International Business Environment

Introduction
Switzerland at a glance:
Name: Switzerland and Confoederatio Helvetica (therefore the
abbreviation CH)
Location: Central Europe
Size: 41285 km²
Climatic Conditions: July to August 18 to 28 °C
January to February -2 to 7 °C
Spring and Autumn 8 to 15 °C
Capital: Bern City
Contd
Currency: The Swiss franc (CHF) is the only official currency
in Switzerland. The franc is the only currency accepted
everywhere. The Euro is the currency in the neighboring
countries Germany, France, Italy , Austria and in many other
European countries.
Exchange Rate: One Swiss Franc = 70.15 Indian Rupee
Contd.
Currency: Swiss Francs (CHF) - The Euro (EUR) is not an
official currency.
Phone: Since May 1st 2002, the area code must be dialled
even for local calls
Education: From Kindergarten to University
Food: Cheese, chocolate
Swiss National Park: Information about and lots of pictures
of the Swiss National Park (SNP)
Famous products
Switzerland is famous for watches, chocolates.
The term "Swiss Made" isn’t just another commodity label for a place of
origin, but more importantly a seal of approval and a mark of quality
recognized worldwide.
 Today, more than half of the total of all luxury watches are from
Switzerland.
Rolex most-talked watch is from Switzerland.
The most famous, as in well-known internationally, would surely be Lindt
and Toblerone chocolate companies which can be seen all over the world
and can been seen all over Switzerland.
Famous Places
1. Matterhorn, Zermatt: This pyramid shaped giant is the most
photographed mountain in the world and therefore, also
Switzerland’s most famous Alpine peak and a top place to visit in
Switzerland.
2. Height was about 4478 metres.
Lugano
Travelling to Lugano shows Switzerland in a different light.
Lugano is flush with museums and number of heritage sites housed in
neoclassical palazzos (Grand Buildings)
Pleasant climate during summer season
The Rhine Falls
The Rhine Falls, Europe’s largest
waterfall, is a natural wonder of Swiss
tourism and has a height of more
than 150 mtrs.
On Swiss National Day, 1 August,
the Rhinefall flaunts a sensational
firework display that attracts flocks of
tourists.
Geographical Area
•Switzerland has an area of 41,290 sq.km extending 348 km
(216 mi) e–w and 220 km (137 mi) n–s.
•The distance between India and Switzerland is 6902 kms.
•Switzerland time is 3:30 hours behind India.
 COUNTRY PROFILE

Population:
Switzerland's population is approximately 85 lakhs as of 2018.

Languages:
Switzerland has three official languages: German, French, and Italian.

Romansch, based on Latin, is principally spoken by a small portion of

the people in the Graubunden canton.

The Swiss version of German is spoken by about 70% of the

population.
 Contd.
Religions :
Religious denominations stood at about 44% Roman Catholic, 47%
Protestant, 4.5% Muslim, and about 1% Orthodox Christian.
There are about 17,577 members of the Jewish community and
about 11,748 Old Catholics.
About 12% of the population claimed no religious affiliation.
Why Switzerland?
More awareness about its culture, products famous for this
country.

Brief idea on its exports and imports with other countries.

Know about its economic indicators, geographical

conditions And business etiquette of this country.
Switzerland Exports to India
Major exports are:
1. Gold
2. Silver
3. Wrist Watches
4. Medicaments
• Out of the exports Gold has major share which constitutes 83.5% as of
2016.
• Silver, Wrist Watches and Medicaments constitutes 3% and remaining
share from more than 120 products.
Switzerland Imports from India
Major Imports include:
1. Postage Stamps
2. Turbo jets and Propellers
3. Heterocyclic Compounds
4. Organic Compounds
•Major import of Switzerland is Postage Stamps which constitutes 52% of
total imports.
•Turbo jets and Propellers, Heterocyclic Compounds and Organic
Compounds constitutes 10% of total imports.
•India exports more than 130 products to Switzerland.
India-Switzerland Trade Relations
•India and Switzerland have had cordial and friendly relations since India’s
Independence, based on shared values of democracy and rule of law.
•India’s policy of non-alignment and Switzerland’s traditional policy of
neutrality led to a close understanding between the two countries.
•Switzerland established diplomatic relations with India soon after
Independence. A Treaty of Friendship between India and Switzerland was
signed at New Delhi on August 14, 1948.
• In 2018, India and Switzerland celebrated the 70th anniversary of the
signing of the Treaty of Friendship.
•The relations between India & Switzerland have achieved new heights
following the visits of Prime Minister Shri Narendra Modi to Switzerland in
2018, 2016 and Swiss President Mrs. Doris Leuthard to India in
August/September 2017. The Joint Statement issued during the visit of the
Swiss President in 2017 noted the India-Switzerland relations as ‘A Long
Standing Dynamic Partnership’.
Volume of Trade

• Switzerland is the largest European import source country for India

and the 5th largest in the world.
• Switzerland is the 9th largest trading partner for India with the total
bilateral trade.
Contd.
Bilateral Investment: Switzerland invested FDI equity worth approximately USD 4.39
billion in India from April 2000 to June 2018 thus becoming the 11th largest
investor and accounting for about 1.1% of total FDI in India during this period.
In terms of industry-wise distribution of Swiss investments in India, companies like
Nestle, ABB, Novartis, Roche UBS and Credit Suisse etc. have their operations in
India.
Recent Indian investments in Switzerland have gone into sectors such as ICT, life
sciences, engineering and chemicals.
Major Indian IT companies including TCS, Infosys, HCL, Tech Mahindra, etc. have their
offices in Switzerland and provide services to major Swiss pharma companies, banks
and insurance firms.
Indian companies in pharma and life science sectors having presence in Switzerland
include Dr. Reddy, Wockhardt and Glen mark.
Tata and Birla also have their representative offices. Swiss luxury goods firm Lux was
taken over by Eureka Forbes in 2010.
Recent agreements with India
•India has signed agreement with Switzerland for automatic
sharing of tax-related information from January 1, 2018 with an
aim to combat black money.
•Switzerland and India signed an agreement on science and
technology in 2003 and a memorandum of understanding on
cooperation in the social sciences in 2012. The activities covered
by these agreements are carried out within the scope of the Indo-
Swiss Joint Research Programme.
•Switzerland and India have signed numerous bilateral agreements
in areas such as trade, development cooperation, basic education
and vocational skills development, visas, migration, air transport,
investment, finance, taxation and scientific and technological
cooperation.
Conclusion
•India is one of Switzerland's principal trading partners in Asia. Relations
between the two countries have been strengthened through regular
high-level visits.
THANK YOU

By :
H.N.S Surya Teja (221823602011)
Sk. Sameer (221823602042)
K. Sagar (221823602045)