In 2018, India and Switzerland celebrated the 70th anniversary of the signing of the Treaty of Friendship.
Switzerland was India's 7th largest trading partner in 2021-22
Switzerland is India's 12th biggest source of foreign investment.
For Indian firms, Switzerland serves as the gateway to Europe.
India's Swiss Embassy also serves The Holy See & Liechtenstein.
US$ 5,038mn
FDI inflow over April 2000 - March 2021
US$ 24.7bn
Bilateral trade during FY2021-22
24,800
PIOs/NRIs currently live in Switzerland
Concurrent Accreditation The Mission in Switzerland also handles India's bilateral relations with The Holy See and Liechtenstein
FDI
As a large part of FDI in India is routed through third nations, real Swiss FDI in India for 2005-16 was pegged at US$7.7 billion.
ODI
Overseas Direct Investment from India to Switzerland was US$932 million (3.3% of total ODI) during April 2017-May 2019.
Literacy
6th most literate nation in the world, Switzerland has emerged as a leading destination for high-end scientific R&D.
36
Rank in the World Bank's Ease of Doing Business 2020 index has been achieved through focus in tech-driven growth.
Leading brands
More than 30 per cent of the world’s biggest brands have offices in this country, including 15 Fortune 500 Companies.
Strengths
Swiss excellence lies in engineering/industrial equipment, services, precision instruments, chemicals, and pharmaceuticals.
India's Exports and Imports to Switzerland
Source: Department of Commerce
Dated: 22/02/2023
Values in US $ Millions
Country / Region: SWITZERLAND
S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
---|---|---|---|---|---|---|
1. | EXPORT | 1,083.84 | 1,186.69 | 1,200.08 | 1,261.52 | 1,348.57 |
2. | %Growth | 9.49 | 1.13 | 5.12 | 6.90 | |
3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
5. | %Share | 0.36 | 0.36 | 0.38 | 0.43 | 0.32 |
6. | IMPORT | 18,923.05 | 18,087.58 | 16,899.89 | 18,230.95 | 23,392.32 |
7. | %Growth | -4.42 | -6.57 | 7.88 | 28.31 | |
8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
10. | %Share | 4.06 | 3.52 | 3.56 | 4.62 | 3.82 |
11. | TOTAL TRADE | 20,006.89 | 19,274.27 | 18,099.96 | 19,492.48 | 24,740.89 |
12. | %Growth | -3.66 | -6.09 | 7.69 | 26.93 | |
13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
15. | %Share | 2.60 | 2.28 | 2.30 | 2.84 | 2.39 |
16. | TRADE BALANCE | -17,839.21 | -16,900.90 | -15,699.81 | -16,969.43 | -22,043.76 |
17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
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Kirchenfeldstrasse 28, CH-3005 Berne, Switzerland
Beer made from malt (220300)
Mineral waters (nat./art.) & aerated waters, not cont. added sugar/oth. swe … (220110)
Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
Sparkling wine of fresh grapes (220410)
Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
Whiskies (220830)
Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of >10 l (220429)
Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)
Carcasses/half-carcasses of bovine animals, fresh/chilled (020110)
Cuts & edible offal of species Gallus domesticus, fresh/chilled (020713)
Cuts & edible offal of species Gallus domesticus, frozen (020714)
Meat of bovine animals, fresh/chilled, boneless (020130)
Meat of sheep (excl. lamb), fresh/chilled, boneless (020423)
OTHER MEAT/EDABLE OFFAL FRESH CHILLED/FRZN (020890)
Sausages & sim. prods., of meat/meat offal/blood; food preps. based on thes … (160100)
Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in Ch.19, whethe … (190590)
Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)
Sweet biscuits (190531)
Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)
agriexchange.apeda.gov.inChocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
Cocoa beans, whole/broken, raw/roasted (180100)
Cocoa butter, fat & oil (180400)
Cheese (excl. of 0406.10-0406.40) (040690)
Fresh (unripened/uncured) cheese, incl. whey cheese, & curd (040610)
Ice cream & oth. edible ice, whether or not cont. cocoa (210500)
CARNATIONS (060312)
CHRYSANTHEMUMS (060314)
ORCHIDS (060313)
Roses (060311)
agriexchange.apeda.gov.inAsparagus, fresh/chilled (070920)
Avocados, fresh/dried (080440)
Bananas frsh or dried (080390)
Bulbs, tubers, tuberous roots, corms, crowns & rhizomes, in growth/in flowe … (060120)
Fruits of the genera Capsicum/Pimenta, fresh/chilled (070960)
Grapes, fresh (080610)
Live plants, n.e.s., incl. their roots; mushroom spawn (060290)
Mandarins, incl. tangerines & satsumas; clementines, wilkings & sim. citrus … (080520)
Oranges, fresh/dried (080510)
Peaches, incl. nectarines, fresh (080930)
Strawberries, fresh (081010)
Tomatoes, fresh/chilled (070200)
Other leguminous vegetables, shelled or unshelled, fresh or chilled (070999)
agriexchange.apeda.gov.inHazelnuts/filberts (Corylus spp.), shelled (080222)
Nuts (excl. ground-nuts), incl. mixts., prepd./presvd., whether or not cont … (200819)
Other (060319)
agriexchange.apeda.gov.inProduction: 4,272,316 tonnes (finished and combined in 2017)
Export: Clinkers Cement – 7,173 tonnes (2016), Other Cement – 4,687 tonnes (2016), Portland Cement – 169340 tonnes (2016)
bgs.ac.ukProduction: Gypsum and Plaster – 200,000 tonnes (2017)
Export: Gypsum and Plaster (Calcined) – 1326 tonnes (2016)
Export: Gypsum and Plaster (Crude) – 1223 tonnes (2016)
Here are the leading sectors of opportunities for foreign investors
ABB, a Swiss-Swedish engineering firm, does R&D and manufacturing in India.
Nestle, a food and drink giant, manufactures in India for a vast market.
Novartis, a Swiss drugmaker, manufactures and supplies in India. UBS and Credit Suisse
Credit Suisse, a Swiss investment bank, has a growing operation in India.
UBS Group, a Swiss investment bank, has a growing operations in India.
HCL, an Indian IT major, has operations in Switzerland
Dr. Reddy, an Indian pharma company, runs operations in Switzerland.
Tata Group, an Indian conglomerate has an office in Switzerland.
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