India-EFTA Trade Pact: Boosting $100 Billion Investment and 1 Million Jobs 

By | October 14, 2025

India-EFTA Trade Pact: Boosting $100 Billion Investment and 1 Million Jobs

The article highlights the transformative potential of the recently concluded India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), which is expected to unlock massive foreign investment and job creation in India.


Key Economic Commitments and Impact

  • Investment Target: The EFTA nations (Switzerland, Norway, Iceland, and Liechtenstein) have committed to promoting an investment target of $100 billion into India over the next 15 years.
  • Job Creation: This committed investment is projected to create 1 million direct jobs in India over the next 15 years, providing a substantial boost to employment.
  • Trade Facilitation: The pact is expected to provide easier access for Indian goods, particularly in sectors like IT, pharmaceuticals, and services, to the highly developed markets of the EFTA states. Conversely, it will open the Indian market to advanced technology and investment from EFTA.
  • Sectoral Gains: The agreement is particularly beneficial for Indian exports in sectors such as textiles, chemicals, and pharmaceuticals, where EFTA countries will significantly reduce or eliminate tariffs.

Strategic Significance

The deal is notable for being India’s first modern Free Trade Agreement (FTA) with developed European economies, shifting the focus beyond traditional trade in goods to include significant commitments on investment promotion and job creation.

Source :-India-EFTA-Trade-Pact-Boosting-100-Billion-Investment-and-1-Million-Jobs

Category: News

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com