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Second India-EFTA Prosperity Summit in New Delhi today

The second India-EFTA Prosperity Summit is being held in New Delhi today. The venue is Bharat Mandapam.

The summit marks one year of the India-EFTA trade pact. The agreement promises $100 billion in investment over 15 years.

Union Ministers and EFTA business leaders are attending. The focus is on turning pact terms into real deals.

Sectors on the agenda include advanced manufacturing, green energy and healthcare. Business roundtables will push commercial tie-ups.

The pact also targets one million direct jobs in India. Both sides will review first-year trade numbers.

EFTA has four members: Switzerland, Norway, Iceland and Liechtenstein. The first summit was held last year. Industry bodies FICCI, CII and ASSOCHAM are leading the business delegation. The focus is on advanced manufacturing and clean energy. Officials will review the pact’s first year. New investment announcements are expected. The summit is hosted at Bharat Mandapam. Trade ministers from all four EFTA nations are attending. A joint statement is expected.

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