The India-EU FTA creates access to a two-billion-person market and signals strategic trust
The partnership now spans defence, services, mobility and post-study work visas
Together, India and the EU account for 25% of global GDP and one-third of trade
Tariffs will fall sharply, though CBAM relief is limited but non-discriminatory
The FTA cannot replace a US deal or broader tariff and trade-policy reform
India must push internal reforms to turn trade openness into competitiveness