NEW DELHI: Three economies developed-The United States, the European Union and the United Kingdom-aim to establish a reliable supply chain in India as a corollary to their trade agreements offered with New Delhi, said on Monday on Monday, adding that the addition was discussed during the recent visits of Indian officials in the United States and Europe.
A mutually beneficial and profitable collaboration in several manufacturing sectors is possible under the investment chapter of the free trade agreements (ALF) proposed, they said, asking for anonymity. The ALE partners can take advantage of the other forces to build specific supply chains to the sector and become competitive on international markets, they said, adding that a free trade agreement between India and the United States would give immense confidence to Apple in the manufacture of India as a manufacturing base. There are already reports according to which Apple plans to obtain all American iPhones in India in two years.
“Many multinational companies in Europe are also planning to establish similar supply chains in India for their manufacturing companies. For them, India is competitive in the costs of the workforce, the resources and the law of law required.
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The Minister of Commerce, Piyush Goyal, is visiting a week in London, Brussels and Oslo to strengthen trade relations and investment with individual countries and helps in the early resolution of questions related to the United Kingdom and EU FTA. “Arrived in London for two days of engaging discussions aimed at strengthening bilateral trade and investment. In my first commitment, I kept a productive meeting with the British Secretary of State for Affairs and Trade @jreynoldsmp to advance the negotiations of the free trade agreements, strengthening our commitment to deepen the economic ties of India-Uk, “said the minister in a position on X.
Last week, the Secretary of Commerce, Sunil Barthwal, visited the Netherlands and the Republic of Croatia, both members of the EU. On April 22 to 23, he held bilateral discussions with the Croatian State Secretaries for Trade and the External Economy to advance trade and investment relations and promote sectoral collaborations. Their discussions were also focused on the continuation of EU-India FTA negotiations.
“The meeting took place a few days after the visit of the president of the EU and the 27 commissioners in India. It was the first visit to the college of commissioners outside the European continent since the start of their new mandate and also the first visit of this type in the history of the bilateral links of the EU-EU,” said a second person.
In addition to officials, Barthwal met with industry representatives in the Netherlands last week. There he also met the major asml semiconductor major. “The CS (Secretary of Commerce) had productive discussions with the CEO Mr. Christophe Fouquet, and discussed the deepening of cooperation in the semiconductor industry. This commitment underlines the commitment of India to promote innovation and strategic partnerships in high-tech industries, ”said the person quoted above.
A similar response was received by the Indian negotiation team that went to Washington last week under the direction of chief negotiator Rajesh Agrawal, the person said. “The meeting has been positive because the two have complementary forces that can help growth in bilateral trade and form a robust supply chain. For example, India can be a center to provide APIs (active pharmaceutical ingredients) for molecules developed by the United States,” he said.
The three ALE negotiations involve constructive deliberations and quickly progress in the right direction. They are likely to be finalized by the end of this year, the people mentioned in the first place said. “In all likelihood, the ALE with the United States should be the first, followed by the United Kingdom and then by the EU, because a consensus is difficult in the European Union because it has 27 members,” said the second person.
India simultaneously negotiates distinct ALE with the United Kingdom, the EU and the United States (officially known as a bilateral or BTA trade agreement). India and talks in the United Kingdom of the ALE began on January 13, 2022. The agreement was delayed due to disputed problems and political changes in London. Now, he has been progressing quickly since the 14th round of talks that resumed in February 2025. India and the EU resumed their ALE negotiations in June 2022 after a difference of nine years.
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