The India–EFTA Trade & Economic Partnership (TEPA) is now live (since 1 Oct 2025) with Iceland, Liechtenstein, Norway & Switzerland.
✅ 99% of India–EFTA trade value now at zero tariff
✅ EFTA committed to bring USD 100 bn investment into India in 15 years
✅ Target: 1 million direct jobs in India
✅ In Year 1: ~8,000 origin certificates issued; new products entering export basket
✅ Early employment impact: ~1.6 lakh jobs reported
🔹 Govt has launched an FTA Utilisation Cell to help MSMEs use these benefits.
🔹 Ideal for engineering, textiles, auto components, chemicals, pharma, and value-added goods.
📌 Action: Check your product’s HS code duty rate under TEPA, ensure Rules of Origin compliance, and start using Certificates of Origin.
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