India and the EU concluded FTA negotiations in early 2026 — a landmark deal covering the world's largest democracy and the world's largest single market, representing a bilateral trade relationship worth roughly $200 billion.
The agreement slashes tariffs across goods, services, and investments, with key wins for Indian pharmaceuticals, textiles, and IT services, while the EU gains better access for automobiles, spirits, and dairy.
Since 1960, ties between Europe and India have been deep, India was one of the first countries to establish diplomatic relation with the European Economic Community and signed in 1994 a cooperation agreement to go further in trade and economic cooperation.
This cooperation has evolved and developed into strong trade and investment relations that continue to grow across sectors. Learn more about the bilateral trade and investment ties.