India’s Nine FTAs Cover 38 Countries

Recent data on India’s external trade performance highlights growth in exports and sectoral expansion across electronics, pharmaceuticals, petroleum products and defence. Government initiatives and export promotion mechanisms are being implemented to strengthen global trade competitiveness.

India Export Performance and Promotion Initiatives:

Dimension	Key Details
Global Market Access	Trade arrangements provide zero duty market access to nearly 70 % of global GDP.
Export Performance	Cumulative exports reached USD 720.76 billion during April to January 2025–26 with a year on year growth of 6.15 %.
Electronics Exports	Electronic goods form India’s 3rd largest export category and India provides the world’s second largest mobile phone manufacturing base.
Petroleum Product Exports	India provides the 7th largest exporter of refined petroleum products globally.
Pharmaceutical Industry	India provides the 3rd largest pharmaceutical producer by volume and the eleventh largest by value.
Automobile Sector	Automobile sector provides direct and indirect employment to more than 30 million people.
Textile Exports	India provides the 6th largest global export share in textiles.
Defence Exports	Defence exports reached ₹23,622 crore in FY25 and extend to more than 100 countries.
Export Promotion Mission	Export Promotion Mission operates with an outlay of ₹25,060 crore for the period FY26 to FY31 and provides support to MSMEs and first time exporters through Niryat Protsahan and Niryat Disha.
Logistics and Warehousing Support	FLOW and LIFT initiatives provide support for overseas warehousing and offset freight disadvantages in low export districts.
TRACE Initiative	TRACE initiative provides reimbursement for international testing inspection and certification requirements.
Production Linked Incentive Schemes	PLI schemes apply to sectors including automobiles bulk drugs and medical devices.
Technology and EV Manufacturing Initiatives	Initiatives include India Semiconductor Mission 2.0, Electronics Component Manufacturing Scheme with ₹40,000 crore outlay and PM E DRIVE scheme with ₹10,900 crore outlay.