India-EU FTA: Key benefits for India and impact on competing countries




India-EU FTA could boost India’s apparel exports by reducing tariffs to zero, enhancing competitiveness particularly in non-knit items (HS Code 62).
Competitors like Bangladesh and China may lose market share.
India needs to improve product quality to counter EU’s non-tariff barriers.
The tenth round of India-EU FTA negotiations are likely in early 2025.



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