ThePrint ThePrintAM: WHAT ARE THE HIGHLIGHTS OF INDIA-EU TRADE PACT?
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Jan 28, 2026 Discussion covers which Indian sectors get immediate tariff cuts, including marine, chemicals, textiles, gems and metals. Details on how 90% of export lines see day‑one elimination and which rates are affected. Talk about average tariff drops, quota‑restricted lines and how textiles stack up against Vietnam and Bangladesh. Also covers auto and EV tariff changes and EU gains in machinery and wines.
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Immediate Big Gains For Indian Export Sectors
- The India-EU FTA will eliminate or cut tariffs immediately on major Indian export sectors like marine products, chemicals, textiles and gems.
- This day-one relief covers sectors worth roughly $33.5 billion of Indian exports to the EU.
Tariff Cuts Boost Competitiveness In Europe
- Average EU tariffs on Indian exports drop from about 3.8% to roughly 0.1%, improving competitiveness across many categories.
- The EU market of nearly 500 million people becomes a lower-tariff alternative to the US for Indian exporters.
EU Deal Offsets US Tariff Pressure
- Indian exporters face high US duties (up to 50%) on items like shrimps and gems, pressuring alternatives.
- The EU FTA offers relief by giving lower tariffs and new market access compared with strained US trade routes.