📷 Image: Wikimedia Commons / Ministry of Commerce and Industry (India)
International
India to Gain Preferential Access to 76% of Global GDP via FTAs, Says Commerce Minister
✍️ The Economic Times
🗓 30 Oct 2026, 12:16 PM
👁 11
Commerce Minister Piyush Goyal announced that India will obtain preferential access to 76% of the world’s GDP through free trade agreements.
Commerce Minister Piyush Goyal stated at a press briefing that India will gain preferential access to 76% of global GDP through its network of free trade agreements.
The figure reflects the cumulative market share of economies with which India has signed or is negotiating FTAs, covering a wide range of sectors from manufacturing to services.
This development is expected to enhance India’s export competitiveness, attract foreign investment, and provide Indian businesses with broader market opportunities.
The government has been actively pursuing FTAs with major economies, and the announcement underscores its commitment to deepening trade ties and integrating India more fully into the global economy.
The figure reflects the cumulative market share of economies with which India has signed or is negotiating FTAs, covering a wide range of sectors from manufacturing to services.
This development is expected to enhance India’s export competitiveness, attract foreign investment, and provide Indian businesses with broader market opportunities.
The government has been actively pursuing FTAs with major economies, and the announcement underscores its commitment to deepening trade ties and integrating India more fully into the global economy.