PM Modi Addresses India-EU Business Forum in New Delhi
ECONOMY & POLICY

PM Modi Addresses India-EU Business Forum in New Delhi

Prime Minister Shri Narendra Modi recently addressed the India–European Union Business Forum at Bharat Mandapam, New Delhi, describing the current phase as a new era of alignment in India-EU relations. He noted that the presence of EU leaders as Chief Guests at India’s Republic Day and the conclusion of the largest Free Trade Agreement in India’s history reflect unprecedented strategic convergence between the two democratic partners.

Highlighting economic ties, the Prime Minister said bilateral trade has doubled over the past decade to 180 billion euros, with EU investments in India exceeding 120 billion euros and over 6,000 European companies operating in the country. Indian investments in the EU have reached nearly 40 billion euros, with around 1,500 Indian companies present across the region.

The Prime Minister emphasised that the comprehensive FTA will improve market access for India’s labour-intensive products, including textiles, gems and jewellery, auto components and engineering goods, while creating new opportunities for agri, marine and services sectors. He called for a whole-of-society partnership and urged businesses on both sides to deepen collaboration in trusted supply chains, defence, frontier technologies, clean energy and sustainable infrastructure, positioning India and the EU as a double engine of global growth.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Prime Minister Shri Narendra Modi recently addressed the India–European Union Business Forum at Bharat Mandapam, New Delhi, describing the current phase as a new era of alignment in India-EU relations. He noted that the presence of EU leaders as Chief Guests at India’s Republic Day and the conclusion of the largest Free Trade Agreement in India’s history reflect unprecedented strategic convergence between the two democratic partners. Highlighting economic ties, the Prime Minister said bilateral trade has doubled over the past decade to 180 billion euros, with EU investments in India exceeding 120 billion euros and over 6,000 European companies operating in the country. Indian investments in the EU have reached nearly 40 billion euros, with around 1,500 Indian companies present across the region. The Prime Minister emphasised that the comprehensive FTA will improve market access for India’s labour-intensive products, including textiles, gems and jewellery, auto components and engineering goods, while creating new opportunities for agri, marine and services sectors. He called for a whole-of-society partnership and urged businesses on both sides to deepen collaboration in trusted supply chains, defence, frontier technologies, clean energy and sustainable infrastructure, positioning India and the EU as a double engine of global growth.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement