India-EU FTA Finalized: Who Benefits Most? Unpacking the Historic Trade Deal

• The India-EU Free Trade Agreement (FTA) has been finalized, connecting the world's fourth and second-largest economies.
• India gains preferential access to 97% of EU tariff lines, covering 99.5% of trade value, with duties eliminated on 70.4% of lines.
• Labor-intensive sectors like textiles, apparel, leather, and gems will see duties reduced to zero, boosting exports and job creation.
• Europe gains access to 92.1% of India's tariff lines, benefiting high-tech products and reducing input costs for Indian consumers.
• The deal benefits farmers, the service sector, and Indian professionals, while protecting sensitive sectors like dairy.

Why It Matters: The India-EU FTA offers significant economic opportunities for both sides, boosting trade, investment, and job creation.