"Manufacturing will get a huge boost from this trade deal with the EU," says Prime Minister Narendra Modi on Tuesday. Posting on his X account. He also said that the services sector will also expand post this Free Trade Agreement with the European Council.
The 27 member states of the European Union formally adopted the regulation on phasing out Russian imports of both pipeline gas and liquefied natural gas (LNG) into the EU on Monday.
India and the EU will strengthen their strategic partnership with a Security and Defence Partnership, advancing trade, defence, climate, technology, and mobility cooperation. At the 16th India-EU Summit on Tuesday, leaders will discuss FTA progress, defence frameworks, global issues, and
Speaking to the reporters, Singhania said, "As far as the budget is concerned, the EU trade deal is expected to happen tomorrow. I think that will be a significant step to bring America to the negotiating table if India gets a very good deal with the EU."
While speaking with ANI, Sachdev said, "India exports around USD 130 billion of goods and services to the EU. After this free trade agreement, our exports will jump from USD 130 billion to around USD 200 billion. European exports to India, which are around $80 billion now, will jump to aroun
"Textiles remain among the largest employers in the country and a duty-free access to the EU market would be beneficial not only for the sector but also for the broader economy," Singhania said. He added that a favourable agreement with the EU could also strengthen India's position in fut
European Commission President Ursula von der Leyen arrived in New Delhi on a state visit ahead of the 77th Republic Day celebrations. India and the EU are set to hold a summit and move closer to a major trade agreement amid evolving global trade challenges.
The Federation of Indian Export Organisations (FIEO) clarifies the recent reports concerning the European Union's notification that extends the withdrawal of Generalised System of Preferences (GSP) benefits for specific Indian product categories. This clarification addresses concerns regardi
From January 1, 2026, India faces a major setback in the EU market, as 87 per cent of its exports begin paying higher import tariffs following the EU's suspension of Generalised Scheme of Preferences (GSP) benefits. These GSP concessions previously allowed Indian products to ship at less
Ministry of External Affairs spokesperson Randhir Jaiswal said that the first meeting of the Joint Steering Committee (JSC) for India-European Union Trilateral Cooperation was held in New Delhi, marking an important step in strengthening the strategic partnership between India and the EU.
EU Commission President Ursula von der Leyen stated that the EU is close to finalising a free trade deal with India. She will visit India next weekend, as EU leaders attend India's Republic Day celebrations and co-chair the India-EU Summit, aiming to deepen strategic and economic ties.