India and Switzerland have identified new opportunities for cooperation in areas of defence and nuclear cooperation in nuclear energy, Prime Minister Narendra Modi said following a bilateral meeting with Swiss President Guy Parmelin in New Delhi on Monday (October 5, 2026).
The Swiss Federal Department of Economic Affairs, Education and Research (EAER) and India’s Ministry of Road Transport & Highways signed an MoU on the Promotion and Collaboration on Transportation Technologies, Mobility Systems and Infrastructure in Identified Areas. “We also agreed to further deepen cooperation in nuclear energy. During his address, Mr. “In this context, it is equally important to achieve results in the discussions on intellectual property protection.
The two sides on Monday (October 5) cumulatively signed five agreements, Memorandums of Understanding (MoU), and Letters of Intent (LoI) across a wide variety of sectors, according to the Ministry of External Affairs (MEA).
“Today, we identified new opportunities for cooperation in military exchanges and defence production,” Mr. Modi said in a statement following the meeting. “We invite Swiss infrastructure companies to invest in India at a large scale and participate in capacity building, design, and manufacturing,” Mr. Modi said. Paremelin said that he has been accompanied by a large delegation of business figures from Switzerland, which underscores their desire to make the most of the TEPA. “To continue stimulating investment, Switzerland hopes to conclude an investment protection agreement quickly,” Mr. Paremelin said. The MoU on Migration and Mobility Partnership “aims to develop migration and mobility cooperation under equal treatment principles, and to prevent and combat irregular migration/human exploitation/trafficking in accordance with national laws”, the MEA said.
