FDI from Switzerland

Abstract:

FDI from Switzerland to India has increased over the years and many Swiss companies have established themselves in the country such as Swiss Airlines, Asea Brown Boveri Ltd., Panalpina World Transport (I) Pvt. Ltd., and Cemex Investment & Services. FDI from Switzerland to India is expected to increase in the near future due to the setting up of the Swiss Business Hub in India which shows that the government of Switzerland recognizes the market of India as an important destination for foreign direct investment.

Indian sectors attracting FDI from Switzerland are:

• Service
• Textile
• Pharmaceutical and drugs
• Chemicals
• Engineering

Various Swiss companies in India are:

• Asea Brown Boveri Ltd
• Cemex Investment & Services Ltd.
• India Nails Manufacturing Pvt. Ltd.
• Kuoni India Pvt. Ltd.
• Nestle India Ltd.
• Endress & Hauser Flowtec (I) Pvt. Ltd.
• Roche Scientific Company (India) Pvt. Ltd.
• Swiss Airlines
• Panalpina World Transport (I) Pvt. Ltd
• Endoxon (India) Pvt. Ltd

Flow of FDI from Switzerland to India:

The total amount of investments that have been approved in India under the route of foreign direct investment for the Swiss companies came to around US$ 870 million from 1990 to 2000. The inflow of FDI from Switzerland to India amounted to around US$ 692.17 million between August, 1991 and March, 2007. Switzerland ranks tenth in the list of foreign investors making investments in India and sixteen in the list of countries for approvals of foreign direct investment in India as in August, 2007.

Step taken to increase foreign direct investment from Switzerland to India:

The step taken to increase FDI from Switzerland to India is the establishment in 2001 of the Swiss Business Hub in India. The Indian sectors that have been identified where foreign direct investment from Switzerland must be made are information technology, biotechnology, environmental technology, power, and manufacturing engineering.

Last Updated on 3/18/2011