Indo-swiss

Sika sees major growth opportunity in India amid infra, tax reforms

About 3 per cent to 4 per cent of Sika's revenue comes from India and that could grow to double digits over the next 10 years

India signs trade deal with 4 Euro nations: Swiss chocolates, watches to get cheaper

After more than 20 rounds of talks held over 16 years, India and members of the European Free Trade Association, finally sealed a trade deal on March 10, 2024.

SC tells Spicejet to pay Credit Suisse $1 mn per month for six months

SpiceJet said that the apex court can send the airline's chairman and managing director, Ajay Singh, to exile if the undertaking is not honoured

Swiss packaging solutions provider SIG to invest 60 mn for Ahmedabad plant

Switzerland-based leading packaging solutions provider SIG on Tuesday said it would invest 60 million Euro (approx Rs 525.98 crore) in the next two years to set up its first aseptic carton plant at Ahmedabad, in Gujarat. "SIG will construct its first aseptic carton plant in India, the world's largest milk market, and one of the largest juices-producing countries globally," the company said in a statement. An aseptic carton is a multilayered packaging solution made after combining layers of paperboard, plastic and aluminium and is used for the packing of liquid foods and drinks. Companies such as Tetra and UFlex also operate in the space. Construction of the plant, which will serve leading dairy and non-carbonated soft drink players, will commence in the first quarter of 2023, and the start of commercial production is expected towards the end of 2024. Phase one of construction is expected to create around 300 jobs, it added. "SIG will invest approximately 60 million over the perio

Indo-Swiss agreements on visa, immigration signed

The agreements involve mutual visa exemption for holders of diplomatic passports, identification