New Delhi, June 4 -- India should reassess the effectiveness of its existing Free Trade Agreements (FTAs), modernise its investment screening framework and adopt a more coordinated trade and industrial policy approach as geopolitical tensions and economic fragmentation reshape global commerce, according to a report by Koan Advisory Group in association with Chintan Research Foundation, Information Technology Industry Council and Institute of Chinese Studies.

The report, "Resilience in a Fragmenting World: India's Economic Relations with Great Powers", is based on a series of consultations involving policymakers, industry representatives and civil society stakeholders on India's economic engagement with the United States and China.

The r...