The trade agreement is expected to be among the most comprehensive deals that India would sign, which could benefit India’s labour-intensive sectors, ranging from marine products, textiles, footwear and sports goods.

India and the European Union have agreed to a major trade deal after nearly two decades of on-and-off negotiations.

While the recently concluded India–European Union Free Trade Agreement (FTA) drew attention for its implications for automobiles, textiles .

The market leaders in beneficiary sectors are likely to get the maximum benefit from the privileged market access. One needs to estimate how much gains each company has in terms of revenues from this over the next 3-5 years.