New Delhi, July 15 -- The proposed India-European Union Free Trade Agreement (FTA) could enable India to redirect exports worth an estimated USD 10-11 billion from the United States to the European market, according to a report by Rubix Data Science.

The report said, "Export diversification efforts could also help India redirect a portion of exports currently bound for the United States, with an estimated USD10-11billion potential shift into the EU market," ANI reported.

The shift is expected to reduce dependence on a single export destination and strengthen India's trade resilience amid evolving global dynamics.

Boost to Competitiveness and Market Access

The report noted that the FTA could enhance India's global competitiveness by ea...