EU Apples to Get Cheaper in India Under FTA, Domestic Growers Protected by MIP

• Apples from the European Union will become cheaper in India once the Free Trade Agreement (FTA) comes into force.
• The EU can export up to 50,000 tons (increasing to 100,000 over 10 years) at a 20% duty and a Minimum Import Price (MIP) of ₹80 per kg, ensuring a landed cost of around ₹96 per kg.
• This measure aims to maintain domestic price stability, protect farmer incomes, and support local apple producers.
• Indian apples will gain zero-duty access to the EU market over 5-7 years, opening a premium segment for domestic growers.
• Commerce Minister Piyush Goyal emphasized balancing grower protection with consumer demand, noting India's apple production falls short of domestic needs.

Why It Matters: EU apples will be cheaper in India due to FTA, but a Minimum Import Price will protect domestic growers.