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Auto, marine exports to EU surge 25 pc ahead of FTA rollout

Feb 23, 2026

India’s vehicle and marine exports to the European Union (EU) recorded growth exceeding 25% during April-December 2025-26, building momentum ahead of the India-EU Free Trade Agreement (FTA) implementation. Vehicle exports surged over 50% to a value of $2.2 billion, raising the EU’s share in India’s total auto exports to 11.6% from 9.8% a year earlier. Auto component shipments rose 28.1% to $725 million, while marine exports climbed 26.5% to $982 million. Cereal exports spiked 87% to $339 million, while gums and resins increased 20.9% to $173 million. However, overall exports to the EU declined 3.92% to $55.1 billion, weighed down by a 23.3% fall in petroleum products and a 46.2% drop in telecom instruments. Under the FTA, 90.7% of India’s exports will see immediate duty elimination upon ratification, significantly boosting agri and labour-intensive sectors, as per a report. 

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