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Growing economic relations between the EU and India

India is among the fastest-growing major economies in the world and is a major player in global economic affairs.

India is an important trade and investment partner for the EU. It is a large and dynamic market with an annual GDP growth rate of around 6% (pre-Covid-19). In 2020, India was the sixth-largest economy in the world with a gross domestic product (GDP) of over USD 2.6 trillion.