India-EU FTA Nears Finalization: Game-Changer for Indian Economy & Stock Market

• The India-EU Free Trade Agreement (FTA), stalled since 2007, is nearing finalization, with European Commission President Ursula von der Leyen indicating its advanced stage.
• Experts believe the FTA will significantly boost India's 'geo-economic' position and could be the biggest reform movement since the 1990s economic reforms.
• Sectors like textiles, services, banking, logistics, manufacturing, IT, and pharma are expected to see sharp buying and positive impact.
• Annual goods trade between India and the EU is approximately $130 billion, with India holding a $10-15 billion surplus; services trade is $72 billion with a $9 billion surplus.
• The FTA is projected to increase trade by 20-30%, offering India an alternative market to the US amidst rising tariffs and strengthening its global trade standing.

Why It Matters: The impending India-EU FTA is a major economic reform, set to significantly boost Indian trade, industries, and stock market.