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INDIA INC WELCOMES INDIA-EU TRADE DEAL
January 28, 2026
|The Business Guardian
In a statement, Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), said CII applauded the India-EU FTA announced today.
Indian industry chambers have welcomed the announcement of the India-European Union Free Trade Agreement (FTA), terming it a “strategic breakthrough” that will significantly deepen trade, investment, employment, and competitiveness across key sectors.
In a statement, Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), said CII applauded the India-EU FTA announced today.
“This landmark agreement represents a strategic breakthrough in India’s global trade engagement and significantly deepens the partnership between two major democracies and economies that together account for nearly 25% of global GDP.”
Highlighting the scale of market access secured under the agreement, Banerjee said the unprecedented preferential access secured for over 99% of Indian exports is a game-changer for the Indian industry.
“It decisively improves competitiveness in the EU’s high-value market, anchors Indian manufacturers and service providers deeper into global value chains, and accelerates investment, technology inflows, and scale,” Banerjee said.
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