India-EU FTA: Tech Sharing, Collaboration to Boost Manufacturing, Productivity

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News18•30-01-2026, 20:45
India-EU FTA: Tech Sharing, Collaboration to Boost Manufacturing, Productivity
- •The India-EU Free Trade Agreement (FTA) is expected to enhance technology sharing and collaboration between the two regions.
- •Industry players anticipate productivity improvements and a strengthened outlook for India's manufacturing and labor-intensive sectors.
- •Mukund Vasudevan of SKF India highlights India's strengths in software, analytics, and frugal innovation complementing Europe's advanced technologies.
- •CNH Industrial views the FTA as a significant advancement for the agricultural machinery industry, benefiting both India and Europe.
- •The agreement reinforces India's role as a global manufacturing and export hub, fostering deeper technological collaboration, especially in farm mechanization.
Why It Matters: The India-EU FTA promises enhanced tech sharing, collaboration, and productivity, boosting India's manufacturing sector.
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