In a rousing speech at the India-EU Business Forum in New Delhi’s Bharat Mandapam, Prime Minister Narendra Modi proclaimed the dawn of a transformative phase in bilateral ties. ‘This is the conch shell’s resounding call for a new era,’ he said, pointing to landmark developments.
EU leaders’ participation as Republic Day chief guests marks a first, alongside India’s biggest-ever FTA with the bloc and this high-level CEO conclave. These signal a profound convergence between two democratic giants, rooted in common principles and open societies.
Trade has surged to 180 billion euros in ten years, with thousands of firms from both sides deeply embedded. As global markets reel, the FTA offers stability and opportunity, Modi noted, confident businesses will seize it.
Modi spotlighted priorities aligning both economies. Tackle weaponized dependencies in critical sectors by fostering self-reliance in electric vehicles, semiconductors, and pharmaceuticals via reliable supply chains.
Ramp up collaborations in defense industries, emerging tech like AI and telecom, and space. For sustainability, invest jointly in green hydrogen, solar, grids, nuclear innovations, eco-mobility, alongside water, circular economies, and green farming.
The message is clear: India and EU are building a powerhouse alliance, turning challenges into shared triumphs for a resilient global order.