Summary
The agreement will let both sides share technology and make more things at home.
Artificial intelligence will help factories become faster and cheaper. 🤖
Foreign companies will work together with Indian makers through joint projects.
Key Points
4 points1
Free trade agreement signed after 17 years.
2
Focus on technology sharing and local production.
3
Artificial intelligence to boost factory productivity.
4
Encouragement for foreign firms to partner with Indian businesses.
New Words to Learn
6 wordsfree trade agreement
A promise between countries to trade without extra taxes.
European Union
A group of many countries in Europe that work together.
technology sharing
Giving new ideas and machines to each other.
artificial intelligence
Smart computer programs that can help do jobs.
productivity
How much work can be done in a certain time.
joint venture
When two companies work together on a project.
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