Industry & Economy
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Foreign Trade
Swiss delegation woos Indian investors
Our Bureau
New Delhi
,
Nov. 29
A SWISS delegation has arrived to seek investments from Indian companies.
The delegation comprises the State Secretary for Economic Affairs in the Swiss Government, Mr Jean-Daniel Gerber, and the CEO of the Development Economic Western Switzerland, Mr Francis Sermet, and several others. Mr Gerber said that he seeks to further strengthen bilateral economic relations by meeting with senior Indian dignitaries and promote his country as "a perfect location for Indian investments."
Highlighting the tax and political benefits, Mr Gerber said that Switzerland is increasingly attracting more and more foreign investors. "India and Switzerland have always had good political relations and keeping this as the base, we should encourage Indian firms to think about setting up their operations in Switzerland to avail of the numerous benefits that it presents," he added.
The delegation stressed on the opportunity that Switzerland as a federal nation presents, as well as alliances with pharmaceutical, biotechnology and nano-technology companies.
With the growing attention attached to "branded" products, Mr Sermet said, that the "Swiss made" tag could prove to be helpful in marketing strategies that many companies may want to adopt to sell elsewhere.
Switzerland, being a politically stable and export-oriented economy, is one of the promising and safe places to invest in, the delegates added.
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