Sonalika MD joins PM’s luncheon for Liechtenstein prince
Indian industrialist attends high-level meeting with Liechtenstein prince in New Delhi.
The Brief
- Sonalika International Tractors Ltd managing director Deepak Mittal attended a luncheon hosted by PM Modi for Liechtenstein’s Hereditary Prince Alois.
- The event highlights growing trade ties between India and Liechtenstein under the TEPA agreement.
- Indian industrialists were present to support bilateral economic cooperation and private sector engagement.
Prime Minister Narendra Modi hosted a high-level luncheon at Hyderabad House in New Delhi for Liechtenstein’s Hereditary Prince Alois. Sonalika International Tractors Ltd managing director Deepak Mittal was among the industrialists invited to the event.
The invitation to Mittal is seen as a sign of increasing trade and economic cooperation between India and Liechtenstein, under the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA).
Hereditary Prince Alois arrived in India accompanied by a delegation of European industrialists, emphasizing the strengthening of economic and strategic ties between the two nations.
Discussions under the TEPA agreement have focused on expanding cooperation in sectors such as advanced manufacturing, industrial technology, sustainable development, and cross-border investment.
The presence of Indian industrialists at the luncheon underscores the role of the private sector in promoting bilateral trade and strengthening technological partnerships between India and Central European economies.
Mittal’s participation is viewed as significant for the Indian manufacturing sector, particularly in advancing international business partnerships and industrial collaboration.
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