Modi and Parmelin sign pacts Mobility, trade and gifts

Oct 1, 2025

DD India reports Modi and Guy Parmelin meeting at Hyderabad House on Monday and five instruments covering migration and mobility, young professionals, transport technology, scientific cooperation and innovation. It carries Modi's appeals for Indian export access and Swiss investment and reports discussions of nuclear energy, defence and joint research in health, clean energy and space. Parmelin's ceremonial-welcome remarks mark the India–EFTA trade agreement's first anniversary. The anchor's subsequent account describes Modi's gifts of Gulmarg, Konark and Yeoor cheeses with attributed international awards, a Kashmir walnut wall panel, and a Kutchi shawl in a wooden box for Caroline Parmelin. Future investment and research projects are intentions, without confirmed implementation.

The India–EFTA Trade and Economic Partnership Agreement entered into force on October 1, 2025. In his October 5, 2026 retrospective, Modi credits the Swiss president's support, calls it India's first FTA with a European economic bloc, and describes goals of $100 billion of investment in India and one million direct jobs over fifteen years. These are objectives, not reported delivered investment or employment. DD India's complete visit report quotes Parmelin on the agreement having entered into force one year earlier and on continued implementation. This is compatible retrospective anniversary coverage, not a new 2026 entry into force.