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flag India and the EU finalized a landmark trade deal in January 2026, slashing tariffs on Indian pharma and medical exports to boost access and manufacturing.

flag In January 2026, India and the EU finalized a landmark Free Trade Agreement after over two decades of talks, granting Indian pharma and medical device makers near-zero tariffs on key exports to the EU’s $572.3 billion healthcare market. flag The deal boosts access for generics, biosimilars, APIs, and medical devices, supports manufacturing growth in states like Gujarat and Karnataka, and enables AYUSH practitioners to operate in the EU under Indian qualifications. flag It strengthens supply chain resilience, promotes MSMEs, and enhances regulatory cooperation, marking a major boost for India’s global health sector competitiveness.

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