
Swiss chocolates and watches get cheaper as India-EFTA trade pact kicks in
Published on: Oct. 2, 2025, 12:34 a.m. | Source: The Economic Times
The trade agreement between India and the four-nation EFTA bloc has come into force, securing a $100 billion investment commitment for India over 15 years. India will phase out customs duties on products like Swiss watches and chocolates over a decade.