The EU is already India's largest trading partner.
82% confidence
EconomyAsia
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The US was also a top contender for India's largest trading partner in 2024-25 with $131.84 billion according to Indian government data reported by The Hindu on February 20, 2025, slightly exceeding the EU figure.
The claim uses 2024 data when 2025 data was available (Indian fiscal year 2024-25 data published February 2025 shows the US ahead).
The difference between EU and US trade volumes is very small (approximately €120 billion / ~$130 billion for EU vs $131.84 billion for US), making them effectively tied depending on exchange rates and exact time periods measured.
The European Commission source cited is from the EU itself, which has an institutional interest in emphasizing the EU-India relationship.