India-EU FTA to be signed by December, effective early 2027; opens market access both ways

Piyush Goyal confirms India-EU Free Trade Agreement signing by December 2025, with rollout in Feb-Mar 2027. Deal grants duty-free access for 93% of Indian exports and cheaper European luxury cars and wines for Indian consumers, covering economies that account for 25% of global GDP.

— Filed Sun, 21 Jun, 2026, 16:04 IST · Source Times of India · Business · Updated

India-EU FTA to be signed by December 2025 and take effect by Feb-Mar 2027, granting near-zero duty access for 93% of Indian exports and cheaper European luxury cars and wines for Indian consumers.

Why this matters

Builds on prior signals detailing tariff elimination on 99% of exports and removal of 10-26% duties across $33B in labour-intensive shipments spanning 20 pillars.

Retail-brand signals steady at 1,743 over the last 90 days.