New Delhi, Jan. 28 -- The PlastIndia Foundation, representing India's plastics industry, has welcomed the India-European Union (EU) Free Trade Agreement (FTA), describing it as a strategic step expected to enhance bilateral trade, investment, and technological collaboration.

Market Opportunities and Export Growth

PlastIndia Foundation President Ravish Kamath said the FTA opens new growth avenues for India's plastics and petrochemicals sector by improving market access, reducing tariff and non-tariff barriers, and promoting innovation-led manufacturing.

"The India-EU FTA will strengthen India's position as a global manufacturing and export hub for plastics and allied products. It will facilitate greater integration of Indian industry wi...