The global trade landscape is shifting, and India has just opened a new gateway to Europe. On 1st October 2025, the India–EFTA Trade and Economic Partnership Agreement (TEPA) comes into effect, marking India’s first trade pact with a European bloc.
The European Free Trade Association (EFTA) includes Switzerland, Norway, Iceland, and Liechtenstein nations known for strong economies, advanced technologies, and high purchasing power. This TEPA promises reduced tariffs, investment inflows, and expanded market opportunities for Indian businesses.
At Comply Globally, we specialize in Compliance and EXIM Advisory, ensuring businesses can fully leverage such international agreements.
Benefits for Indian Exporters
- Duty-free / reduced tariffs on:
- Gems & Jewellery
- Textiles & Apparel
- Pharmaceuticals & Medical Supplies
- Engineering Goods
- IT & Professional Services
- Entry into wealthy European markets with stronger demand.
- Increased opportunities for skilled professionals (IT, healthcare, engineering) to work in EFTA countries.
Import Advantages for Indian
- Lower import costs on:
- Machinery & Precision Equipment
- Medical Devices & Chemicals
- Swiss Watches & Premium Consumer Goods
- Dairy Products & Confectionery
- Streamlined customs procedures and documentation.
- Access to advanced European technology and products.
Investment Commitments from EFTA
- EFTA has pledged USD 100+ billion investment over 15 years in India.
- Focus areas: Infrastructure, renewable energy, healthcare, and manufacturing.
- This means more job creation, partnerships, and technology transfer.
Challenges for Businesses
- Strict European quality and compliance standards
- Competition from Swiss/Norwegian imports in dairy and premium food products.
- Correct application of Rules of Origin to avail duty benefits.
How Comply Globally an Initiative of Connect Ventures Inc. Helps Businesses Navigate the TEPA
At Comply Globally, we provide end-to-end support for businesses aiming to leverage this trade agreement:
- Export–Import Advisory: Guidance on tariffs, duties, and customs.
- Compliance & Documentation: Rules of Origin, EU/EFTA certifications.
- Partnership Facilitation: Connecting Indian businesses with European buyers, distributors, and investors.
- Market Strategy: Identifying profitable products & sectors under the new TEPA.
Conclusion
The India–EFTA Trade and Economic Partnership Agreement (TEPA) is a gateway for Indian businesses into Europe. With lower tariffs, increased investments, and new opportunities in services and goods, this pact is set to reshape India’s global trade presence.
At Comply Globally. – Your Globalization Partner, we help companies stay compliance-ready and globally competitive. Reach out to us today to unlock the full benefits of this landmark agreement.
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