𝗞𝗲𝘆 𝗧𝗿𝗮𝗱𝗲 𝗨𝗽𝗱𝗮𝘁𝗲 | 𝗜𝗻𝗱𝗶𝗮-𝗘𝗨 𝗙𝗧𝗔 𝗖𝗼𝗻𝗰𝗹𝘂𝗱𝗲𝗱
The India-EU Free Trade Agreement (FTA) is a landmark agreement between two major global economies aimed at reducing trade barriers and boosting economic cooperation. The agreement brings significant benefits for EU businesses looking to expand in India, including a major reduction in tariffs and increased market access. With the potential to save up to €4 billion annually, the FTA creates numerous opportunities for EU firms across multiple sectors.
Key Benefits for EU Firms
The India-EU FTA provides several economic advantages for businesses, particularly in reducing trade costs. With the elimination of 96% of tariffs, EU businesses can save an estimated €4 billion every year. Notably, the agreement allows for duty-free access to Indian markets for a variety of sectors, including agri-food. Products like wine, olive oil, and chocolates, which were previously subject to high import duties, can now be exported to India without tariffs, boosting the profitability of European farmers and manufacturers.
Additionally, the agreement will likely double trade between India and the EU by 2032. This growth can lead to new business opportunities, especially in high-demand sectors such as technology, healthcare, and renewable energy.
𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝘁 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻
Non-discrimination guarantees
Anti-expropriation safeguards
Free capital repatriation
State-of-art dispute settlement
GI protection for European specialties
𝗛𝗼𝘄 𝗜𝗻𝗱𝘂𝘀𝗘𝗻𝘁𝗿𝘆 𝗰𝗮𝗻 𝗲𝗻𝗮𝗯𝗹𝗲 𝗮 𝘀𝗺𝗼𝗼𝘁𝗵 𝗿𝗶𝗱𝗲 𝗳𝗼𝗿 𝗘𝗨 𝗳𝗶𝗿𝗺𝘀 𝘁𝗼 𝗜𝗻𝗱𝗶𝗮𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝘀
𝗥𝗲𝗽𝗮𝘁𝗿𝗶𝗮𝘁𝗶𝗼𝗻 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲
Navigate withholding tax
FEMA filings
Banking documentation
𝗥𝘂𝗹𝗲𝘀 𝗼𝗳 𝗢𝗿𝗶𝗴𝗶𝗻 𝗩𝗲𝗿𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻
Certify zero-duty eligibility
Avoid import penalties
Rules of Origin compliance
𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝘁 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴
PE-proof entity design
Leverage investment protections
100% FDI structuring
𝗚𝗦𝗧/𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿 𝗣𝗿𝗶𝗰𝗶𝗻𝗴
GST-compliant resellers
TP safe harbours
India-EU intra-group compliance
𝗖𝗼𝗿𝗲 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆
EU firms need local partners for tariff compliance
GI registration
Capital transfers
Dispute quantification