India-EFTA Trade Agreement: $100 Billion Investment Commitment and Reduced Duties on European Products Starting October 1

Sep 30, 2025 03:54 pm CST

India's Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association will take effect October 1, bringing a $100 billion investment commitment over 15 years while reducing duties on European products. This landmark agreement with Iceland, Liechtenstein, Norway, and Switzerland promises to create one million direct jobs in India while giving consumers access to high-quality European goods at lower prices.