Trade Agreements

FOUNDATIONS FOR INDIA’S NEXT GROWTH PHASE

India’s $4.1-trillion economy in 2025, now the world’s fourth largest, runs on Reform Express 2025. Trade pacts like the India–UK CETA, lower compliance burdens, new labour and market laws, and reforms such as the Indian Ports Act and SHANTI Bill aim to de-risk investment and convert reform momentum into sustained high growth.

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India–EFTA TRADE & ECONOMIC PARTNESHIP AGREEMENT (TEPA): SIGNIFICANCE, CHALLENGES, WAY FORWARD

The India-EFTA TEPA pledges $100 billion FDI and 1 million jobs, boosting “Make in India” and “Atmanirbhar Bharat.” While it strengthens India’s trade and innovation profile, challenges like data exclusivity and trade imbalances must be managed to ensure balanced, equitable, and sustainable long-term growth.

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