Zero-duty access under the India–EU FTA, cutting tariffs by up to 12 per cent, will open the EU’s $263.5 billion textile import market to India.
The deal removes tariff disadvantages, boosts MSME-led exports, jobs and investment, improves competitiveness, addresses non-tariff barriers, and strengthens India’s position as a sustainable global textile sourcing hub aligned with Viksit Bharat 2047.