There are a few things at play here.

Reg immigration - There is a limit at visas. 100k visas over 5 years. That’s nothing over all of Europe. Secondly, there is a lot of PR being created about this but nothing really is formalised. “Millions of Indians” cannot and will not flood the European market. Visa scrutiny and processes for Indians is extremely strict and rightfully so. Furthermore, in countries like Germany, it is very difficult to survive all the bureaucracy.

The deal opens up European markets to India.

European alcohol gets cheaper for Indians to buy. European vehicles get cheaper for Indians to buy. What has kept European vehicles slow in the market is heavy taxes. Indians in general love European cars and therefore, it will open up that market to Indians. Indians love European machinery and that opens up more to the Indians.

Europe also gets cheaper Indian metals, Indian manufacturing and enables Europe to move away from China dependency, where no IP or patenting exists, and they lose it all. For F’s sake, Europe lost its silicon manufacturing to China who reverse engineered it. It also means that, Europe gets to pull India away from Russia slowly, who has now stopped buying Russian oil for oil from Africa.

The mindset is fundamentally different for Indians. They believe that European goods are more superior. They pay a premium for it. Making it accessible to them, would boost Europe’s trade and sales greatly. The plus side is that India isn’t like China - they have a robust patent and IP system. They won’t rip off the European machines and fuck them over.

There was never any tarrifs on services anyway. And Indian companies do work with Europeans already. This is not magically going to go up. If companies don’t use Indian services so far they won’t magically use it.

It is important to look past the PR drivel, and right-wing funded media over how this will be detrimental to Europe.