India-EU FTA: The 'Mother of All Deals' Unlocks Massive Economic Opportunities
Opinion
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News18•30-01-2026, 09:22
India-EU FTA: The 'Mother of All Deals' Unlocks Massive Economic Opportunities
- •The India-EU Free Trade Agreement (FTA), concluded on January 27, 2026, creates a free trade zone for nearly 2 billion people and 25% of global GDP, positioning India and the 27-member EU bloc for transformative economic integration.
- •The deal grants over 99% of Indian exports preferential entry into the EU, with immediate zero-duty access on 70.4% of tariff lines, significantly boosting labour-intensive sectors like textiles, apparel, and marine products.
- •Projections indicate Indian exports to the EU could rise by up to 41%, with overall bilateral trade increasing by up to 65%, aligning with PM Modi’s "Viksit Bharat" vision.
- •The FTA addresses non-tariff barriers, simplifies customs, and includes provisions for IPR, services, and auto sectors, fostering FDI, job creation, and technological advancement.
- •Key sectors like pharmaceuticals, IT, gems & jewellery, and engineering goods will see substantial benefits, with hubs in Gujarat, Maharashtra, Tamil Nadu, and major IT cities poised for growth and job creation.
Why It Matters: The India-EU FTA is a landmark agreement set to drive India's export-led growth, job creation, and global economic integration.
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