Update (Jan 28, 2026): The government said sectors... ... India EU Trade Deal: What Could Go Wrong With the Mother of All Deals

Update (Jan 28, 2026): The government said sectors accounting for over ₹2.87 lakh crore ($33 billion) in exports—currently facing EU import duties ranging from 4% to 26%—will move to zero duty once the FTA comes into force. These labour-intensive industries, including apparel, marine products, chemicals, plastics, rubber, toys and jewellery, are expected to integrate deeper into European value chains, improve export competitiveness and generate employment.

Update: 2026-01-28 14:47 GMT

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