Gandhinagar, Feb. 6 -- India's Free Trade Agreement (FTA) with the European Union is emerging as one of the country's most strategic economic partnerships, with the potential to significantly reshape India's trade and innovation landscape. This agreement supports India's approach to securing a trusted, multifaceted partnership.

It will bring key opportunities for growth, export expansion, and continue to fulfil Prime Minister Narendra Modi's vision of Viksit Bharat. Further, the FTA is expected to boost India's exports to the European Union (EU), currently valued at approximately INR 1.44 lakh crore (USD 16.6 billion), according to the Gujarat Chief Minister's Office.

As a growing economy, India has gained preferential access to the Eur...