India’s new FTAs offer investment opportunities, but utilisation remains weak: Commerce Secretary

Commerce Secretary Rajesh Agrawal urged industries to leverage India's newly finalised free trade agreements, noting a historical underutilization of such pacts. While FTAs have boosted trade volumes, exports have lagged behind imports, potentially due to strong domestic demand in India's rapidly growing economy. New agreements with developed nations are expected to attract investment by going beyond tariffs.