**Executive Summary**
This document is an English translation of the Prime Minister's remarks during the India-EU Business Forum in Delhi, dated January 27, 2026. It highlights the strengthened India-EU partnership, marked by the conclusion of a comprehensive Free Trade Agreement (FTA). The document emphasizes mutual cooperation and the advantages this partnership offers to businesses and citizens of both regions.
**Key Points / Main Content**
* **Strengthened India-EU Partnership:**
* The India-EU partnership symbolizes the alignment between the world's two largest democratic powers.
* The FTA is described as a clear and positive message for the business world and an invitation for collaboration.
* The visit of European Union leaders as Chief Guests in India's Republic Day is unprecedented.
* **Economic Benefits & FTA:**
* Trade between India and the EU has doubled in the last 10 years, reaching 180 billion euros.
* Over 6,000 European companies are working in India, with more than 120 billion euros of investment from the EU into India.
* 1,500 Indian companies are present in the European Union, and Indian investment there has reached nearly 40 billion euros.
* The FTA provides India's labor-intensive products (textiles, gems, jewelry, auto parts, engineering goods) with easier access to the EU market.
* It will create new opportunities in fruits, vegetables, processed food, and marine products.
* **Areas for Enhanced Cooperation:**
* De-risking dependencies in trade, technology, and critical minerals is crucial.
* Increased partnership is encouraged in defense, space, telecom, and AI sectors.
* Joint research and investment in green hydrogen, solar energy, and smart grids are prioritized for a sustainable future.
* Collaboration is needed in water management, circular economy, and sustainable agriculture.
**Impact Analysis**
**Business Leaders of India and the European Union**
* **Impact:** Benefit from increased trade opportunities, easier market access, and enhanced collaboration potential in various sectors.
* **Action Required:** To take full advantage of the opportunities presented by the FTA.
**Farmers and Fishermen**
* **Impact:** Direct beneficiaries of the FTA due to new opportunities in fruits, vegetables, processed food, and marine products.
* **Action Required:** To adapt to new market demands and opportunities presented by the FTA.
**Service Sector (Especially IT, Education, Traditional Medicine, and Business Services)**
* **Impact:** Greater benefits due to increased collaboration and market access in these sectors.
* **Action Required:** To develop new services and solutions to meet the needs of the expanded market.
**India and the European Union**
* **Impact:** Economic growth and opportunities.
* **Action Required:** To work together to further partnership goals.
Key Entities Referenced
India-European Union Free Trade Agreement (FTA): A comprehensive free trade agreement concluded between India and the European Union, aiming to provide easy access to the European Union market for India's labor-intensive products and create new opportunities in various sectors.
India-European Union Business Forum: A forum to promote business partnerships between India and the European Union, featuring CEOs and leaders from both regions.
European Union Council: One of the two main legislative bodies of the European Union; the President of the European Union Council visited India for the event
European Union Commission: One of the two main legislative bodies of the European Union; the President of the European Union Commission visited India for the event
New Delhi: The location of the India-EU Business Forum where the Prime Minister's remarks were delivered.
Prime Minister's Office
English translation of PM’s remarks during India-
EU Business Forum at Bharat Mandapam, New
Delhi
प्रव तथ: 27 JAN 2026 8:05PM by PIB Delhi
Your Excellency,
Madam President, business leaders of India and the European Union, my greetings to all of you.
I am very happy to participate in the India-European Union Business Forum. This visit of the Presidents of
the European Union Council and Commission to India is no ordinary diplomatic tour; it is the sounding of
the bugle for a new era in India-European Union relations. For the first time, the participation of European
Union leaders as Chief Guests in India's Republic Day, the conclusion of the largest FTA in India’s history
between India and the European Union, and today, the organization of the India-European Union Business
Forum on such a large scale with so many CEOs - all these achievements are symbols of the
unprecedented alignment happening between the world's two largest democratic powers.
Friends,
This alignment is no accident; as market economies, we have shared values. We have shared priorities
toward global stability, and as open societies, there is also a natural connection between our people. On
this strong foundation, we are taking our partnership to new heights. We are establishing it as one of the
world's most influential partnerships, and the results are clearly visible to us. In the last 10 years, our trade
has doubled, reaching 180 billion euros. More than 6,000 European companies are working in India. There
is more than 120 billion euros of investment from the European Union into India. 1,500 Indian companies
are present in the European Union, and Indian investment there has reached nearly 40 billion euros. Today,
there is deep cooperation between Indian and European companies in every field - R&D, manufacturing,
and services. And business leaders like you are both the doers and the beneficiaries of this.
Friends,
Now is the time to make this partnership a ‘Whole of the Society Partnership.’ With this very thought, we
have today completed a comprehensive FTA. Through this, India's labor-intensive products will get easy
access to the European Union market. This specifically includes textiles, gems and jewelry, auto parts, and
engineering goods. New opportunities will be created in fruits, vegetables, processed food, and marine
products. Its direct benefit will go to our farmers, our fishermen; our service sector will also benefit from
it. Especially IT, education, traditional medicine, and business services will be benefited.
Friends,
Today, there is great turmoil in global business. Every company is looking at its market strategy and
partnership afresh. At such a time, this FTA is a clear and positive message for the business world. This is
a clear invitation for the business communities of both sides to build a capable, reliable, and future-oriented partnership. I have full confidence that all of you will take full advantage of the opportunities of
this FTA.
Friends,
The business partnership of India and the European Union can also benefit from several priorities. In this
context, I will talk about three priorities. First - today in the world, trade, technology, and critical minerals
are being weaponized. We need to work together to de-risk our dependencies. Can our business
community together reduce external dependence in EVs, Batteries, Chips, and APIs? Can we build a
shared alternative of reliable supply chains? Second - the focus of both India and the European Union has
been on defense industries and frontier technology. I urge you to increase partnership in sectors like
defense, space, telecom, and AI. Third - a clean and sustainable future is a priority for both. From Green
Hydrogen to solar energy and smart grids, we should increase joint research and investment in every field.
Both industries should work together on Small Modular Reactors and sustainable mobility as well. Along
with this, solutions should be developed together in water management, circular economy, and sustainable
agriculture in every field.
Friends,
After today's historic decisions, a special responsibility is now on all of you. Now the next step has to be
taken by the business community, The ball is in your court. Only through your mutual cooperation will our
partnership gain trust, reach, and scale. Through your efforts, we will be able to achieve shared prosperity.
Let us join our respective capabilities and become a double engine of growth for the whole world.
Thank you very much.
****
MJPS/VJ
(रलीज़ आईडी: 2219315) आगंतुक पटल : 304
इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Gujarati