India, Jan. 29 -- The recently signed free trade agreement between India and the European Union, which has been described as the "mother of all deals", is expected to boost India's manufacturing strength, support exports and strategic capacity, according to the Economic Survey 2025-26 tabled in Parliament by Union finance minister Nirmala Sitharaman on Thursday.

Notably, the agreement cuts duties on nearly 97 per cent of EU goods coming into India. For Indian exporters, the FTA offers special entry to 97 per cent of tariff lines for products in EU markets, which together make up 99.5 per cent of the total trade value. Follow live updates related to Economic Survey here.

Also mentioned in the Economic Survey is that from April 1 to Janua...