India’s recent Free Trade Agreements (FTAs) with major global economies are providing Indian businesses access to markets worth nearly US$ 60 trillion, strengthening the country’s export competitiveness and supporting its ambition to emerge as a global manufacturing and export hub,
India’s apparel exports to the European Union (EU) reached a record US$4.66 billion during FY2025-26, marking a significant milestone for the country’s textile and apparel industry. The achievement highlights India’s growing prominence as a preferred global sourcing destination, driven by its manufacturing capabilities, quality standards and increasing
India’s expanding network of Free Trade Agreements (FTAs) is delivering broader market access but also creating new challenges, including widening trade deficits, limited utilisation by exporters and increasing pressure on domestic policy-making, according to a recent report by the Global Trade Research Initiative (GTRI). The report notes that FTAs have become a














