India and EU Finalize Free Trade Agreement Under Darpan Jain's Leadership
India's Free Trade Agreement with the EU, concluded on January 27, 2026, is expected to significantly enhance export opportunities and market access for Indian businesses. The pact aims to eliminate tariffs on over 96% of Indian goods and 99% of EU goods, fostering competitive advantages in various sectors.
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The India-EU Free Trade Agreement, negotiated by Darpan Jain, concluded on January 27, 2026, after a prolonged negotiation period that began in 2007. The agreement aims to eliminate tariffs on more than 96% of tariff lines for India and 99% for the EU, focusing on goods, services, and regulatory standards.
Key sectors for Indian exporters include textiles, apparel, and marine products, while European companies may benefit in automobiles and medical devices. The agreement also addresses the EU's Carbon Border Adjustment Mechanism and emphasizes sustainability through a dedicated chapter. The Indian government plans outreach initiatives across 700 districts to ensure businesses, especially MSMEs, can fully leverage the new opportunities.
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