India–EU FTA likely to spur textiles, pharma, engineering sectors: exporters
A free trade agreement between India and the European Union is set to boost exports in textiles, pharmaceuticals, chemicals, and engineering goods. Exporters anticipate a doubling of shipments to the EU within three years. This pact offers a stable framework for Indian businesses, aiding long-term investments and market access. It also helps diversify export markets, reducing reliance on single regions.