India-EU FTA: ₹6.4 Lakh Crore Export Boost, States Poised for Massive Gains

Economy
C
CNBC Awaaz•27-01-2026, 14:07
India-EU FTA: ₹6.4 Lakh Crore Export Boost, States Poised for Massive Gains
- •The India-EU FTA is projected to boost India's exports by ₹6.4 lakh crore, eliminating 9,425 tariff lines.
- •Labor-intensive sectors like textiles, leather, gems-jewellery, marine, and engineering will gain direct access to the EU market.
- •Maharashtra's textiles, electronics, pharma, and gems-jewellery sectors will see significant benefits and job creation.
- •Gujarat's chemicals, diamonds, engineering, and marine products are set for a major boost with tariff reductions.
- •Tamil Nadu's apparel and leather industries, West Bengal's tea and marine products, and Uttar Pradesh's leather and electronics are also poised for substantial growth.
Why It Matters: The India-EU FTA offers a ₹6.4 lakh crore export boost, providing unprecedented global market access for Indian states.
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