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With this in mind, Jena-Daniel Gerber, state secretary for economic affairs in the Swiss government, is undertaking a five-day visit to India during November 25-29.
The objective of the visit is to further strengthen the bilateral economic relations with India as well as to promote Switzerland as a perfect location for Indian investments, a Swiss Embassy release said.
Gerber will also address a session in the India Economic Summit in the capital, organised by industry chamber CII. The secretary is accompanied by senior representatives of the Swiss Government and Cantons (States of Swiss Confederation).
Switzerland is a world-leading financial trade centre. It offers a liberal and competitive economic environment with a minimum bureaucratic hurdles and "red tape".
By European standards, the tax burden is very reasonable. A wide network of international agreements prevent double taxation of foreign residents and businesses.
The increasing buoyancy of cooperation between Swiss and Indian partners are also reflected in trade and investment figures.
During the first three quarters of this year, Swiss exports to India has gone up by 38 per cent, and its import from India has registered a jump of 14 per cent, indeed the highest rise in the last five years.