Trade relations between the European Union and India have officially entered a historic new chapter. As of late January 2026, both partners have reached...

Trade relations between the European Union and India have officially entered a historic new chapter. As of late January 2026, both partners have reached a long-awaited milestone with the conclusion of a comprehensive Free Trade Agreement (FTA)—widely described as the “mother of all deals.” This landmark agreement is more than just a trade pact; it is a strategic, economic, and geopolitical statement that reshapes EU–India cooperation for decades to come. Current Trade Status (2025–2026) The EU remains India’s largest trading partner in goods. In the 2024–25 fiscal year, bilateral merchandise trade reached approximately $136.5 billion, slightly surpassing India's trade with the United States. India's Exports to EU: ~$75.9 billion (primarily refined fuels, smartphones, apparel, and pharmaceuticals). EU's Exports...

Trade relations between the European Union and India have officially entered a historic new chapter. As of late January 2026, both partners have reached a long-awaited milestone with the conclusion of a comprehensive Free Trade Agreement (FTA)—widely described as the “mother of all deals.” This landmark agreement is more than just a trade pact; it is a strategic, economic, and geopolitical statement that reshapes EU–India cooperation for decades to come. Current Trade Status (2025–2026) The EU remains India’s largest trading partner in goods. In the 2024–25 fiscal year, bilateral merchandise trade reached approximately $136.5 billion, slightly surpassing India's trade with the United States. India's Exports to EU: ~$75.9 billion (primarily refined fuels, smartphones, apparel, and pharmaceuticals). EU's Exports...