New Delhi, June 11 -- India's strategy of signing free trade agreements (FTAs) with developed economies is aimed at accelerating economic growth, attracting investments, creating jobs and promoting innovation, commerce and industry minister Piyush Goyal said on Thursday.

Speaking at the 5th Annual Meeting of India Global Innovation Connect in New Delhi, Goyal said agreements with advanced economies provide India an access to capital, technology and new markets while helping domestic companies integrate into global value chains.

Highlighting the India-European Free Trade Association (Efta) Trade and Economic Partnership Agreement (Tepa), Goyal said Switzerland, Norway, Liechtenstein and Iceland have committed to bring $100 billion in inv...