At India Energy Week 2026, Prime Minister Narendra Modi highlighted the historic India-EU Free Trade Agreement, calling it the “Mother of All Deals.” The FTA is expected to boost trade, investment, manufacturing, and employment, strengthening India’s role in the global economy.
PM Modi Highlights India’s Global Trade Strength at Energy Week 2026
New Delhi: Prime Minister Narendra Modi inaugurated India Energy Week 2026 via video conferencing. Delegates from 125 countries participated in the event held in Goa. PM Modi stated that India Energy Week has, in a very short time, become a global platform that provides opportunities for dialogue and action.
PM Modi stated that India has become a hub of rapidly growing opportunities in the energy sector. The country's economy is among the fastest-growing in the world. Demand for energy products in India is continuously increasing, and the country is capable of meeting global demand. He highlighted India's export potential, stating that India is today among the top five exporters of petroleum products and ships goods to over 150 countries.
The Prime Minister described the free trade agreement between India and the European Union as the "mother of all deals," saying it will bring huge opportunities for trade, investment, manufacturing, and employment. He said that this agreement represents approximately 25 percent of global GDP and one-third of global trade. PM Modi also cited this as an example of synergy between two major economies.
PM Modi stated that this agreement will strengthen India's manufacturing sector. People working in sectors such as textiles, leather, footwear, gems, and jewelry will benefit. Furthermore, the service sector and investor confidence will also be strengthened. This agreement also demonstrates a shared commitment to democracy and the rule of law.
EU refused to impose tariffs on India over Russian oil to secure ‘Big Trade Deal’, claims US
PM Modi emphasized that the India-EU trade agreement will strengthen the global supply chain. It will also benefit the UK and the Asia-Pacific Trade Agreement (APTA). This agreement will further strengthen India's role in global trade and investment.
Prime Minister Modi congratulated all delegates and citizens for this historic agreement and the organization of India Energy Week. He stated that this platform will open up new opportunities for partnership and investment and position India as a leader in energy, trade, and the global economy.
