Industry leaders from Europe and India have welcomed the signing of the India-European Union Free Trade Agreement (FTA), describing it as a positive and tangible step that opens new opportunities for businesses on both sides and signals a shift from prolonged negotiations to concrete action.
States across India are set to benefit from the landmark India-European Union Free Trade Agreement (FTA), with exports estimated at Rs 6.4 lakh crore expected to gain access to 27 EU markets under a single trade framework.
Over 95 per cent of EU businesses in India plan to expand their operations in India in the next five years, according to a survey conducted by Federation of European Business in India (FEBI).
As India and EU signed the security and defence partnership, EU Vice President Kaja Kallas noted that this would help in exploring Indian participation in European defence initiatives.
President of the European Commission Ursula von der Leyen had special praise for India's Commerce Minister Piyush Goyal for playing a key role in the just-finalised India-EU Free Trade Agreement.
India and the European Union on Tuesday signed a landmark Security and Defence Partnership, marking the first overarching defence and security framework between the two sides, as leaders from both blocs agreed to significantly deepen cooperation across strategic, regional and global securit
European Council President Antonio Costa showed his overseas Indian card during the joint press meet here in the national capital on Tuesday and underlined how the conclusion of negotiations holds a special meaning for him.
Prime Minister Narendra Modi on Tuesday hailed the conclusion of the India-European Union Free Trade Agreement (FTA), describing it as "not just a trade agreement, but a blueprint for shared prosperity."
India and the European Union inked key agreements and MoUs on Tuesday in the presence of Prime Minister Narendra Modi and European Commission President Ursula von der Leyen and European Council President Antonio Costa. Notably, India and the EU have also agreed on a strategy document titl
European cars like Mercedes-Benz, BMW, Audi, Ferrari, Lamborghini, Rolls-Royce, Bentley etc are set to become cheaper in India following the conclusion of the India-European Union FTA.
President of the European Council Antonio Costa on Tuesday said that the 16th India-EU Summit will deliver tangible benefits for citizens, enhanced prosperity and security, and contribute to a resilient multipolar world, while expressing optimism about strengthening the partnership between I
Prime Minister Narendra Modi held delegation-level talks with the President of the European Commission, Ursula Von Der Leyen and the President of the European Council, Antonio Luis Santos da Costa, at Hyderabad House in Delhi.