’s strategic and economic engagements with key European partners, with a focus on promoting trade, investment, and sustainable growth.
The Minister’s visit to Switzerland includes high-level meetings with global CEOs, senior government officials, and prominent Swiss industry leaders. Sector-specific engagements are scheduled in key areas such as pharmaceuticals, life sciences, precision engineering, machine tools, and high-tech manufacturing. Goyal is also set to meet Federal Councillor Guy Parmelin to further bolster bilateral trade and diplomatic ties.
During his stay in Switzerland, Goyal will hold one-on-one discussions with representatives of major Swiss companies. Indian industry leaders will also be part of these meetings, facilitating direct interaction and exploring collaboration opportunities. The Minister will participate in the Swissmem Industry Day and a Business Round Table with the Swiss Mechanical and Electrical (MEM) Industry, where deliberations will focus on the potential of the India-EFTA Trade and Economic Partnership Agreement (TEPA). In addition, he will interact with the ICAI Zurich Chapter and engage with members of the Indian media.
Following his engagements in Switzerland, Shri Goyal will travel to Sweden to co-chair the 21st session of the Indo-Swedish Joint Commission for Economic, Industrial and Scientific Cooperation (JCEISC) alongside Sweden’s Minister for International Development Cooperation and Foreign Trade, Benjamin Dousa.
The visit to Sweden includes bilateral meetings with Dousa and Håkan Jevrell, State Secretary to the Minister of Development Cooperation and Foreign Trade.
In Sweden, Goyal will also participate in the India-Sweden Business Leaders’ Round Table and engage in one-on-one meetings with top Swedish companies across sectors such as innovation, green technologies, sustainable solutions, and advanced manufacturing. Companies with a strong presence in India or ongoing interest, including Ericsson, Volvo Group, IKEA, Sandvik, Alfa Laval, and SAAB, are expected to take part in these interactions.