# Austria sees India as Europe’s big growth opportunity, says envoy

2026-08-12T06:22:58+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

As India and the European Union finalise their long-awaited Free Trade Agreement, Austria’s ambassador to India, Dr Robert Zischg, describes the deal as transformative. He says tariff cuts, especially in automotive, machinery and wine, will open new markets. Even more important, he argues, is the removal of non-tariff barriers, red tape that slows trade. Zischg told Economic Times that Austrian winemakers already see India as an enormous potential market, with tariffs on wine expected to fall from 150% to 20-30%. A new Fast-Track Mechanism, launched after Chancellor Christian Stocker’s visit, is meant to resolve business obstacles. The embassy has already forwarded several company complaints to India’s Ministry of Commerce for faster resolution.

## Coverage

- government.economictimes.indiatimes.com <https://government.economictimes.indiatimes.com/news/policy/why-austria-sees-india-as-europes-big-growth-opportunity-ambassador-robert-zischg/133140220>

Tags: Austria, India-EU FTA, investment, Non-tariff barriers, Tariffs, trade
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