📷 Image: Wikimedia Commons / Narendra Modi
Business
India-EU Free Trade Deal to Fuel Startup Funding, Boost Creative Economy: PM Modi
✍️ News On AIR
🗓 08 Jul 2026, 02:01 AM
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Prime Minister Narendra Modi stated that the proposed free trade agreement between India and the European Union is expected to significantly enhance funding opportunities for Indian startups. The deal is also anticipated to provide a substantial boost to the country's creative economy.
Prime Minister Narendra Modi has highlighted the potential economic benefits of the ongoing India-European Union free trade negotiations. According to the Prime Minister, the finalization of this trade deal is poised to unlock greater investment flows into India's burgeoning startup ecosystem.
Modi emphasized that the agreement is not only projected to improve access to capital for new-age businesses but also expected to foster growth within India's creative sectors. This suggests a strategic focus on leveraging international trade to stimulate innovation and economic diversification.
The Prime Minister's remarks indicate that the free trade deal is viewed as a crucial instrument for bolstering both the technological and cultural industries of India through enhanced financial backing and market access.
Modi emphasized that the agreement is not only projected to improve access to capital for new-age businesses but also expected to foster growth within India's creative sectors. This suggests a strategic focus on leveraging international trade to stimulate innovation and economic diversification.
The Prime Minister's remarks indicate that the free trade deal is viewed as a crucial instrument for bolstering both the technological and cultural industries of India through enhanced financial backing and market access.