Swiss companies such as the engineering group ABB and transport firm Kuehne Nagel are investing more in India. A $100 billion regional trade deal is expected to further open up the nation to businesses long geared towards China, Reuters reported on Monday, October 28. India’s appeal has reflected a broader shift among businesses in Europe...
Tag: TEPA
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Swiss companies set sights on India as $100 billion trade pact promises more opportunities
By John Revill ZURICH (Reuters) – Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China. India’s appeal has already reflected a broader shift among businesses in...
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Parliamentary approval process for TEPA to be initiated immediately: Swiss govt
A mega trade deal between New Delhi and the four-nation European bloc EFTA will not only open up broad market access for Swiss businesses in India but is set to improve the legal framework and predictability for them, the Swiss government said on Sunday. The European Free Trade Association (EFTA) States — Iceland, Liechtenstein, Norway...