Yes!

Funds parked by Indian individuals and firms, in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over ₹20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments. Source: Switzerland central bank

The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years.