the first five years
European carmakers hold less than 4% share of India’s auto market
Long-Term Policy Implications
The proposed tariff reductions signal India’s willingness to recalibrate its industrial and trade strategy in favour of deeper global integration. While domestic industry protection remains a priority, the deal reflects a shift towards managed liberalisation , competitiveness and global value-chain participation. If finalised, the India–EU FTA could become a landmark agreement shaping India’s trade trajectory for decades.
Month: Current Affairs - January 27, 2026
Category: India–EU Relations | Free Trade Agreement