India and the European Union concluded a long-awaited trade agreement, boosting prospects for Indian exporters while reshaping the competitive landscape for local manufacturers.

India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement (FTA), under which a number of domestic sectors such as apparel, chemicals, and footwear will get duty-free entry into the 27-nation bloc.

President of the European Commission Ursula von der Leyen said India and the European Union have launched their first-ever security and defence partnership, marking a significant step in bilateral ties.

European brands could finally break into India’s car market, as the country prepares to slash import tariffs after decades of protectionism

India and the European Union on Tuesday concluded a long-awaited Free Trade Agreement (FTA), bringing tariffs on European cars entering India to 10 per cent from the current high