India and Switzerland have significantly expanded their strategic partnership by signing a landmark Migration and Mobility Partnership (MMP) and a series of complementary agreements aimed at boosting workforce mobility, scientific collaboration, innovation, infrastructure development and long-term investment flows.
The centrepiece of the bilateral package is the new Migration and Mobility Partnership, which introduces multiple-entry visas valid for up to five years, renewable one-year student permits, and structured pathways designed to improve employment opportunities, particularly for young people seeking international experience.
Alongside the mobility framework, both countries concluded an Agreement on the Exchange of Young Professionals. The arrangement will initially allow the annual exchange of 300 young professionals from each country, with the possibility of increasing the quota to 500. The agreement also streamlines verification procedures for nationality and residency, reducing processing timelines to between 30 and 90 days.
In a further boost to cooperation, India and Switzerland signed a Memorandum of Understanding focused on transportation technologies, mobility systems and infrastructure. The partnership covers electric vehicles, ropeways, tunnelling and circular-economy initiatives, while encouraging technology transfer, public-private partnerships, academic collaboration and sustainable infrastructure investment.
Scientific and technological cooperation formed another major pillar of the agreements announced during the visit.
A Letter of Intent signed between India's Department of Science and Technology and the Swiss National Science Foundation establishes a framework for long-term joint research projects, exploratory scientific initiatives and institutional cooperation.
An implementation arrangement between the Department of Science and Technology and Zurich University of Applied Sciences will launch an Indo-Swiss Academia-Industry Training program aimed at supporting early-stage Start-Ups through capability development and technology transfer.
The two countries also inaugurated the first Indo-Swiss Research Flagship event, designed to strengthen collaboration between researchers, promote knowledge-sharing, support young scientists and accelerate the transfer of new technologies and methodologies.
The agreements were finalised during delegation-level discussions between Prime Minister Narendra Modi and Swiss President Guy Parmelin at Hyderabad House in New Delhi, where both leaders also witnessed the exchange of multiple bilateral understandings.
Prime Minister Modi described the India-Switzerland relationship as a centuries-old partnership built on innovation, infrastructure and advanced technology, stating that both nations are now preparing to take cooperation to a higher level.
A major focus of the discussions was the India-European Free Trade Association Trade and Economic Partnership Agreement, which entered into force in October 2025. The agreement represents India's first free trade agreement with a European economic bloc and is regarded as one of the most ambitious economic partnerships undertaken by New Delhi.
Under the framework, EFTA members comprising Switzerland, Norway, Iceland and Liechtenstein have committed to facilitating investments worth approximately ₹8.4 lakh crore over the next 15 years while supporting the creation of one million direct jobs in India.
Prime Minister Modi said the agreement provides an ambitious blueprint centred on investment, innovation, employment and shared prosperity. He noted that both countries have taken measures to improve market access for Indian exports while facilitating greater bilateral investment.
The Prime Minister highlighted opportunities for increased Indian exports in agriculture, pharmaceuticals, textiles and engineering products. At the same time, India aims to attract additional Swiss investment in biotechnology, life sciences, banking, insurance, food processing and sustainability-focused industries.
Beyond economic ties, Modi stressed that India and Switzerland remain committed to democratic values, the rule of law, diplomacy and dialogue. He said both countries would continue working together in support of global peace and stability.
Referring to ongoing conflicts in Ukraine and West Asia, the Prime Minister reiterated India's support for meaningful peace initiatives and underscored the need for reforms in international institutions to address emerging global challenges more effectively.
The discussions also identified new avenues for military exchanges, defence manufacturing cooperation and expanded collaboration in the civilian nuclear energy sector.
President Parmelin, who is on a three-day State visit to India, characterised the implementation of the India-EFTA trade agreement as highly encouraging. He said interest among Swiss companies has been exceptionally strong since the pact entered into force and expressed confidence that it would substantially increase bilateral trade in the coming years.
The Swiss leader described the arrangement as a mutually beneficial partnership that combines Swiss technological expertise, innovation and long-term capital with India's scale, skilled workforce and growing importance in global value chains.
Swiss companies have already shown increasing interest across sectors including transportation, logistics, manufacturing, financial services, pharmaceuticals, biotechnology, electronics and technology, reflecting growing momentum behind the investment commitments.
President Parmelin also praised India's role in global technology governance and its advocacy for developing nations. He commended New Delhi's efforts to amplify Global South perspectives in international technology discussions.
Looking ahead, Switzerland is preparing to host the next global AI summit in Geneva in 2027 and has invited India to play an active role in shaping future discussions on responsible and equitable artificial intelligence.
The Swiss President highlighted Switzerland's International Computation and AI Network initiative, which seeks to encourage wider access to advanced technologies, promote collaborative research and support the equitable distribution of AI-driven benefits across regions.
The visit marks President Parmelin's first State visit to India and his second trip to the country in 2026 following his participation in the AI Impact Summit in New Delhi earlier this year.
He is accompanied by a high-level delegation of senior officials and business leaders, reflecting the growing importance both countries attach to strengthening cooperation in trade, investment, science, technology, innovation and workforce mobility.
The flurry of agreements announced in New Delhi signals a broadening India-Switzerland partnership that now extends well beyond traditional trade ties into talent mobility, research collaboration, advanced manufacturing, infrastructure development, artificial intelligence and long-term strategic investment.
ANI
