Excitement is mounting in trade circles as India and the EU finalize details of a long-awaited free trade deal, with signing slated for this month. Reliable sources confirm that outstanding differences have been ironed out, marking the culmination of a decade-long effort. The pact promises duty-free access for thousands of products, revolutionizing bilateral commerce valued at over $120 billion annually. Indian exporters stand to gain immensely in software and textiles, while EU industries eye expansion in India’s burgeoning middle-class consumer base and manufacturing sector.
