New Delhi, Oct. 2 -- The landmark Trade and Economic Partnership Agreement (TEPA) between India and the EFTA States (Iceland, Liechtenstein, Norway and Switzerland) entered into force on Wednesday, representing a significant milestone in the trade and economic relations between the parties.

JBM Group Vice Chairman Nishant Arya told ANI on Thursday TEPA is a path-breaking initiative which will be a game-changer and a clear multiplier.

He said the collaboration will also help reach India its goal of 500 GW of non-fossil fuel electricity capacity by 2030.

"Countries like Norway who have more than 90% of the new vehicles being electric and in countries like Switzerland where they have such a high technology based on semiconductor, battery ...