Prime Minister Narendra Modi celebrated the India-EU Free Trade Agreement as a revolutionary step forward, poised to vastly extend India’s market reach and ignite job growth throughout the economy.
The PMO’s post on X spotlighted Commerce Minister Piyush Goyal’s compelling piece on the epoch-making deal, which dovetails with India’s ambition to emerge as a fully developed economy.
Goyal termed the FTA’s sealing a monumental success, a far cry from the UPA’s flawed, precipitous pacts where India lost out disproportionately in concessions.
He outlined the agreement’s role in strengthening India’s core industries and nurturing widespread affluence. PM Modi’s bold leadership ensured India’s priorities prevailed, delivering market expansion, job multiplication, and economic momentum.
Brushing aside Congress criticisms, Goyal affirmed the deal’s mutual gains, engineered to accelerate India’s growth engine and broaden horizons for commerce and communities.
In Modi’s view, this pact intensifies economic collaboration with Europe, crafts opportunities for millions, and fortifies bilateral bonds for enduring prosperity. India’s grandest FTA yet, it unlocks immense benefits for its vast population.
It streamlines EU access for farmers and SMEs, sparks innovation in manufacturing, and weaves tighter service sector alliances. Truly, this is a cornerstone for India’s economic renaissance.