The free trade agreement would make it easier for Indian IT workers, engineers, and managers to live and work in the EU in return for greater access for European companies to India's enormous domestic market.
Under the free trade agreement, a skilled Indian worker would be allowed to work in any EU country under contract. In return, India would reduce tariffs on European products and lift some restrictions on bidding on certain public projects.
The EU also wants India to make the issuance of Indian visas to EU citizens, business professionals, and politicians easier. This would include multiple entry visas with a minimum one year duration.
A recent study found that the free trade agreement would result in Europe's economy growing by 4.5 billion euros a year.