The FTA establishes a long-term, rules-based framework to unlock growth in trade, investment, and industrial collaboration for a combined market of nearly 2 billion people.
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).
The European Union in India came together to pay their tributes to the victims of the "horrible" Pahalgam terrror attack with EU Ambassadors and the Board of the Federation of European Business in India (FEBI) observing a minute of silence in memory of the victims.
Philip Ackermann, the German Ambassador to India, expressed his happiness over the launch of the Federation of European Business in India (FEBI) in Delhi adding the organisation will push the free trade agreement (FTA) negotiations between India and Europe.
Union Minister for Commerce and Industry Piyush Goyal said on Friday that two way trade between Europe and India can grow exponentially if both sides understand each other's concern and cooperate meaningfully.
Speaking at the launch of the Federation of European Business in India (FEBI) in Delhi on Friday, Delphin highlighted the steady growth of EU-India trade and called for stronger trade ties between the two economies.