Topic
ftas
Trade Make use of FTAs, other schemes to boost shipments, government tells businesses
The Indian government has asked businesses to fully utilize free trade agreements and other schemes under the Export Promotion Mission. Commerce minister Piyush Goyal met export promotion councils to review progress towards export targets, with a focus on the upcoming India-UK CEPA and the India-EU deal. Concerns remain over capacity constraints in the textile sector and over-reliance on interest subsidy.
Trade FTAs, Agri-Start-ups and FPOs to Drive Next Phase of Farm Export Growth: APEDA Chief
APEDA Chairman Abhishek Dev said the authority is leveraging recent FTAs with the UK and EU, its agri-start-up programme Bharti, and farmer producer organisations (FPOs) to drive the next phase of agricultural export growth. Dev described the FTAs as potential 'game changers' that will level the playing field for Indian processed food exporters. APEDA aims to nearly double its FPO membership to 3,000 and launch a dedicated FPO export promotion programme within two to three months.
Trade India's FTAs Poised to Catalyze $1 Trillion Export Goal: Report
A report by Yes Securities says India's new generation of Free Trade Agreements, combined with PLI schemes and China+1 diversification, can help achieve US$1 trillion in merchandise exports by 2030. The agreements mark a shift from protectionism to global integration, with electronics, pharmaceuticals, and engineering goods as key beneficiaries. Services exports are also expected to play a parallel role, targeting US$2 trillion total exports.
Trade India's Commerce Ministry Launches FTA Workshops Nationwide
India's Commerce Ministry will conduct workshops nationwide to educate businesses on Free Trade Agreements (FTAs). The initiative aims to maximize the benefits of five operational FTAs, including a new pact with Oman effective June 1.