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flag India's services sector thrives on foreign investment, but manufacturing faces trade barriers despite ongoing global talks.

flag India’s services and manufacturing sectors hold significant potential for foreign investment, with computer services exports surging 30% since ChatGPT launched in 2022, outpacing overall services growth. flag However, manufacturing exports face barriers from limited trade agreements and high tariffs on intermediate goods. flag Ongoing trade talks with the UK, EU, Canada, Oman, IPEF partners, and the U.S. could boost market access if successful. flag While private investment remains stronger than average in emerging markets, foreign direct investment as a share of GDP remains low, ranking in the bottom quartile globally.

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