New Delhi, April 1 -- India has a vibrant IT ecosystem with revenues exceeding 280 billion US Dollars and exports of 225 billion US Dollars in FY 2024-25. It employs more than 60 lakh people. Therefore, digital trade is an important component of India's economy.

According to a statement released by the Ministry of Electronics & IT, "Government of India is firmly committed to fostering and expanding digital trade partnerships with potential nations across the world. India has concluded three Free Trade Agreements with the United Arab Emirates, the United Kingdom, and the European Union, each of which includes a Digital Trade Chapter as a key component."

In these agreements, India has effectively safeguarded its interests while securing m...