New Delhi, March 9 -- Recent FTAs with regions including the European Union, the United Kingdom, Australia, New Zealand and other major markets provide Indian MSMEs with access to a large share of developed markets, creating significant opportunities for Indian manufacturers to integrate into global supply chains and meet international demand, said, Jitin Prasada, Union Minister of State for Commerce and Industry and Electronics and Information Technology.

Addressing the FICCI FLO National MSME Awards Ceremony, he highlighted the role of Free Trade Agreements (FTAs) in expanding opportunities for India's Micro, Small and Medium Enterprises (MSMEs).

Prasada emphasised that MSMEs, which form the backbone of the Indian economy, should focu...