India has significantly grown its free trade agreements network, now encompassing nine FTAs across 38 countries, as per an official statement from the Ministry of Commerce and Industry. These agreements, including the India–Mauritius, India–UAE, India–Australia, EFTA TEPA, India–UK CETA, India–Oman CEPA, India–New Zealand FTA, India–EU FTA, and a framework with the United States, have been established with the principles of openness, balance, and the national priority of Atmanirbhar Bharat.
The agreements aim to benefit various sectors, providing opportunities for farmers to access developed markets, supporting women-led MSMEs in exporting garments, leather, and handicrafts, and offering mobility pathways for talent like young Indians, students, IT professionals, chefs, and yoga instructors. They also focus on organic products, AYUSH wellness systems, digital services, and catalyzing investments, while safeguarding the interests of sensitive sectors like dairy, agriculture, and domestic industry.
India’s negotiation approach has been robust, ensuring market access protection and sectoral safeguards. Each agreement is tailored to leverage India’s market size and economic potential, signaling a transformative era in trade relations and emphasizing the country’s unique strengths in global commerce.
