14
- Boost to Indian exports and competitiveness — The pact would lower EU tariffs on labor-intensive Indian exports such as textiles, garments and jewelry, helping India recover market share lost after the EU withdrew GSP benefits and offset the impact of steep US tariffs.
- Strategic diversification for the EU — For Europe, the deal reduces dependence on China by strengthening supply-chain ties with India, while securing access to one of the world’s fastest-growing $4.2 trillion economies.
- Expanded market access on both sides —…
