India-EU FTA opens $572 bn healthcare market for Indian exporters
The India-EU trade deal opened a $572 billion healthcare market for Indian exporters and professionals, the Commerce Ministry said. It eliminates tariffs of up to 6.7% across 99.1% of trade lines, boosting exports of medical devices and instruments. Additionally, the deal allows AYUSH practitioners to work with Indian credentials in EU states where traditional medical practices are unregulated.