In a historic moment, India and the European Union have concluded negotiations on a comprehensive Free Trade Agreement (FTA), hailed by Prime Minister Narendra Modi as the “mother of all deals.” Announced during the 16th India-EU Summit in New Delhi, this pact creates a massive free trade zone covering nearly two billion people and a quarter of global GDP.
The deal promises to slash tariffs—such as reducing India’s car import duties to 40%—boost manufacturing, services, and investor confidence. PM Modi emphasized its role in deepening economic and strategic ties amid global challenges, including pressures from the US. EU leaders Ursula von der Leyen and Antonio Costa joined the celebrations, calling it a “win-win” blueprint for shared prosperity.
This agreement is set to open new doors for Indian exports, create jobs, and attract massive investments. Discussions are also underway for a mobility framework benefiting students, skilled professionals, and researchers. Social media is flooded with reactions praising the diplomatic triumph, with hashtags like #IndiaEUTradeDeal trending nationwide.
This development comes hot on the heels of Republic Day, where EU dignitaries were chief guests, symbolizing strengthened Indo-European relations.
