With 15 FTAs in force and a few under negotiation, India’s trade success will depend not just on signing agreements, but also on how it leverages them to drive growth, competitiveness, and global integration
India’s gold imports hit a record $71.98 billion in 2025-26 despite lower import volumes, driven mainly by soaring global prices and safe-haven demand amid West Asia tensions. Rising imports widened India’s trade deficit, prompting Prime Minister Narendra Modi to urge austerity and postpone gold purchases
Piyush Goyal said the India-UAE Comprehensive Economic Partnership Agreement has boosted bilateral trade beyond $100 billion, driving growth across sectors, enhancing services trade, and creating opportunities for Indian businesses, MSMEs and farmers
