Posted 3/10/2024, 11:02:53 PM
India Pursues Trade Deals, $100B Investment from EFTA Countries to Fuel Growth
- India seen as more open to trade deals now vs 10-15 years ago based on deals with Australia, UAE; reflects confidence in India's growth
- Deal aims for $50B EFTA investment in India in 10 years, additional $50B in next 5 years
- Investments expected across diverse sectors based on private sector decisions
- Swiss companies likely to bring apprenticeship models for staff training in India
- Roadmap needed for mutual recognition agreements (MRAs) to enable deal implementation by reducing non-tariff barriers