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Showing posts with the label Is India on the verge of its most significant economic partnership this decade?

Is India on the verge of its most significant economic partnership this decade?

India and the European Union are accelerating efforts to finalize their long-awaited Free Trade Agreement (FTA) by the end of the year. This renewed push, involving senior officials from both sides, comes at a crucial geopolitical juncture as nations seek to diversify supply chains and build resilient strategic alliances. The immediate implication for Indian businesses is monumental: a successful deal would dramatically reduce tariffs and non-tariff barriers, unlocking preferential access to one of the world's largest single markets for our technology, services, and manufacturing sectors. From our perspective, this potential agreement signifies more than just a trade pact; it’s a strategic pivot positioning India as a key global partner in technology and defence. An FTA would serve as a powerful catalyst for the entire Indian ecosystem, enabling startups and enterprises to collaborate more seamlessly on R&D, green technology, and digital standards. This move could unlock unprec...