India-EU FTA: A Blueprint for Global Growth and Prosperity

• The India-EU Free Trade Agreement (FTA) is hailed as a blueprint for shared prosperity, integrating India with a $20-trillion EU market across 27 nations.
• It clears 9,425 tariff lines for Indian exports, covering nearly 25% of global GDP and a market of 2 billion people, benefiting professionals, farmers, and MSMEs.
• The agreement opens access to 144 EU service subsectors for India and 102 Indian sectors for EU investment, fostering unprecedented opportunities and collaboration.
• It includes a forward-looking mobility regime for Indian professionals in IT, R&D, education, and professional services, with extended work rights for families of Intra-Corporate Transferees.
• Farmers benefit from complete protection for sensitive sectors and zero-duty access for tea, coffee, spices, and fresh produce, while MSMEs see tariffs drop to zero for leather, gems, and jewellery.

Why It Matters: The India-EU FTA is a transformative deal fostering economic integration, professional mobility, and growth across key Indian sectors.