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January 28, 2026

EU Deal Reflects Modi's Trade Policy Pivot

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India has signed a landmark trade deal with the EU to hedge against US trade frictions and is accelerating domestic reforms to spur growth.

Key Takeaways

  • 1.India has signed a free trade deal with the EU to diversify trade risks as negotiations with the US remain stalled over agricultural and energy disputes.
  • 2.The government is rolling back non-tariff barriers, specifically Quality Control Orders (QCOs), which were found to hurt manufacturing and disrupt supply chains.
  • 3.India is pivoting away from Russian oil, with purchases reaching a two-year low in December 2025.

Table of Contents

  • India - Chart Story
  • EU DEAL REFLECTS MODI'S TRADE POLICY PIVOT
  • Disclaimer

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