12 सालों बाद भारत ने कोरिया और जापान के मार्किट को भेदा | India Take Over Korean and Japanese Co.

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The proposed India–EU Free Trade Agreement (FTA) is expected to play a transformative role in strengthening India’s chemical exports to Europe, with industry leaders projecting that exports could double over the next four to five years. According to Chemexcil Chairman Satish Wagh, the agreement will significantly improve market access for Indian chemical manufacturers in the European Union, one of the world’s most valuable and regulated chemical markets.

One of the key advantages of the India–EU FTA is the planned reduction or elimination of import tariffs on a wide range of chemical products. At present, Indian chemical exporters face EU duties ranging from 6% to over 12% on various categories, including specialty chemicals and cosmetic ingredients. Removal of these tariffs would enhance price competitiveness and create new opportunities for exporters to expand their presence across Europe. This is expected to benefit segments such as specialty chemicals, agrochemicals, chemical intermediates, and performance chemicals, which are already core strengths of India’s chemical industry.

The agreement also comes at a time when European buyers are actively seeking diversified and resilient supply chains. This shift in procurement strategies has opened new avenues for reliable suppliers with strong manufacturing capabilities. India’s growing production capacity, skilled workforce, and improving industrial infrastructure position it well to meet this demand and increase its share in the European chemical market.

Beyond tariff benefits, regulatory compliance will be a critical factor in determining export growth. Strict adherence to EU REACH regulations is essential for Indian exporters looking to scale their operations in Europe. Companies that have already invested in compliance systems, documentation, and product registrations are expected to gain a competitive advantage, while others may need targeted support to meet regulatory requirements.

In addition, Environmental, Social, and Governance (ESG) standards are becoming increasingly important for European buyers. Sustainability, environmental responsibility, and transparent supply chains are now key purchasing criteria. Indian chemical exporters that align their operations with ESG expectations will be better positioned to build long-term partnerships and secure consistent demand.

Overall, the India–EU FTA is expected to act as a major catalyst for India’s chemical export growth, strengthening bilateral trade relations, improving global competitiveness, and supporting India’s ambition to become a leading supplier of high-value chemicals. With a strategic focus on compliance, quality, and sustainability, Indian chemical exports to Europe are set for sustained and long-term expansion.

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