Story perspectives
India-EFTA Agreement: $100 Billion Investment, 1 Million Jobs
9/8/2025
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Story summary
- The Trade and Economic Partnership Agreement (TEPA) between India and EFTA starts on October 1, 2025.
- TEPA aims to boost trade access, attract $100 billion in investments, and create one million jobs.
- EFTA will reduce tariffs on 92.2% of tariff lines, while India protects sensitive sectors.
- The agreement fosters technology collaboration and mutual recognition of professional qualifications.
- TEPA marks a strategic shift in India's trade policy towards diversification and development.
