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analysisIBEFWednesday, 22 July 2026

Government Expands FTAs and Export Initiatives to Diversify Global Markets

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
The Government is expanding Free Trade Agreements and strengthening export promotion initiatives, supported by a US$ 2.67 billion Export Promotion Mission, to diversify export markets and enhance India's global trade competitiveness.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedWednesday, 22 July 2026
Affected Population63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
Health budget: Rs 90,958 crore (2025-26)
Key Authorities
Ministry of Commerce & IndustryDPIITDGFTMinistry of Health & Family WelfareICMR
Key Stakeholders
ExportersImportersMSMEsPatientsHealthcare WorkersHospitals & Clinics
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Trade & Commerce121 tracked→Health126 tracked→Digital & Technology1199 tracked→
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