New Delhi, Jan. 29 -- The India-EU FTA is set to unlock major trade expansion across sectors, even as certain teething issues are expected during the rollout of the landmark pact between India and the European Union according to Rudra Kumar Pandey, Partner at Shardul Amarchand Mangaldas & Co

"India-EU FTA is set to bring unprecedented opportunities for both the EU and India in trade and services, and it is expected that both FDI and ODI will increase," Pandey told ANI on Thursday.

The Free Trade Agreement between the European Union and India was signed on January 27 in the national capital.

According to Pandely, while the agreement is being seen as a major milestone after long negotiations, Indian companies will need to prepare for hig...