Prime Minister Narendra Modi with President of the European Commission Ursula (Photo: PTI)
India
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News1827-01-2026, 11:40

PM Modi Hails India-EU Pact as 'Mother of All Deals,' Foresees Huge Opportunities

  • PM Modi described the India-EU trade agreement as the "mother of all deals," bringing immense opportunities for both regions.
  • The agreement signifies strong coordination between two of the world's largest economies, representing 25% of global GDP and one-third of global trade.
  • PM Modi emphasized that the pact not only boosts trade but also strengthens shared commitments to democracy and the rule of law.
  • Speaking at India Energy Week 2026 in Goa, PM Modi welcomed global participants from nearly 150 countries.
  • He highlighted India's refining capacity, currently second globally at 260 MMTPA, with plans to reach 300 MMTPA and become the world leader.

Why It Matters: PM Modi lauded the India-EU trade pact as a monumental deal, promising vast economic and strategic benefits.

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