TNPSC Thervupettagam

75 Years of India - Switzerland Friendship

October 17 , 2023 395 days 848 0
  • India and Switzerland celebrated 75 years of friendship and collaboration at a quaint Kumaon village in Uttarakhand.
  • The three-day event, 'Swiss Himalayan Bounty', held last week at a homestay in Satoli village at an altitude of 6,000 ft.
  • The roots of the cordial relations between India and Switzerland can be traced back to 1948 when they signed the Treaty of Friendship in New Delhi.
  • Switzerland has emerged as one of India's principal partners in Europe, with significant foreign direct investment (FDI) flowing between the two countries.
  • Switzerland's FDI in India is amounted to $9.8 Bn, among the top 5 countries in Europe.
  • India is home to more than 323 Swiss companies.

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