New Delhi, July 30 -- India's merchandise exports to its new Free Trade Agreement (FTA) partners are projected to more than quadruple to USD 1 trillion by 2035 from USD 233 billion in 2025, driven by greater market access, tariff liberalisation and trade facilitation measures, according to a study released by industry body ASSOCHAM.
The study, titled India's Recent FTAs: Trillion-Dollar Export Opportunities, estimates that exports to the nine new FTA partners will rise to USD 511 billion by 2030 before touching the USD 1 trillion milestone by 2035.
The report said India's recent trade agreements are expected to create significant opportunities for exporters in developed markets across 38 countries.
According to the report, India's new FT...