Minister of State for Commerce and Industry, Jitin Prasada, met with Deputy Prime Minister Sabine Monauni to discuss economic relations and explore new avenues for trade and investment cooperation. The meeting took place during Hereditary Prince Alois' visit from October 25 to 28, 2026.
On October 27, 2026, Minister of State for Commerce and Industry, Shri Jitin Prasada, called on the Deputy Prime Minister and Minister of Foreign Affairs, Environment and Culture of the Principality of Liechtenstein, H.E. Ms. Sabine Monauni, in New Delhi. The meeting focused on strengthening bilateral economic relations and exploring new avenues for trade and investment cooperation between India and Liechtenstein.
The discussion took place during the visit of the Head of State of the Principality of Liechtenstein, H.S.H. Hereditary Prince Alois, to India from October 25 to 28, 2026. This marks his second visit to India in 2026, following his visit to New Delhi in February to participate in the AI Impact Summit.
During the meeting, Shri Prasada highlighted India’s strong economic growth, expanding market opportunities, and ongoing reforms, emphasizing the country’s potential for expanded bilateral trade, investment, and business linkages. He also underlined that despite geopolitical tensions and uncertainty in global trade, India’s real GDP grew by 7.8 per cent in the first quarter of 2026–27, supported by robust domestic demand and gains in manufacturing and services.
A high-level business delegation from Liechtenstein also participated in the meeting. Shri Prasada discussed opportunities for Liechtenstein-based companies to expand their presence and investments in India. He encouraged the Liechtenstein business community to leverage India’s expanding market, skilled workforce, robust infrastructure, and supportive policy environment, inviting greater investments and partnerships with Indian businesses.
The two sides explored avenues for collaboration in areas including technology, innovation, financial services, and manufacturing. The delegation included representatives from the Liechtenstein Chamber of Industry and Commerce (LCCI), LGT India, Hilti, Savannah Seeds, Liechtenstein Languages, Open Cosmos Ltd., and Lightrock.
Source:
Press Information Bureau
