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India negotiating FTAs with 8-9 more blocs, aims to cover 75% of global trade: Commerce and Industry Minister Mr. Piyush Goyal

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Summary

India is expanding its free trade agreement network, with negotiations underway with 8-9 additional country groups and nations, aiming to increase preferential market access and integrate India further into global value chains.

Key Facts

TypeAnalysis

SourceIndia Brand Equity Foundation

PublishedTuesday, 25 August 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

Key Authorities

Key Stakeholders

Government Context

NDA IIIBJP-led NDA

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Trade & Commerce145 tracked→

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