On January 27, 2026, India and the European Union concluded negotiations for a historic Free Trade Agreement (FTA), dubbed the "Mother of All Deals," which creates a free trade zone of 2 billion people representing 25% of global GDP and slashes tariffs on over 90% of traded goodsOver $250 billion to $300 billion+ in AI infrastructure, data centres, and computing capacity has been committed or announced by both domestic and foreign firms, as reported during the 2026 summitIndia formally joined the Pax Silica initiative on February 20, 2026. A coalition designed to build secure and resilient supply chains for critical minerals and semiconductors
