According to Ranjeet Mehta, CEO and Secretary General of PHD Chamber of Commerce and Industry (PHDCCI), the agreement provides Indian industries with a gateway to a massive USD 23 trillion economy.
Indian equity markets opened on a firm note on Wednesday, with the automotive sector emerging as a primary focus following significant trade developments. At 9:17 am, the benchmark BSE Sensex stood at 82,308.96, gaining 451.48 points or 0.55 per cent, while the Nifty 50 reached 25,321.00, up
Prime Minister Narendra Modi, von der Leyen and European Council President Antonio Luis Santos da Costa unveiled the pact during a joint press briefing in New Delhi on Tuesday, where PM Modi said India-EU cooperation would help stabilise a turbulent global order.
United States Trade Representative Jamieson Greer has said that India stands to benefit the most from the recently concluded Free Trade Agreement (FTA) with the European Union, citing greater market access, labour advantages, and potential mobility opportunities for Indian workers.
Speaking to ANI on Tuesday, Chaturvedi said the agreement underlined the importance of shared values such as democracy, a rules-based international order, and a stable global trade system. She noted that convergence on these principles enabled meaningful cooperation.
The defining moment of this shift is the 2026 conclusion of the India-EU Free Trade Agreement, described as a "mother of all deals," marking a move away from inward-looking policies toward deep integration with key Western economies.
The finalisation of the India-European Union Free Trade Agreement (FTA) is expected to transform India into a global manufacturing hub for the chemicals sector, according to Union Minister of Commerce and Industry Piyush Goyal. The Minister highlighted that the strategic trade pact will unlo
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
Ahead of the Budget Session set to commence today, Congress leader Tariq Anwar on Wednesday expressed hope that the Union Budget would be in the public interest and would improve the country's economy. Anwar said that the functioning of the Budget Session will depend on what kind of budge
European Commission President Ursula von der Leyen noted that India-EU ties have never been stronger after both sides finalised a landmark Free Trade Agreement and security partnership. Leaders hailed the deal as a boost to trade, strategic cooperation and shared prosperity amid global un
German Foreign Minister Johann Wadephul welcomed the EU-India Free Trade Agreement (FTA), calling it a significant step toward strengthening bilateral ties and supporting global commerce.
Speaking to ANI on Tuesday, Chaturvedi said the deal, "long pending for 20 years," is advantageous not only for India but also for EU nations, further stating that the conclusion of the agreement opens new prospects in the global trade framework.