1. India aims to double EU exports to $144.78 billion by 2027 with trade agreement

India aims to double EU exports to $144.78 billion by 2027 with trade agreement

Business

  • India aims to double exports to the European Union within three to four years under the trade agreement.
  • The FTA provides Indian exporters greater market access, covering over 99% of exports by trade value.
  • Labour-intensive sectors including textiles, leather, footwear and jewellery gain stronger competitiveness through reduced European tariffs.
  • The agreement is expected to deepen trade ties, support businesses and expand India's integration into European markets.

Source: ndtvprofit.com

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