India-EFTA trade pact explained: Tariff cuts, sectoral benefits, and investment commitments
Published on: Oct. 1, 2025, 1:51 p.m. | Source: The Economic Times
India's free trade agreement with the four-nation European Free Trade Association (EFTA) came into effect, aiming to boost commerce and investments. The pact secures a USD 100 billion investment commitment from EFTA over 15 years, potentially creating 1 million jobs in India. This deal offers significant tariff concessions for Indian exports and provides consumers with cheaper EFTA goods.
