Two Billion Consumers, One Trade Pact- Why the EU-India Deal Is a Gamechanger for India Explained

New Delhi: The newly concluded Free Trade Agreement between the European Union and India marks one of the most consequential economic pacts of the decade. Covering nearly two billion people and nearly a quarter of global GDP, the deal represents not only an economic milestone but a strategic recalibration at a time when global trade is increasingly shaped by geopolitical rivalry and supplychain fragmentation. European Commission President Ursula von der Leyen described the agreement as historic, noting that “rules-based cooperation still delivers great outcomes.” Her words capture the deeper significance of the FTA: it is as much a political signal…