Established in August 1981, ICRIER is an autonomous, policy-oriented, not-for-profit, economic policy think tank. ICRIER's main focus is to enhance the knowledge content of policymaking by undertaking analytical research that is targeted at informing India's policy
makers and also at improving the interface with the global economy. ICRIER's office is located in the institutional complex of India Habitat Centre, New Delhi.
This ICRIER paper examines the ground covered so far by India and the challenges that remain for it to realize the benefits of the South Asian Free Trade Agreement (SAFTA). Resolving issues such as the liberalization of tariffs (including trimming sensitive lists), non-tariff barriers, transport and transit barriers, and customs reforms can maximize the impact of SAFTA for South Asian nations.