India-EU FTA to zero out tariffs on 99% of exports, unlocking $33B in labour-intensive shipments
Apparel, textiles, leather, footwear and gems & jewellery — currently facing 10-14% EU duties — stand to gain most from the India-EU FTA, expected to take effect in 2026. Indian exporters must meet stringent EU quality standards, though trade-restrictive measures can be challenged.
India-EU FTA will eliminate tariffs on 99% of Indian exports, benefiting $33B of labour-intensive goods including apparel, textiles, leather, footwear and gems & jewellery facing 10-14% EU duties. Exporters must meet stringent EU quality standards; implementation expected next year.
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