Business & Tech

India supplies about 37% of the active pharmaceutical ingredients used in the EU, more than any other country; China supplies about 24%.

IW Köln for Pro Generika, via Ärzteblatt

EU goods trade with India reached €118 billion. India is the EU’s ninth-largest trading partner in goods, with 2.3% of EU goods trade; for India, the EU accounts for 11.1% of its goods trade.

European Commission

The EU produces about 14% of world GDP at purchasing-power parity. Europe hosts about 5% of the world’s operational AI computing capacity, by Bruegel’s 2026 estimate.

World Bank, Bruegel

Negotiations on the EU–India free trade agreement concluded on 27 January 2026. The Commission sent its proposals for signature to the Council on 11 September; signature is reported for 16 December 2026 and entry into force is expected in early 2027. More on the trade agreement.

European Commission, The Hindu

ASML signed a memorandum of understanding with Tata Electronics to supply lithography equipment for the planned US$11 billion chip plant at Dholera, Gujarat.

AFP

The third EU–India Trade and Technology Council in Brussels agreed to explore a joint AI roadmap and to link the EU’s chip pilot lines with India’s design facilities. Formal talks on India joining Horizon Europe began the same month.

European Commission, Science|Business

India’s AM Green won the Asian lot of Germany’s H2Global tender: at least €585 million over ten years for green ammonia shipped from Kakinada, with first deliveries expected in 2029.

Energética India

EU importers of Indian steel and aluminium buy the first certificates under the EU’s carbon border adjustment mechanism (CBAM), for goods imported in 2026. The trade agreement gives India no exemption.

EY, Reuters