The announcement of the trade agreement between the European Union (EU) and India, sealed in January 2026, was received with the pomp reserved for major civilizational milestones. Nicknamed by Prime Minister Narendra Modi as the “mother of all agreements,” the pact outlines a free trade zone that brings together the world’s largest trading bloc and the planet’s most populous nation. Together, they represent 2 billion consumers and 25% of global GDP.