New Delhi, Jan. 26 -- The proposed India-European Union (EU) Free Trade Agreement (FTA), particularly negotiations around zero duty on textiles, could deliver a significant boost to employment and industrial growth, Raymond Group Managing Director Gautam Singhania said on Monday.

"Textiles remain among the largest employers in the country and a duty-free access to the EU market would be beneficial not only for the sector but also for the broader economy," Singhania said.

He added that a favourable agreement with the EU could also strengthen India's position in future trade negotiations with the United States.

"Zero duty on textiles will be very good for the industry and from an employment point of view as well. A strong deal with the E...