India-EU Deal: Raymond Owner Predicts US Negotiations, Job Boom
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News1826-01-2026, 23:35

India-EU Deal: Raymond Owner Predicts US Negotiations, Job Boom

  • India and the European Union are set to finalize a historic trade agreement on Tuesday, opening new economic opportunities.
  • Gautam Singhania, MD of Raymond Group, believes this deal will compel the US to engage in trade negotiations with India.
  • He highlighted that 'zero duty' access for Indian textiles to the EU market would significantly boost employment and industrial growth.
  • Singhania praised Maharashtra CM Devendra Fadnavis's successful MoUs signed in Davos, foreseeing state and national progress.
  • EU President Ursula von der Leyen expressed high regard for India, calling its success vital for global stability.

Why It Matters: The India-EU trade deal is expected to boost the Indian economy, create jobs, and influence US trade talks.

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