+
Goyal Begins Visit to Boost India-Europe Trade Ties
ECONOMY & POLICY

Goyal Begins Visit to Boost India-Europe Trade Ties

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.

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.

Next Story
Infrastructure Urban

CIDCO Plans Long-Term Transit Vision for Navi Mumbai

The City and Industrial Development Corporation (CIDCO) has announced plans to prepare a Comprehensive Mobility Plan (CMP) for Navi Mumbai and the surrounding airport influence area known as NAINA (Navi Mumbai Airport Influence Notified Area). The CMP will serve as a strategic transport framework guiding infrastructure development through to 2054 and beyond.The long-term mobility roadmap aims to foster a sustainable, inclusive, and efficient transport system for one of India’s most rapidly developing urban corridors.“With upcoming developments such as the Navi Mumbai International Airport,..

Next Story
Infrastructure Energy

India Auctions 7 Coal Blocks in 12th Commercial Mining Round

The Ministry of Coal has concluded the forward auctions under the 12th round of commercial coal block allocations, held between 28 and 31 July 2025. Seven blocks were successfully auctioned, comprising three fully explored and four partially explored blocks. The round began on 27 March 2025.The total geological reserves of these blocks are approximately 1.76 billion tonnes, with a combined Peak Rated Capacity (PRC) of 5.25 million tonnes per annum (excluding the partially explored blocks). The auctions drew strong participation, with an average revenue share of 26.7 per cent, reflecting sustai..

Next Story
Real Estate

DPIIT, HDFC Capital Sign MoU To Boost PropTech Innovation

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with HDFC Capital Advisors Limited to promote innovation and support startups in the affordable housing and PropTech sectors. This strategic alliance reinforces DPIIT’s commitment to nurturing an inclusive, innovation-led startup ecosystem in line with the objectives of Atmanirbhar Bharat and Viksit Bharat@2047.A central pillar of the partnership is the H@ART Programme (HDFC Affordable Real Estate and Technology Programme), a dedicated initiat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?