Addressing the joint session of Parliament at the start of the Budget Session today, President Droupadi Murmu highlighted India's growing economic trajectory and the transformative reforms in the rural parts of the country.
The agreement is expected to provide a major boost to India's textile and apparel sector, which currently faces tariffs of up to 12% in the EU, compared with zero duties for competitors such as Pakistan, Bangladesh and Turkey. Similar benefits are expected for exports of chemicals, leather p
The conclusion of the India-European Union Free Trade Agreement (FTA) marked a significant boost for India's labour-intensive export sectors, with tariffs on most Indian goods entering the EU reduced or cut to zero.
Canada's plan to increase energy exports to India makes sense, The Globe and Mail reported, citing analysts. India's massive population and rapid economic growth have boosted its demand for fossil fuels.
The India-European Union Free Trade Agreement (FTA) has sparked strong optimism across India's textile sector, particularly in major manufacturing hubs such as Surat, where industry leaders view the pact as a long-awaited catalyst for modernisation, cost efficiency, and export-led growth.
Bengaluru (Karnataka) [India], January 28: For the 21st edition of IMTEX 2026, the Italian Trade Agency (ITA) and UCIMU, in collaboration with the Indian Machine Tool Manufacturers' Association (IMTMA), showcased the growing industrial opportunities between Italy and India.
Bolstered by the newly finalised Free Trade Agreement (FTA), Chairman of the India Cellular & Electronics Association, Pankaj Mohindroo, projects India's electronics exports to the European Union to cross the USD 100 billion mark by 2035. The trade pact provides a strategic shield for the In
As part of the pact, the European Union will abolish tariffs on 9425 lines of Indian exports, unlocking preferential access valued at USD 75 billion. This move is expected to accelerate India's ambition to reach USD 300 billion in engineering exports by providing entry into a USD 2 trilli
In a press release issued, SIMA Chairman Durai Palanisamy appreciated Prime Minister Narendra Modi and Union Commerce Minister Piyush Goyal for their leadership in bringing the agreement to fruition.
In a statement, Deepak Sharma, President, FMPCCI & Member FICCI, said the agreement would unlock significant opportunities by improving market access, strengthening supply chains and boosting exports across key sectors.
Indian textile industry is set to benefit from the India-EU FTA with exports and has potential to grow from USD 7 billion to USD 30-40 billion very quickly, Union Minister of Commerce and Industry Piyush Goyal said on Tuesday, noting that this could generate 6-7 million jobs in the labour
Maharashtra Chief Minister Devendra Fadnavis on Tuesday hailed the signing of the India-European Free Trade Agreement (FTA) as "historic," congratulating PM Narendra Modi for concluding a deal impacting 30 percent of the world's population and 25 percent of global trade.