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Portugal Says IndiaEU Trade Deal Nears Finish as It Courts Deeper India Ties

Lisbon touts contractors, renewables expertise, a reopened New Delhi office to unlock projects and investment.

Overview

  • Portugal’s economy minister said the IndiaEU free trade pact is in the “last mile” and on track to take effect on January 1, 2027.
  • Portuguese companies are seeking roles as contractors on energy, electrical, waste management and wider infrastructure projects in India, with success pegged to local joint ventures.
  • Portugal reopened its trade and investment office in New Delhi to anchor a long-term push, calling it the start of a broader commercial drive.
  • Lisbon highlighted strengths in clean power and industry decarbonisation, noting about 80% of its electricity comes from renewables and that it invests across the battery value chain.
  • Officials said talks are underway for a direct IndiaPortugal flight, which they described as a potential game-changer for business travel and deal-making.