India and Switzerland Sign Six Agreements During Swiss President Guy Parmelin's State Visit

5 October 2026National

Swiss President Guy Parmelin held bilateral talks with Prime Minister Narendra Modi in New Delhi on 5 October 2026, after which the two sides signed six agreements: a Migration and Mobility Partnership offering five-year multiple-entry visas and renewable student permits; a Young Professionals Agreement for 300 professionals a year each way, expandable to 500; a transport and infrastructure MoU covering electric vehicles, ropeways and tunnelling; a letter of intent between the DST and the Swiss National Science Foundation; an Indo-Swiss startup training programme with Zurich University of Applied Sciences; and an Indo-Swiss Research Flagship. Bilateral trade exceeds USD 25 billion.

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Switzerland's capital is Bern and its currency the Swiss Franc; it is not a member of the European Union | The India-EFTA Trade and Economic Partnership Agreement (TEPA) entered into force in October 2025 and covers Iceland, Liechtenstein, Norway and Switzerland, with a USD 100 billion investment commitment over 15 years | Geneva hosts the WTO, WHO, ILO and the International Committee of the Red Cross

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