India-EU Free Trade Agreement Explained: Is the ‘Mother of All Deals’ a Breakthrough or a Disappointment for Europe?

The India-EU Free Trade Agreement, dubbed the “mother of all deals,” marks a major milestone in global economic diplomacy. R.N Bhaskar analyses how the India-EU FTA could reshape exports, jobs, supply chains, and industrial competitiveness, with India and the European Union together accounting for nearly a quarter of global GDP. The India-EU trade deal is especially crucial for sectors such as textiles and apparel, where the EU is India’s second-largest export destination. The agreement also highlights Europe’s economic needs amid an ageing population and slowing demand, making deeper market integration with India increasingly vital.