India-EU FTA to scrap 10-26% duties on $33B labour-intensive exports across 20 pillars
Commerce Ministry confirms India-EU FTA structured on 20 chapters will grant preferential access to 99.5% of exports, eliminating 10-26% duties on textiles, apparel, gems, jewellery, leather and footwear. Deal opens EU's $263B textile import market and embeds UPI-led digital trade rails.
India-EU FTA, built on 20 pillars, will eliminate 10-26% duties on labour-intensive Indian exports including textiles, apparel, gems, jewellery, leather and footwear, opening EU's USD 263 billion textile import market and supporting UPI integration and digital trade.
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