New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday extended a high‑profile invitation to companies from Liechtenstein to ramp up investment in India, underscoring the opportunities unlocked by the India‑European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA).
In a series of engagements with Liechtenstein leadership and business representatives, Goyal pitched India as a strategic growth hub for Liechtenstein firms, highlighting the complementary strengths of the world’s fifth‑largest emerging market and the advanced industrial ecosystem of the Alpine principality.
“India’s scale, talent, and manufacturing depth can complement Liechtenstein’s specialised industrial capabilities and financial expertise,” the commerce ministry said in a statement summarising Goyal’s appeal to foreign investors.
Leveraging EFTA Pact for Investment and Value Chains
The India‑EFTA TEPA, which came into force on October 1, 2025, covers Iceland, Liechtenstein, Norway and Switzerland and commits nearly $100 billion in investment over 15 years under the pact’s market access and trade facilitation framework.
Goyal urged Liechtenstein enterprises to exploit the agreement’s provisions to:
Build manufacturing and innovation partnerships in India
Participate in Indian trade and investment forums; Deepen technology collaborations and integrate into global value chains; Officials said resonant discussions focused on strengthening bilateral economic cooperation and adapting to global market volatility by forging resilient supply chains that combine Indian scale with European technical expertise.
In addition to investment appeals, the minister met Liechtenstein’s senior leadership, including Prime Minister Brigitte Haas and Deputy Prime Minister Sabine Monauni, to expand cooperation on trade, innovation and skill development initiatives.
Goyal also held a courtesy call with H.S.H. Hereditary Prince Alois, where he spotlighted India’s “Make in India” priorities and potential collaboration on sustainable finance and green technologies.”