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

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News18•26-01-2026, 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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