📷 Image: Wikimedia Commons / Ministry of Commerce and Industry (India)
Business
India's FTAs Project $170 bn GDP Boost by 2035, Mitigate US Tariffs
✍️ Business Standard
🗓 13 Oct 2026, 03:33 AM
👁 11
India’s network of free trade agreements is expected to lift the country’s GDP by up to $170 billion by 2035, according to a Business Standard analysis, and could soften the impact of rising U.S. tariffs.
Business Standard’s recent analysis estimates that India’s expanding portfolio of free trade agreements could add roughly $170 billion to the nation’s GDP by 2035. The projection is based on current FTA coverage and assumes continued growth in trade volumes under the agreements.
The study also highlights how the broader FTA network could cushion India against the rising tariffs imposed by the United States on Indian goods. By diversifying export destinations and reducing reliance on any single market, India may mitigate the economic shock from higher U.S. duties.
Policymakers are likely to view the findings as a boost to the case for negotiating further FTAs, especially with emerging economies, to strengthen India’s trade resilience in a shifting global tariff landscape.
The study also highlights how the broader FTA network could cushion India against the rising tariffs imposed by the United States on Indian goods. By diversifying export destinations and reducing reliance on any single market, India may mitigate the economic shock from higher U.S. duties.
Policymakers are likely to view the findings as a boost to the case for negotiating further FTAs, especially with emerging economies, to strengthen India’s trade resilience in a shifting global tariff landscape.