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Building Access for “Waste-Water Management” Companies
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Open Trade Benefits
Augmented trade between EU-India, a win-win situation for all stakeholders
Open Trade between India
and EU to create benefits,
both economically and
socially
The relationship between EU and India has substantially
changed in recent years, from that of aid donor and recipient, to
that of partnership. This has created opportunities for
mutual benefit. India and EU need to work closely and ensure
that all necessary steps be taken to facilitate open trade between
the two parties. The two will benefit immensely from an increase
in bilateral trade both economically and socially. The up-coming
EU-India FTA talks provide an invaluable opportunity to set the
stage for greater commitment from both parties for the next
decade. It provides a potential for ~30% increase in two-way flow
of bilateral FDI. The open trade will seek to realise gains for all
stakeholders’ i.e. political establishments, economy, and most
importantly the common people.
Environmental Invest, Business standard, Europa
EU’s highly sophisticated solutions will find a growing market
opportunity in the Indian economy. On the other hand, India will
benefit from access to state-of-the-art technologies thereby
enabling exponential growth and development. The potential gains
are much higher and can lead to trade induced productivity
improvements driven by technological changes, spillovers between
firms, niche specialisation and economies of scale.
India-EU Synergies:
The market analysis shows complementary trends in economic
developments between EU and India. The two complement each
other in their diversified economic structures in terms of output,
capital stock, human resources and trade in goods and services.
EU's exports of goods to India are predominantly intermediary
products for further manufacturing whilst India's exports to the EU
are in both primary products and finished consumer goods.
Increased EU-India Trade will lead to huge synergistic gains for
the two parties. EU is India’s largest economic partner with trade
in goods worth about € 46B and in services roughly € 10B. India’s
main exports to the EU include textiles, chemicals and machinery,
while imports include machinery and transport equipment.
Clean Technologies sector has been making huge strides and is
thereby an important component in the overall trade activities. India is
a huge market for advanced wastewater technology products and
provides ample growth opportunities for European companies.
Experts estimate India’s EGS sector to be in the range of € 4.1B - €
7.8B with an anticipated annual growth rate of ~10-12%.
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