India-eu Fta Pact

Free trade agreement lifts hopes of India-EU organic food traders

Organic food traders from India and the European Union are bullish on the recently announced free trade agreement, saying it will expand market access on both sides and create significant opportunities for the sector. About 2,200 players from the sustainable food sector, including over 100 from India, are exhibiting their products at the four-day BIOFACH 2026, which is the world's leading trade fair for organic food, at the Exhibition Centre Nuremberg. The fair comes at an opportune time, with India and the 27-nation European Union announcing the conclusion of negotiations for a free trade agreement on January 27 after nearly two decades of talks. It is likely to be signed and implemented in about a year. According to experts from the organic food sector, the agreement opens up USD 60 billion worth of opportunities for Indian organic product exporters in the EU. The agreement also provides a market of 140 crore consumers to the EU countries. Under the pact, both sides will eliminat

FTA to give access to European market for Indian auto component firms: Icra

The India-EU deal is expected to reshape competitive dynamics and market access on both sides while providing better access to European markets for Indian auto and component exports, aiding the sector's long-term growth prospects, according to a report by Icra. It is expected to give a boost to premium vehicle imports, but have limited disruption to the mass market, it added. The sharp reduction in duties on EU-made vehicles (completely built units) is expected to drop from as high as 110 per cent to 10 per cent over time for a fixed quota/annum, above an import price of Euro 15,000/vehicle, the report said, adding that this will open India's car market to European original equipment manufacturers (OEMs). "Lower tariffs are expected to improve access for European brands like BMW, Mercedes, Audi, and Porsche, enabling competitive pricing and new growth opportunities in India's fast-expanding auto market," the report pointed out. It, however, said there will be a limited impact on th

India-EU free trade deal a game changer for partnership, says Jaishankar

The remarks come a week after the landmark Free Trade Agreement (FTA) between India and the European Union was finalised and signed, as negotiations concluded on January 27

India-EU FTA likely to come into force this year: EU Ambassador to India

The India-EU Free Trade Agreement (FTA) is now undergoing "legal scrubbing" and both sides are committed to concluding the process swiftly for its signing and coming into force, possibly this year, EU Ambassador to India Herve Delphin has said. Speaking to PTI, he described the FTA as a "very substantial" deal rather than an "empty shell." "We are in the process of what we call technically, of the legal scrubbing, and to close the process of before the official signing and the entry into force. I think what I've noticed with during the summit is that both sides are really committed to have this process concluded as soon as possible, so that the FTA enters into force, possibly this year, which will be another achievement," the ambassador emphasized. He listed overlapping economic interests, complementarity, scale, diversification, and de-risking as key drivers. "From the European side, the EU member states, the Commission, and leadership, and on the Indian side, we saw the same ...

PM completely surrendered to appease Trump: Cong slams govt on trade deals

The Congress on Tuesday demanded that the Modi government should take Parliament into confidence on the details of both the EU and US trade deals, while alleging that Prime Minister Narendra Modi has "completely surrendered" to appease US President Donald Trump at the cost of India's farmers. Congress general secretary in-charge communications Jairam Ramesh hit out at the government over the announcement of the India-US trade deal, saying "India stands diminished by this unfortunate sequence of events." He said that from the information President Trump has provided, it is abundantly clear that Prime Minister Modi has "completely surrendered". Ramesh said that almost exactly a year ago, Prime Minister Modi landed at the White House to greet President Trump on his re-election. "His trademark huglomacy was on full display. India-US relations never appeared brighter. Negotiations for a trade deal started immediately thereafter.But ever since President Trump made the first announcement

India-EU FTA: A transformational opportunity for India's textiles

The India-EU FTA grants zero-duty access across the full spectrum of textile and apparel tariff lines, thereby positioning Indian exporters on an equal footing with competitors

India-EU Free Trade Agreement will boost footwear, leather exports

The signing of the IndiaEuropean Union Free Trade Agreement will be a major boost for the footwear and leather industry and open up new opportunities for exporters, a senior official of the CLE said here on Saturday. The European Union is the largest market for India's footwear and leather sectors, accounting for 43 per cent of exports, Council for Leather Exports Executive Director R Selvam said. The Council for Leather Exports functions under the aegis of the Ministry of Commerce and Industry and is the apex trade promotion organisation for India's leather and leather products sector. "The IndiaEU Free Trade Agreement, which provides for zero per cent import duty in the EU for the footwear and leather sector, will open up new opportunities for exporters and help achieve our envisaged export target of USD 14 billion by 2030," Selvam said. Speaking to reporters, he said the agreement would enhance cooperation between India and the EU not only in sourcing but also in investments. I

India at high table of global geopolitics: Piyush Goyal hails India-EU FTA

Goyal emphasised that the agreement is a win-win deal that will drive economic growth and create new opportunities

India-EU trade deal strengthens PM Modi's 'Make in India' ambitions

The EU deal could also revive appetite from foreign businesses looking to diversify their operations out of China, seeing India as a possible alternative to set up factories for export into Europe

UN chief cites India-EU FTA, stresses need to support 'multipolarity'

