This book offers a comprehensive analysis of the India-EU trade relationship. This data-driven study explores the historical, economic, and strategic dimensions of their trade ties, focusing on the potential benefits of a Free Trade Agreement (FTA) initiated in 2007 but yet to be finalized. Through quantitative methods like the SMART model, Revealed Comparative Advantage (RCA), and gravity model, the book evaluates trade flows, tariff and non-tariff measures, and services trade. It highlights opportunities for economic growth, market access, and sustainable development while addressing challenges like regulatory barriers and geopolitical complexities. Aimed at policymakers, academics, and practitioners, this book provides evidence-based insights and policy recommendations to strengthen India-EU trade relations, fostering a mutually beneficial partnership in a dynamic global economy.