Berlin, Oct. 23 -- Indian industries will need to improve product quality and meet European Union (EU) standards to fully benefit from the India-EU Free Trade Agreement (FTA), FICCI Secretary General Anant Swarup has said, highlighting opportunities for trade, investment and technology cooperation as businesses prepare for the agreement to take effect.

In an exclusive conversation with ANI, Swarup said the agreement could open up significant opportunities for industries on both sides and that the current period was important for companies to identify partners, explore investments and prepare for greater trade.

However, Swarup stressed that lower tariffs alone would not be enough for Indian companies to fully benefit from the agreement. ...