Claim
Last year, trade between India and the European Union amounted to ₹115,000 crore.
“भारत और यूरोपीय यूनियन के बीच बीते साल 115000 करोड़ का व्यापार हुआ है।”▶ Watch source segment
Rationale
Official Indian commerce ministry and European Commission figures put India-EU goods trade for the most recent year (FY2024-25 / CY2024) at about $136.5 billion, equal to roughly ₹11.5 lakh crore (₹11,50,000 crore). The claimed ₹115,000 crore (about $13.5 billion) understates actual trade by a factor of ten — the anchor apparently conflated ₹11.5 lakh crore with ₹1.15 lakh crore. The stated figure matches no published measure of India-EU trade.
Evidence
- https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/countries-and-regions/india_en European Commission data: EU-India trade in goods was worth about €120 billion in 2024, with the EU as India's largest/third-largest trading partner — roughly ₹11 lakh crore, not ₹1.15 lakh crore. ✓ reachable · archived
- https://thecorner.eu/news-the-world/india-eu-trade-worth-136-5-billion-in-2025-compared-to-132-billion-india-us-and-128-billion-india-china/124012/ Citing India's commerce ministry: India-EU goods trade in FY2024-25 was $136.5 billion, i.e. about ₹11.5 lakh crore (₹11,50,000 crore). ✓ reachable · archived
- https://www.consilium.europa.eu/en/infographics/eu-india-trade-facts-and-figures/ EU Council infographic confirming EU-India goods trade of ~€120 billion plus ~€60 billion in services for 2024. ✗ unreachable · HTTP 403