NEW DELHI : The European Union could shoulder much of India’s US-bound exports if a trade deal is finalised quickly, an analysis showed recently. In 2024, India exported $79.4 billion worth of goods to the US, almost matching the $77.5 billion shipped to the EU-27. Of this, nearly $67.2 billion—about 85 percent—could find room in the European market, given the bloc’s large and diversified import appetite.

While Europe offers India a large alternative market and a buffer against US tariff shocks, the gains would depend on . . .