UN chief Antonio Guterres cited the FTA between India and the EU as he underlined the need to support "multi-polarity", emphasising that global problems will not be solved by "one power calling the shots", in a veiled reference to the US and China. "In the present moment, it is clear that the most powerful country in the world is the US. Obviously, we see - and many see in relation to the future - the idea that there are two poles, one centred in the US and one centred in China," Guterres said Thursday at a press conference here outlining his priorities for 2026. He added that "if we want a stable world, if we want a world in which peace can be sustained, in which development can be generalised, and in which, in the end, our values will prevail, we need to support multi-polarity. "We need to support a dense set of relations among different countries. And I see with a lot of positive expectations, recent trade agreements: You had the EU with Mercosur. You had EU with Indonesia. EU wi

India-EU FTA to help diversify trade, give more mkt to exporters: Moody's

The trade agreement with the European Union (EU) will help India diversify its trade relationships and provide greater market access to its exporters amid growing uncertainty due to high US tariffs, Moody's Ratings has said. The free trade agreement (FTA) between India and the EU was announced on January 27. It is likely to be signed and implemented this year only. "For India, the deal reflects its continued efforts to selectively diversify trade relationships while hedging against trade volatility arising from recent US tariff actions," Moody's said. It said that for the EU, the deal strengthens economic security by widening access to a fast-growing India while reducing vulnerability to disruptions in more concentrated trade relationships. "Although we expect limited near-term credit effects for India, the EU and individual member states, once ratified and implemented the FTA will be credit positive for both sides in raising trade volumes, enhancing the diversification of trade ..

India-EU FTA signal to US, but gains hinge on efficiency: Abhijit Banerjee

Nobel laureate economist Abhijit Banerjee said the India-EU free trade agreement was "a strategic alignment", sending a signal to Washington, amid the high tariffs imposed by the Donald Trump administration, that "we don't need the US as much as America thinks we do". He, however, cautioned that the much-touted pact, described as the "mother of all deals", would not automatically translate into broad-based gains unless India dramatically improves efficiency and logistics. In an interview with PTI, Banerjee said India was yet to fully understand the nature of American resistance under President Donald Trump's leadership, noting that the US had shown "limited interest" in bargaining with India despite repeated US claims of imminent agreements during the period of heightened trade tensions. "It is certainly a strategic alignment. It sends a signal to the US- from Europe and from India - that we don't need the US as much as the US thinks we do. That can be useful if the idea is to bring

US Treasury secy slams India-EU FTA , says Europe chose trade over Ukraine

US Treasury Secy Scott Bessent criticised EU's trade deal with India, saying Brussels prioritised commercial interests over support for Ukraine and indirectly financing Russia through oil purchases

EU's Legal Gateway in India: Faster, easier routes for students, workers

The EU office will act as a single access point for Indians exploring authorised study and work routes across EU member states

India-EU FTA credit positive for India; to boost manufacturing: Moody's

The India-EU free trade pact will be credit positive for India as lower tariffs and better market access will help attract foreign investment, boost manufacturing and boost export competitiveness of the labour intensive sector, Moody's Ratings has said. India and the European Union on Wednesday had announced the conclusion of negotiations for the Free Trade Agreement (FTA), described as 'mother of all deals', under which 93 per cent of Indian shipments will enjoy duty-free access to the 27-nation bloc, while import of luxury cars and wines from the EU will become less expensive. The deal, concluded after negotiations spanning about two decades, will create a market of about 2 billion people across the world's fourth-largest economy, India, and the second-largest economic bloc, the EU. In a commentary, Moody's Ratings said India's conclusion of its trade negotiations with the EU reflects its continued efforts to selectively diversify trade relationships. "When in effect, the FTA wil

Analysts bet on KPR Mills, S.P Apparels as India-EU FTA opens export runway

Textile stocks to buy: Analysts say the India-EU FTA could boost Indian textile exports by cutting EU tariffs to zero. Here are key beneficiaries

Two decades in the making, India and EU reach deal opening up markets

Deal provides phased tariff liberalisation on over 97% of goods, safeguards sensitive sectors and boosts labour-intensive exports

Energy sector has $500 billion investment potential: PM Narendra Modi

Prime minister says pact covers a quarter of global GDP as India builds export-oriented energy ecosystem

India-EU FTA to boost marine exports with tariff cuts of up to 26%

Concerns over non-tariff barriers for farm and animal products remain

India-EU FTA to boost Indian pharma exports, improve EU market access

Lower tariffs under the India-EU free trade agreement will significantly strengthen the position of Indian formulations, APIs, and value-added medicines in the European Union, Pharmexcil Chairman Namit Joshi said on Tuesday. For the domestic pharmaceutical sector, the agreement delivers structural competitiveness, he stated. "Near-zero tariff access significantly strengthens the position of Indian formulations, APIs, and value-added medicines in the EU, a development that is particularly consequential for India's pharma MSMEs, many of whom possess strong quality capabilities, but face cost and access barriers in highly regulated markets," Joshi said in a statement. Reduced tariffs and smoother market entry will directly enhance their ability to scale exports, invest in compliance, and integrate into European supply chains, he added. "Crucially, this agreement enables stable, long-term, and predictable pharmaceutical trade, benefiting European healthcare systems and consumers throug