and the Principality of Liechtenstein established diplomatic
relations in 1993. The Ambassador
of India to Switzerland, resident in Berne, is concurrently
accredited as Ambassador of India to the Principality of
Liechtenstein. Despite its small size, Liechtenstein assumes
importance on account of its membership of UN and other International
Organisations as well as of European Economic Area (EEA) and EFTA
(Switzerland, Norway and Iceland). The EEA forms a single market for
the free movement of persons, goods, services and capital through
three of the four member states of the EFTA and all EU member states,
altogether encompassing 30 countries and over 500 million people.
the first ever high level official visit from either side, H.S.H.
Hereditary Prince Alois of Liechtenstein, accompanied by his spouse
HRH Princess Sophie and 11-member official delegation, including the
Minister for Foreign Affairs, Education, and Culture and 10-member
business delegation visited India from 14-20 November, 2010 at the
invitation of Hon’ble Vice-President of India. During the visit,
Prince Alois met President Smt. Pratibha Patil, Vice-President Shri
Mohammad Hamid Ansari, Finance Minister Shri Pranab Mukherjee, UPA
Chairperson Smt. Sonia Gandhi, Leader of Opposition Smt.
and Minister of State, MEA Smt. Preneet Kaur. The delegation visited
the India International Trade
Fair in Delhi. Prince
Hans Adam II had toured India a few years ago on a private visit.
Along with Prince Alois Prince Hans Adam II again paid
a private visit to India from October 13-19, 2013 in connection with
various business meetings of M/s Savannah Seeds Pvt. Ltd., Gurgaon.
Minister of State for External Affairs, General (Dr.) Vijay Kumar
Singh (Retd), visited Principality of Liechtenstein, in a first ever
Ministerial visit from India to Liechtenstein on 18-19 April 2016. He
met Mr. Thomas Zwiefelhofer, Deputy Prime Minister and Minister for
Home Affairs, Justice and Economic Affairs of Liechtenstein on 18
April 2016 and Ms. Aurelia Frick, Minister of Foreign Affairs,
Education and Cultural Affairs on 19 April 2016. He paid a Courtesy
call on His Serene Highness Hereditary Prince Alois of the
Principality of Liechtenstein, at Vaduz Castle on 19 April 2016.
Talks were held on ways to strengthen and diversify bilateral
relations between the two countries.
trade, which rose to almost US$ 5 million in 2008-209, has been
dipping in recent years. As per the data from the Deptt. of Commerce,
GOI, bilateral trade was US$ 1.09 million from April-Dec. 2015-16.
The % change in trade was (-) 0.5%. India’s exports were US$ 0.27
million while the imports were US$ 0.82 million. The total bilateral
trade during 2014-15 was US$ 1.36 million, exports from India at US$
0.19 million and imports at US$ 1.17 million. The trade figures of
the last four years are given below as per Liechtenstein’s data, in
the year 2009, the direct trade volume between India and
Liechtenstein amounted to 30 million USD, without counting indirect
exports via Switzerland. Direct exports from Liechtenstein to India
accounted for Appx. 26.23 million USD; direct imports from India into
Liechtenstein amounted to about 3.64 million USD in 2009.:
main items of India’s exports are metal alloys and articles
thereof, stones, machine tools, mechanical seals, basmati rice,
petroleum products, etc. The main items of India’s imports are
mechanical appliances and parts thereof, electrical machinery and
equipment, dies pigments and other coloring matters, glass and
glassware, medical surgical and other precision instruments and
articles made up of aluminum and other base metals.
per RBI’s data, the FDI inflow from Liechtenstein amounts to US$
9.5 million from April 2000 to June, 2015. Several Liechtenstein
companies like LGT Group, Hilti, Ivoclar and Umicore Materials AG,
have their presence in India, employing over 8000 people.
Group is the largest Private Banking and Asset Management Group in
the world that is wholly-owned by the Princely Family of
Liechtenstein with assets under management at 125.7 CHF billions at
the end of June 2015. Prince Philipp the second son of Prince Franz
Joseph II and younger sibling of the Reigning Prince is the Chairman
of the board of trustees of the LGT Group. The Reigning Prince’s
second son Prince Maximilian and younger brother of Prince Alois work
as CEO and president of the LGT Group.
Seeds Pvt. Ltd.
is a Indian subsidiary of LGT group
at Gurgaon. Incorporated in October 2010, Savannah
is a leading technology-based rice company focused on developing
with high yields and value added traits. LGT
Venture Philanthropy (LGT VP) is the philanthropic investor arm of
LGT Group. LGT VP has funded at least seven organizations/ social
enterprises in India. Funding has ranged from grants and loans to
equity investments. These are- Mumbai-based charitable trust, Aangan
Trust works is to improve state-run children homes in India;
Pune-based social enterprise, Driptech helps farmers through its
innovative and cost-effective drip irrigation technology;
Mumbai-based charitable trust, Educate Girls works towards improving
girls’ education; Delhi-based social enterprise, Green Oil’s
mission is to regenerate wastelands through planting Jatropha and
convert organic waste into renewable energy and natural fertilizer;
Patna-based social enterprise, Husk Power Systems pioneered a
gasifier-based mini electric distribution system powered by discarded
rice husks and provides off-grid electricity to villagers;
Pune-based social enterprise, Mann Deshi’s mission is to empower
poor rural women to achieve sustainable livelihoods through education
and microfinance; and Operation Asha is a registered NGO active in
India for treatments of tuberculosis patients.
