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
Real Estate

Sundaram Home Finance Reports FY26 Growth

Sundaram Home Finance reported a 15 per cent increase in net profit for FY26 to Rs 2.82 billion, compared to Rs 2.45 billion in the previous year, supported by steady growth in disbursements and expansion of its emerging business segment.Disbursements rose 5 per cent year-on-year to Rs 68.42 billion, while assets under management (AUM) grew 14 per cent to Rs 199.09 billion as of March 31, 2026.The company’s emerging business segment—comprising affordable housing finance and small-ticket loans—crossed the Rs 5.0 billion disbursement milestone, reaching Rs 5.9 billion in FY26, up from Rs 2..

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement