Claim
India has signed a free trade deal with the European Union, dubbed the 'mother of all deals', and India-EU trade last year was worth 1,15,000 crore rupees.
“भारत ने यूरोपीय यूनियन के साथ फ्री ट्रेड डील साइन कर ली है... मदर ऑफ ऑल डील... भारत और यूरोपीय यूनियन के बीच बीते साल 115000 करोड़ का व्यापार हुआ है।”▶ Watch source segment
Rationale
The core claim is broadly correct: India and the EU concluded their FTA (announced 27 January 2026) and it was widely dubbed the 'mother of all deals' by leaders on both sides — though as of the 2 July 2026 broadcast it was concluded but not yet a formally signed/ratified treaty (ratification and entry into force expected ~2027). However, the accompanying trade statistic is materially wrong: India-EU bilateral goods trade in 2024-25 was about ₹11.5 lakh crore (≈USD 136 billion / €120+ billion), roughly ten times the ₹1,15,000 crore stated. The accurate headline paired with a figure understated by an order of magnitude makes the overall claim misleading.
Evidence
- https://en.wikipedia.org/wiki/India%E2%80%93European_Union_Free_Trade_Agreement India and the EU concluded/announced their comprehensive Free Trade Agreement on 27 January 2026 at the New Delhi summit; leaders (von der Leyen, Goyal) publicly called it the 'mother of all trade deals' — supporting the FTA and nickname portion of the claim. ✓ reachable · archived
- https://ec.europa.eu/commission/presscorner/detail/en/ip_26_184 European Commission announces the concluded landmark FTA; agreement still requires legal vetting, formal signing, Council approval, European Parliament consent and Indian ratification before entering into force (~2027), so it was not yet formally 'signed' as a ratified treaty on 2 July 2026. ✓ reachable · archived
- https://www.pib.gov.in/PressReleasePage.aspx?PRID=2219146®=3&lang=1 Indian government/PIB material on India-EU trade: bilateral merchandise trade in 2024-25 was about ₹11.5 lakh crore (USD ~136 billion), roughly ten times the ₹1,15,000 crore figure stated on air. ✓ reachable · archived
- https://www.consilium.europa.eu/en/infographics/eu-india-trade-facts-and-figures/ EU Council figures: EU-India goods trade exceeded €120 billion in 2024 (≈₹11-12 lakh crore), confirming the anchor's ₹1,15,000 crore figure understates actual trade by an order of magnitude. ✗ unreachable · HTTP 403