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Andreas Grossenbacher

ABOUT THE AUTHOR

Andreas Grossenbacher, graduate fiduciary expert, MAS FH in fiduciary and management consulting, has been working for KENDRIS since September 2024. Andreas was already employed by KENDRIS from December 2009 to June 2017. He previously worked for Mazars, where he headed the outsourcing department for German-speaking Switzerland. Andreas looks after national and international corporate clients. He has in-depth fiduciary knowledge, particularly in accounting and payroll. He accompanies corporate clients through all phases of the life cycle. Andreas can look back on a professional career spanning over 30 years, which has enabled him to gain a great deal of experience.
India–EFTA Free Trade Agreement Enters Into Force
by Andreas Grossenbacher | Oct 5, 2025 | Domestic Market

k-flash audio commentIndia–EFTA Free Trade Agreement Enters Into Force
k-flash audio commentIndia–EFTA Free Trade Agreement Enters Into Force

The case

Major gains for Swiss exporters to be expected.

Source: economiesuisse

The commentary

The free trade agreement (FTA) between India and the European Free Trade Association (EFTA) — which includes Switzerland, Norway, Iceland as well as Liechtenstein — officially enters into force on 1 October 2025. Swiss companies stand to benefit significantly from this milestone agreement, which marks India’s first comprehensive FTA with European partners.

Key benefits for Swiss business include: India will abolish or reduce import duties on over 95 % of Swiss industrial exports, unlocking estimated annual savings of up to CHF 167 million. Sectors such as machinery, precision instruments, watches, chemicals,and medical technology are among the biggest winners.

The FTA improves legal safeguards for Swiss patents, trademarks and geographical indications, reinforcing Switzerland’s competitive edge in innovation-driven industries.

Swiss firms in finance, insurance, engineering as well as consulting gain improved clarity and predictability in the Indian market, including provisions for temporary movement of skilled professionals.

The agreement aims to attract USD 100 billion in investment over 15 years and foster 1 million new jobs in India, offering new opportunities for Swiss companies to participate in India’s growth story.

This publication has been prepared solely for information purposes and is does not constitute a recommendation, a solicitation, or an offer. The information on which this publication is based has been obtained from sources that we believe to be reliable and in good faith, but we have not independently verified such information and no representation or warranty, express or implied, is made as to its accuracy. All expressions of opinion are made as of the date of publication and may be subject to change without notice. k-flash and all related affiliates accepts no liability or responsibility whatsoever for any consequential loss of any kind arising out of the use of this publication or any part of its contents. The use of this publication should not be regarded as a substitute for the exercise by the recipient of his or her own judgment. This publication is not directed to any person in any jurisdictions that prohibit such publication.
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