New Delhi, Jan. 27 -- The just-signed India-European Union Free Trade Agreement (FTA) is set to create a future-ready trade framework that advances next-generation sectors of the Indian economy, while strengthening market access, innovation, and sustainability for Indian businesses.

According to an official statement from the Ministry of Commerce and Industry, a central focus of the agreement is engineering and manufacturing, where India aims to accelerate its USD 300 billion ambition for engineering exports.

By unlocking opportunities in the USD 2 trillion EU market, the FTA strengthens India's global competitiveness and supports the integration of Indian manufacturers into European supply chains. The FTA framework places special empha...