India Pitches ‘Swiss Enclave’ to Entrepreneurs at Swissmem Industry Day

New Delhi, Jun 11 (KNN) At the recent Swissmem Industry Day in Bern on June 10, 2025, India’s 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. 

The enclave would feature a host of amenities—restaurants, hotels, schools, and colleges—designed to cater specifically to Swiss professionals relocating for work, offering a familiar environment within India’s industrial parks.

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 . 

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 .

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. 

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.

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.

This proposed enclave signifies a new chapter in industrial diplomacy—where creativity meets infrastructure. 

Moving beyond conventional investment appeals, it proposes a “one-stop” environment for Swiss firms to operate with minimal cultural and operational friction. 

Should this enclave become reality, it may serve as a template for other nations seeking deeper integration into India's industrial ecosystem.

(KNN Bureau)