India may not sign FTAs, to opt for deeper ties with customs unions in Africa, say officials
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Summary
India’s cumulative investment in Africa has reached $80 billion, making it one of the major investors in the continent
Key Facts
Type Legislation
Source The Hindu - National
Published Sunday, 10 May 2026
Affected Population 63 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
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right