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Trade · 1 October 2025

India–EFTA TEPA enters into force with a USD 100 bn investment objective

The India–EFTA Trade and Economic Partnership Agreement took effect on 1 October 2025. EFTA states aim to raise FDI into India by USD 50 bn in ten years and a further USD 50 bn in the next five.

Effective or announced 1 October 2025Impact for foreign investors: medium

What changed

The Trade and Economic Partnership Agreement between India and the EFTA states, signed in March 2024, entered into force on 1 October 2025. Under Article 7.1, EFTA states aim to raise FDI into India by USD 50 bn within ten years and a further USD 50 bn over the following five, and to facilitate 1 million direct jobs. Invest India runs an EFTA Desk.

Who it affects

Companies from EFTA states exporting to or investing in India, and Indian exporters to those markets.

What to do

Check the tariff schedule for your products and the origin rules that apply. Investors from EFTA states can contact Invest India’s EFTA Desk for facilitation.

Planning your move into India?

Talk to IMC about your entry structure, approvals, incentives, tax and the first year of compliance.

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