India & EFTA’s trade pact aims for $100B investment & 1M jobs

The India-EFTA Trade and Economic Partnership Agreement (TEPA), effective October 1, 2025, is India’s first FTA with Switzerland, Norway, Iceland, and Liechtenstein, committing USD 100 billion in investments and 1 million jobs over 15 years. EFTA offers 92.2% tariff concessions; India offers 82.7%. Key sectors like dairy and agriculture are protected. The India-EFTA Desk facilitates investments, with reduced tariffs boosting Make in India and Atmanirbhar Bharat.