ENA Economy 2025-06-11 18:05:15 <p><span style="font-size:14px"><strong>New Delhi, Jun 11 (KNN)</strong> At the recent Swissmem Industry Day in Bern on June 10, 2025, Indias Commerce and Industry Minister, Piyush Goyal, unveiled an innovative proposal to establish a Swiss enclave in India, aimed at attracting Swiss manufacturers and deepening economic ties. </span></p> <p><span style="font-size:14px">The enclave would feature a host of amenities&mdash;restaurants, hotels, schools, and colleges&mdash;designed to cater specifically to Swiss professionals relocating for work, offering a familiar environment within Indias industrial parks.</span></p> <p><span style="font-size:14px">Goyal highlighted the Indian government's proactive approach to facilitating business entry, citing an example where land acquisition issues for a Swiss company in Maharashtra were resolved within hours . </span></p> <p><span style="font-size:14px">This reflects a broader strategy, in which India plans to funnel Rs 28,000 crore into 12 industrial nodes and build 100 industrial parks along propose industrial corridors .</span></p> <p><span style="font-size:14px">The minister emphasised India's growth from a $270 billion economy in 1995 to a $4 trillion economy today, with ambitions to reach $30 35 trillion by India's centennial independence in 2047. </span></p> <p><span style="font-size:14px">He extended an invitation to Swiss businesses to invest in this journey, underscoring the country's large, skilled labor force, cost advantages, and increasing production-linked incentives.</span></p> <p><span style="font-size:14px">Additionally, Goyal noted that the Swiss-India Free Trade Agreement (EFTA segment) may be implemented by October 2025, paving the way for Swiss investment across high-precision engineering, pharmaceuticals, food processing, and space technology.</span></p> <p><span style="font-size:14px">This proposed enclave signifies a new chapter in industrial diplomacy&mdash;where creativity meets infrastructure. </span></p> <p><span style="font-size:14px">Moving beyond conventional investment appeals, it proposes a one-stop environment for Swiss firms to operate with minimal cultural and operational friction. </span></p> <p><span style="font-size:14px">Should this enclave become reality, it may serve as a template for other nations seeking deeper integration into India's industrial ecosystem.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau) </strong></em></span></p> 42410 https://knnindia.co.in/news/newsdetails/economy/india-pitches-swiss-enclave-to-entrepreneurs-at-swissmem-industry-day 2025-06-11 18:05:15 knnindia.co.in