Excitement is palpable in trade corridors following the India-EU FTA breakthrough, termed the ‘Mother of All Deals.’ Dr. Sanjeev Sarn, veteran textiles leader, lauds it as a balanced, historic triumph rooted in India’s unwavering stability and sectoral prowess.
‘Our strong governance and textile might position us ideally,’ Dr. Sarn told media. The pact neutralizes tariff hostilities from competitors, securing vast EU access, investment waves, collaborations, and employment booms.
India’s labor sectors—textiles, apparel, leather, gems, jewelry—gain massively from duty-free entry, enhancing competitiveness and job numbers effortlessly.
Culminating January 27 after 2007 origins, a 2013 freeze, and 2022 reboot, this deal spans 2 billion lives and 25% global GDP. EU tariffs vanish on 99% Indian goods; India’s drop on 93-96.6% EU items.
This isn’t just trade—it’s a catalyst for India’s economic ascent. With stability as its backbone, the FTA promises enduring gains, from factory expansions to skilled job creation, drawing global applause for visionary diplomacy.