India is one of the world’s largest economies, in the world, in terms of purchasing power parity. The country is the fastest-growing large economy, with annual GDP growth rates of around 7%, and on its way to reach the $7.8 trillion economy mark by 2030. It is an important player in global economic governance. In 2017, the EU was India’s first trading partner, while India was the EU’s 10th largest trading partner.

For India & Europe countries, there will be even greater opportunities if all 27 countries join in India free trade to contribute sustainable development. This would create one of largest single markets – $1 trillion in spending and investment – offering great opportunities for both trade partner.

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