Bhopal, Feb. 24 -- European Free Trade Association (EFTA) nations, including Switzerland, Iceland, Liechtenstein, and Norway, have committed to invest USD 100 billion in India over a 15-year period, Swiss Consul General in Mumbai Martin U Maier announced at the Global Investors Summit in Bhopal.

The investment pledge is a key component of the recently signed Trade and Economic Partnership Agreement (TEPA) between India and EFTA nations, marking a significant expansion of economic cooperation between the regions.

The agreement aims to strengthen bilateral trade relations and enhance investment opportunities for businesses on both sides.

Speaking exclusively to ANI, Maier emphasised the importance of encouraging Swiss companies to establ...