
India-EFTA trade deal : $100 billion in investment and 1 million jobs pledged
India and EFTA signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024. The agreement entered into force on October 1, 2025. It is India’s first free trade agreement (FTA) with four developed European nations. The TEPA commits to investing US$100 billion (USD) over 15 years and creating 1 million direct jobs. This…