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For India, Europe is the second-largest trading partner. In 2024, total trade between the two stood at around $136 billion
By eliminating 9,425 tariff lines and improving market access, India-EU FTA will expand opportunities for sectors such as textiles, apparel, leather, gems and jewellery, etc
Imported beer, wine and spirits from the EU will become much cheaper in India after the FTA, with duties dropping sharply and brands like Heineken and Absolut becoming cheaper
India-EU FTA establishes a powerhouse economic corridor, integrating India with a $20-trillion market across 27 EU nations
The revenue from operation increased 3.85% to ₹8,819.72 crore in the reporting quarter as against ₹8,521.51 crore in the year ago period
India secures a major trade deal with the European Union, gaining access to 450 million consumers, but an EU carbon tax on exports like steel and cement dampens expected benefits
Industry leaders say the India-EU free trade agreement could unlock a major export opportunity for Indian manufacturing by giving zero-duty access to Europe’s $3-trillion import market, while boosting MSMEs, auto components and capital goods through deeper supply-chain integration and technology partnerships.
Metro Brands Ltd posted a net profit of ₹128.3 crore for Q3FY26, up 35.6% YoY, on revenue growth of 15.4% to ₹811 crore, supported by festive/wedding season demand and lower GST on footwear under ₹2,500. EBITDA rose 18.1% to ₹265.2 crore, with margin at 32.7%. E-commerce and omni-channel sales grew 24% in the quarter, contributing 12% of revenue.
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