India-EU FTA to be signed by December, effective early 2027; opens market access both ways

Piyush Goyal confirms India-EU Free Trade Agreement signing by December 2025, with rollout in Feb-Mar 2027. Deal grants duty-free access for 93% of Indian exports and cheaper European luxury cars and wines for Indian consumers, covering economies that account for 25% of global GDP.

— Source publishedSun, 21 Jun, 2026, 15:42 IST·First seen Sun, 21 Jun, 2026, 16:04 IST·Source Times of India · Business

What happened

India-EU FTA to be signed by December 2025 and take effect by Feb-Mar 2027, granting near-zero duty access for 93% of Indian exports and cheaper European luxury

Key facts

  • 93% of Indian exports duty-free
  • 25% of global GDP
  • one-third of global trade
  • signing by December 2025
  • effective February-March 2027

Why this matters

Scout EU acquisition targets in distribution, logistics, and brand licensing now to lock in pre-tariff-cut multiples and secure two-way market access ahead of the 2027 rollout.