October 28, 2024 11:59 AM

Swiss companies set sights on India as $100 bln trade pact promises more opportunities

Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China. India's appeal has already reflected a broader shift among businesses in Europe eager to balance the costs of a U.S.-China trade spat and recognition that the Chinese economy is, by comparison to India, losing steam. But the trade and economic partnership (TEPA) sign...