New Delhi: As the India-European Free Trade Association (EEFTA) Trade and Economic Partnership Agreement (TEPA) comes into effect from October 1, the India-EFTA Desk has been inaugurated as a single-window platform to facilitate EFTA investments in renewable energy, life sciences, engineering, and digital transformation, while fostering joint ventures, SME collaborations, and technology partnerships, the government said on Tuesday.

The TEPA establishes India’s first FTA with four developed European nations and commits $100 billion in investments and 1 million direct jobs over 15 years.

India’s exports to EFTA stood at $72.37 million in 2024, contributing 0.41 per cent of EFTA’s total imports. This agreement is expected to reduce tariff barriers and expand India’s share in key commodities

See Full Page