Goyal Begins Visit to Boost India-Europe Trade Ties
10 Jun 2025 CW Team
Union Minister of Commerce and Industry Shri Piyush Goyal began his official visit to Switzerland on 9 June 2025, marking the start of a five-day mission to strengthen India’s strategic and economic ties with Switzerland and Sweden. The visit, which runs through 13 June, highlights India’s focus on fostering resilient global growth and enhancing partnerships with key European economies.
In Switzerland, Minister Goyal is holding high-level meetings with global CEOs and senior leaders from sectors such as pharmaceuticals, life sciences, precision engineering, and high-tech manufacturing. A key engagement will be his meeting with Federal Councillor Guy Parmelin, aimed at reinforcing diplomatic and trade ties.
The minister will also meet members of the ICAI Zurich Chapter and interact with Indian media. A major component of the visit includes one-on-one sessions with top Swiss companies, encouraging direct collaboration and bilateral investment. Goyal will participate in Swissmem Industry Day and a round table with the Swiss Mechanical and Electrical (MEM) Industry. Discussions will centre on opportunities stemming from the India-EFTA Trade and Economic Partnership Agreement (TEPA).
Following the Swiss leg, Goyal will travel to Sweden where he will co-chair the 21st Session of the Indo-Swedish Joint Commission for Economic, Industrial and Scientific Cooperation (JCEISC) with Minister Benjamin Dousa. He will also meet State Secretary Håkan Jevrell for further bilateral discussions.
Engagements in Sweden include an India–Sweden Business Leaders' Round Table and direct meetings with Swedish firms such as Ericsson, Volvo Group, IKEA, Sandvik, Alfa Laval, and SAAB. Talks will span advanced manufacturing, innovation, green technologies, and sustainable development.
The Minister will also connect with the Indian diaspora and media, reinforcing cultural links and promoting India’s global economic agenda.
This visit aims to convert strategic intent into actionable, long-term partnerships in innovation, sustainability, and industry between India and its European partners.