HILTI Corporation, is a Liechtenstein company that develops,
manufactures and markets products for the construction, building
maintenance and mining industries. It has representation in around
120 countries worldwide, including India. Hilti
Manufacturing India Private Limited is a Hilti subsidiary based in
Gujarat produces diamond tools and cutting disks. It acquired in 2008
Bhukhanvala Diamond Systems Private Ltd. Headquartered
in Schaan in the Principality of Liechtenstein, Hilti’s sales were
4.5 billion Swiss francs in 2014 and employed some 22,000 worldwide.
Vivadent (India) Private Limited is a wholly owned subsidiary of
Ivoclar Vivadent AG, a Schaan, Liechtenstein based company, offering
a comprehensive range of innovative products and systems in dental
field. The overall sales revenues of the Ivoclar Vivadent Group
amounted to 761 million Swiss francs in 2014.
is a global materials technology and recycling group, with more than
14,000 employees in 38 countries and a turnover of Euro 8.8 billion.
Its Indian subsidiaries are Umicore Autocat India Pvt. Ltd.; Umicore
Anandeya India Private Ltd.; and Umicore India Private Ltd.
Blazers is the leading global supplier of PVD coatings and other
surface technologies which greatly improve the performance and
service lives of precision components as well as metalworking and
plastics processing tools. The product of Oerlikon Blazers is
marketed under the brand name BALNIT. The company also develops
coating processes manufacturers and markets coating systems and
turnkey production lines and offers contract coating services through
its dynamically growing network in Europe, the American and Asia,
including India. Their Indian operational centres are in Pune,
Gurgaon, Bangalore, Kanchipuram and Jamshedpur.
is another Liechtenstein based International company mainly
manufacturing and trading in Swarovski branded crystal/jewellery
products. Swarovski has made its foothold in India and has exclusive
outlets in 12 to 15 Indian cities, and many points of sales in
various shopping malls. Swarovski has plans to expand its activities
in retials as well as real estate market.
is an international corporation headquartered in Liechtenstein. They
are a technology firm manufacturing innovative electrical and
electronic interconnection products and systems for the audio
industry. Neutrik group consists of strategically placed subsidiaries
in the United States, Switzerland, France, Japan, China and Germany.
They have a network of exclusive distributors worldwide, including
is one of the four members of the EFTA, a group with which India has
commenced negotiations for an India-EFTA bilateral Trade and
Investment Agreement (TIA). An Indian delegation led by Shri Rajiv
Kher, Additional Secretary in the Ministry of Commerce, visited
Vaduz, Liechtenstein from 23-24 January 2012, to attend
Chief Negotiators' Meeting of India-EFTA TEPA Negotiations.
one of India’s important partner nations in fighting overseas tax
abuse and black money. The Liechtenstein FIU (Financial Intelligence
Unit) had the opportunity to support India in establishing an FIU of
its own and to second its admission into the Egmont Group in the year
2007. On March 28, 2013, India and Liechtenstein signed the Tax
Exchange Agreement (TIEA) in Berne. After ratification by both
sides, the Agreement entered into force on January 20, 2014. India is
probing cases of alleged black money stashed by Indians in LGT Bank.
The LGT list containing 26 names was received by India in 2008 from
Germany The Government has made public names of 18 Trusts/individuals
against whom proceedings have been initiated.
People to People
very successful ‘India Week’ was organized in Liechtenstein by
India Club, Vaduz (Liechtenstein) in collaboration with the Embassy
of India, Berne, and under the patronage of Ms. Aurelia Frick,
Minister of Foreign Affairs, Education and Cultural Affairs of the
Principality of Liechtenstein, from 17-22 May 2016. The week-long
events highlighted the rich cultural heritage and business potential
of India through workshops on Yoga, Kuchpudi Dance performance by the
renowned Kuchipudi Dance exponents Drs. Raja and Radha Reddy,
eco-tourism in Himalayas, screening of Bollywood movies, and the
European Green India Summit (EUGIS’16) showcasing the potential of
Green and renewable energy and eco-friendly business in India.
Club Liechtenstein organized an India festival in Vaduz and its
suburb from 24-28 March, 2015 with the support of Indian Embassy in
Bern, ICCR, Govt. of Liechtenstein and other local institutions. As
part of the festival, an art exhibition and workshop, seminar on
tourism and culture, yoga classes, a business round table on
‘Make-in-India’ and a Kathak dance show were held. The festival
was inaugurated by the Ambassador along with Mr. Kerstin Appel,
Secretary of Ministry of Culture of Liechtenstein on 24 March, 2015.
ICCR had sponsored a 10-member Kathak Dance troupe, led by Smt. Aruna
Kelkar from Pune based “Niritya Bharti Academy” which held a show
and a Kathak workshop in Triesen (Liechtenstein) on 27 & 28
March, 2015. The Kathak show was also attended by the Liechtenstein
Minister for Foreign Affairs, International Cooperation and Culture,
Aurelia Frick. The
Liechtenstein Minister also attended the yoga classes. All the
shows/programme were well attended and appreciated. The
cultural performance by a troupe sponsored by ICCR was well received
in Balzers on June 9, 2011. The first-ever Indian Film
was inaugurated by Hon’ble Minister for Foreign Affairs and Culture
Mrs. Aurelia Frick on 16 November, 2011 in Vaduz. The festival
showcased popular Indian films for a week.
International Day of Yoga (IDY)
was celebrated on 21 June, 2015 with great gusto and enthusiasm at
the Culture Centre, Gasometer, Liechtenstein with about 30
and visual media covered the event in their regular news-bulletins.
are about 5 Indians based in Liechtenstein due to the requirement
that a foreigner needs to have either a Swiss or Liechtensteinian
spouse for a residence permit. There could be about 50-60 Indians
working in Liechtenstein but staying either in Austria or
- Website of the Government of Liechtenstein
- Information on Liechtenstein
- Country facts on Liechtenstein
- Liechtenstein Tourism
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