India-EU FTA Unlocks $572B Healthcare Market, Boosts Exports & Mobility

• The India-EU FTA provides Indian exporters, service providers, and professionals broader access to the 27-nation European Union bloc, which represents nearly 25% of global GDP.
• The agreement slashes tariffs on 9,425 product categories, opens 144 service subsectors in the EU, and facilitates professional and student mobility.
• Indian healthcare and medical device manufacturers, particularly from Maharashtra, Gujarat, Andhra Pradesh, and Telangana, are set to gain significant access to the $572 billion EU healthcare market.
• The services sector, contributing 55% to India's GVA, benefits from access to 144 EU subsectors, including IT, education, financial services, tourism, and healthcare.
• The FTA includes a mobility framework for professionals, allowing Intra-Corporate Transferees to move with families, and offers a 9-12 month post-study job window for Indian students in the EU.

Why It Matters: The India-EU FTA significantly enhances market access for Indian goods, services, and professionals in Europe.