"Businesses See India As Serious Long-Term Partner": Swiss President To NDTV

Swiss businesses see India as a "serious long-term partner", Switzerland President Guy Parmelin said, adding that he expects the India-European Free Trade Association (EFTA) trade pact to give bilateral trade a "significant boost" in the years ahead.Parmelin spoke to NDTV as he began a three-day state visit. He landed in New Delhi on Monday, received a ceremonial welcome at Rashtrapati Bhavan and sat down for talks with Prime Minister Narendra Modi. Trade, investment, technology, innovation and mobility topped the agenda. He said the ties are "going from strength to strength".India and the EFTA, which includes Switzerland, are marking one year of the Trade and Economic Partnership Agreement (TEPA), which came into force in October 2025.Serious Long-Term PartnerSwiss companies have already invested, or plan to, across transport and logistics, financial services, manufacturing, pharmaceuticals and biotechnology, and technology and electronics."What I find encouraging is how broad that list is.