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India and the EU advanced talks on a trade deal, with India pushing for balanced, phased concessions to protect its MSMEs and PLI gains.
India’s proposed free trade agreement with the EU includes ongoing talks on auto components, services, and sustainability, with Assocham’s Nirmal Kumar Minda urging caution against blanket tariff cuts to protect domestic MSMEs.
He stressed that any concessions must be reciprocal, phased, and tied to tangible benefits like technology access and market expansion, warning that EU components’ scale, automation, and subsidies could undercut India’s local manufacturing gains, including those under the PLI scheme.
A high-level meeting concluded on December 9, 2025, as India continues negotiations after decades of talks, having already signed trade deals with the UAE, Australia, EFTA, and the UK.
India y la UE avanzaron en conversaciones sobre un acuerdo comercial, con India impulsando concesiones equilibradas y graduales para proteger sus MIPYMES y las ganancias del PLI.