📄 Abstract
The proposed India–European Union Free Trade Agreement (India–EU FTA) represents one of the most comprehensive and strategically significant trade initiatives involving a major emerging economy and an advanced economic bloc. This study analyses the economic, sectorial, strategic, and regulatory implications of the India–EU FTA in the context of a rapidly evolving global trade environment marked by geopolitical uncertainty and weakening multilateralism. Drawing on secondary data, existing empirical literature, and policy analysis, the paper evaluates the potential impact of the agreement on trade flows, services liberalisation, investment patterns, and sectorial competitiveness. The findings suggest that while the FTA offers substantial opportunities for export diversification, services expansion, and value-chain integration, its benefits are likely to be uneven across sectors and firm sizes. Services, pharmaceuticals, and investment-intensive manufacturing emerge as key gainers, whereas MSMEs and labour-intensive sectors may face short-term adjustment pressures due to heightened competition and regulatory compliance requirements. The study further highlights the strategic importance of regulatory cooperation, digital governance, and sustainability standards in determining the long-term effectiveness of the agreement. The paper concludes that the success of the India–EU FTA will depend critically on complementary domestic reforms, institutional capacity-building, and a calibrated implementation strategy to ensure inclusive and sustainable trade outcomes. The analysis is based on publicly available official communications, press releases, and secondary reports at the time of writing.
🏷️ Keywords
📚 How to Cite:
Dr.Harish Tigari , INDIA–EUROPEAN UNION FREE TRADE AGREEMENT: ECONOMIC PROSPECTS, STRATEGIC CONVERGENCE, AND POLICY CHALLENGES , Volume 13 , Issue 6, June 2026, EPRA International Journal of Environmental Economics, Commerce and Educational Management(ECEM) , Pages: 227 - 232 ,