India-EFTA trade deal to take effect from October 1, Piyush Goyal confirms implementation timeline, $100 billion investment and 1 million jobs expected

The India-EFTA Trade and Economic Partnership Agreement, signed on March 10, is set to take effect on October 1. EFTA nations pledge to invest $100 billion in India over 15 years, potentially creating one million direct jobs. In return, India will ease tariffs on EFTA exports, benefiting consumers with access to Swiss goods and opening service sectors for both regions.