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flag India’s FTAs with the UK, Australia, and New Zealand boosted trade with partners to 16.5% of total trade by 2025, driving a 92% rise in merchandise trade since 2021.

flag India’s free trade agreements (FTAs) with key partners have driven a 92% surge in merchandise trade from FY21 to FY25, far exceeding the global trade growth of 41.5%. flag The increase stems from a strategic shift to growth-oriented trade policy, focusing on nations with strong economic complementarities and established trade corridors, particularly post-COVID. flag Trade with FTA partners rose from 11–12% to nearly 16.5% of India’s total trade, fueled by agreements with the UK, Australia, and New Zealand. flag These deals enhanced market access, reduced services barriers, and boosted investment in manufacturing, pharmaceuticals, clean energy, and technology. flag Analysts project trade with FTA partners could more than double by 2030 due to deeper tariff cuts and expanded economic integration.

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