| 

India-EU negotiating FTA; Europe 2nd largest market for garment export

India and EU could conduct three more rounds of talks. India has already signed an FTA with Australia and is currently negotiating an agreement with the UK. 

India exported apparel worth $**.*** billion in the first ten months of ****, out of which the shipments to Europe amounted to $*.*** billion or **.** per cent of the total. Europe is the second biggest market for Indian apparel after North America. India’s apparel exports to North America stood at $*.*** billion, which was **.** per cent of the total, according to Fibre2Fashion’s market insight tool TexPro.