Trade experts and industry stakeholders have called for stronger adoption and utilisation of Free Trade Agreements (FTAs) by Indian exporters to enhance the country’s export competitiveness and expand its presence in global markets.
Experts noted that while India has signed several bilateral and regional trade agreements with countries and economic blocs, many exporters—particularly small and medium enterprises—are not fully leveraging the tariff benefits and market access opportunities available under these arrangements. Limited awareness, complex compliance procedures, and documentation challenges have been cited as key reasons for low utilisation rates.
Industry representatives said improved use of FTAs could significantly reduce export costs for Indian businesses by enabling preferential or zero-duty access in partner markets. Sectors such as textiles, engineering goods, pharmaceuticals, agriculture, seafood, gems and jewellery, and automotive components are expected to benefit from more effective implementation of trade agreements.
The push for higher FTA utilisation comes as India continues negotiations and implementation efforts related to trade pacts with countries including the UAE, Australia, and members of the European Free Trade Association (EFTA), while also pursuing discussions with the UK and the European Union.
Experts have recommended stronger outreach programmes, digital support platforms, simplified certification procedures, and capacity-building initiatives to help exporters better understand rules of origin and compliance requirements under various FTAs.
They also emphasised the need for closer coordination between government agencies, export promotion councils, and industry bodies to ensure businesses can fully benefit from existing agreements and improve India’s export growth trajectory in an increasingly competitive global trade environment.