Prime Minister Narendra Modi on Thursday addressed the media ahead of the Budget Session of Parliament, placing strong emphasis on the recently concluded India–European Union Free Trade Agreement (FTA). Describing the pact as a reflection of an ambitious and aspirational India, Modi said it reinforces the country’s growing confidence and strengthens its position in the global economic order.
The Prime Minister termed the agreement a major step towards India’s long-term development goals, noting that it opens fresh avenues for trade, investment, and cooperation between India and the European Union. According to him, the FTA signals India’s readiness to play a larger role in international markets at a time when global economic dynamics are rapidly shifting.
Calling upon Indian manufacturers to make the most of the agreement, Modi urged domestic industries to scale up production, improve competitiveness, and tap new export markets. He said the FTA offers an opportunity for Indian businesses to integrate more closely with global value chains and align themselves with international standards.
Referring to President Draupadi Murmu’s recent address to the joint sitting of Parliament, the Prime Minister said her speech captured the spirit of a ‘Viksit Bharat’ and echoed the aspirations of 140 crore Indians, particularly the country’s youth. He described the address as both inspiring and reflective of India’s development journey in recent years.
“The address highlighted how far India has progressed and the confidence with which the nation is moving forward,” Modi said, adding that such messages help set a positive tone for parliamentary discussions and public discourse.
The Prime Minister also noted that the current quarter has begun on an encouraging note, with India emerging as a source of optimism on the global stage. He attributed this to sustained reforms, policy stability, and India’s increasing relevance in global economic affairs.
Speaking on the broader significance of the trade pact, Modi said, “The India–EU Free Trade Agreement is for an ambitious India, for aspirational youth, and for Aatmanirbhar Bharat. It reflects how bright the future directions are.” He stressed that the agreement aligns with the government’s vision of self-reliance while remaining open to global engagement.
Expressing confidence in India’s manufacturing sector, Modi said the government expects industries to expand their footprint, strengthen capacities, and generate employment by leveraging the opportunities created by the FTA. Over time, he added, this would contribute positively to economic growth and job creation.
The Prime Minister’s remarks underline India’s push for deeper engagement with global economic partners and a proactive approach to international trade. The India–EU FTA, he said, is expected to act as a catalyst in enhancing India’s role in global commerce and strengthening long-term economic partnerships.