what are the advantages of good trade link between India and Europe
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Answer:
The EU is India's largest trading partner, accounting for €80 billion worth of trade in goods in 2019 or 11.1% of total Indian trade, on par with the USA and ahead of China (10.7%).
The EU is the second-largest destination for Indian exports (over 14% of the total) after the USA.
India is the EU’s 10th largest trading partner, accounting for 1.9% of EU total trade in goods in 2019, well behind the USA (15.2%), China (13.8%) and the UK (12.6%).
Trade in goods between the EU and India increased by 72% in the last decade.
Trade in services between the EU and India increased rapidly from €22.3 billion in 2015 to €29.6 billion in 2018.
The EU's share in foreign investment inflows to India more than doubled from 8% to 18% in the last decade, making the EU the first foreign investor in India.
EU foreign direct investment stocks in India amounted to €68 billion in 2018, which is significant but way below EU foreign investment stocks in China (€175 billion) or Brazil (€312 billion).
Some 6,000 European companies are present in India, providing directly 1.7 million jobs and indirectly 5 million jobs in a broad range of sectors.
Indian companies invested over €50 billion in Europe since 2000.