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India–EFTA Trade and Economic Partnership Agreement (TEPA) Comes into Force on 01 Oct 2025

Posted on: October 01, 2025 | Back | Print

A historic milestone in India’s trade diplomacy — the India–EFTA Trade and Economic Partnership Agreement (TEPA) officially came into effect on 01 October 2025, strengthening economic ties between India and the EFTA member states (Switzerland, Norway, Iceland, and Liechtenstein).

This landmark agreement opens new opportunities for trade, investment, and cooperation, marking the beginning of a new era in India’s global economic engagement.
Key Highlights:
• Enhanced market access for Indian goods and services
• USD 100 billion investment commitment over 15 years
• Creation of 1 million jobs in India
• Stronger bilateral relations with EFTA nations
• The implementation of TEPA sets the stage for deeper collaboration, sustainable growth, and shared prosperity between India and EFTA countries.




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