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EFTA bloc to announce $100-bn investments

Hindustan Times Pune

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September 30, 2025

{ DELEGATION WILL REACH DELHI TOMORROW

- Rajeev Jayaswal

A group of investors from European Free Trade Association (EFTA)—Norway, Switzerland Iceland and Liechtenstein—are arriving in New Delhi ‘on Wednesday to announce the first tranche of $100 billion investments they committed under the India-EFTA free trade agreement (FTA), officials said.

The FTA, which was finalised in March 2024, will come into effect from October 1, Union commerce minister Piyush Goyal said while addressing the valedictory session of UP International Trade Show (UPITS) 2025 in Greater Noida on Monday. Ministers from India and EFTA nations are expected to formally launch the FTA in New Delhi on Wednesday.

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