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PM Modi-led FTA strategy opens access to $60 trillion markets: Piyush Goyal
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"Here’s why India is signing multiple Free Trade Agreements with major economies,” Goyal said in the post, adding that the agreements were providing access to some of the world’s largest markets.
It further noted that the trade agreements also safeguard sensitive sectors, including dairy and agriculture, while creating opportunities for investment inflows.
India has been actively pursuing trade agreements with key economies to enhance market access for domestic exporters and integrate Indian businesses with global supply chains.
The government has been highlighting FTAs as a key component of its strategy to strengthen exports, attract foreign investment and expand India’s manufacturing capabilities.
The agreements reflect the government’s vision of positioning India as a major player in global trade and transforming the country into an export-driven economy, Goyal said.