New Delhi, April 6 -- Europes economic outlook remains fragile amid rising global trade tensions and geopolitical risks, which could have spillover effects on Indias trade and competitiveness, according to a report by EY.
The EY European Economic Outlook (March 2026) highlighted that evolving trade policies, tariffs and geopolitical uncertainties are shaping the regions growth trajectory and influencing global trade flows.
The report noted that the recently announced EU-India Free Trade Agreement (FTA) is expected to have limited macroeconomic impact on Europe but could lead to meaningful sectoral shifts, reported ANI.
While sectors such as minerals may benefit from improved access to inputs, European clothing manufacturers could face...