PM Modi urges Indian industry to leverage FTAs as global market access expands

Prime Minister Narendra Modi has called on Indian businesses, exporters, and young entrepreneurs to take full advantage of the rapidly expanding global opportunities created through India’s network of free trade agreements (FTAs). Speaking at an industry event in Delhi, Modi said the world is “opening doors for India” at a pace unseen before, and urged companies to align with global quality standards, strengthen Make in India brands, and aggressively pursue international markets.

Modi noted that India has signed trade agreements with around 40 countries, describing them as gateways that can significantly boost exports and manufacturing competitiveness. He contrasted the present environment with earlier decades, saying that “not even a window was opened” for India in the past, whereas today multiple economies are actively seeking deeper economic engagement with New Delhi.

The Prime Minister emphasised that these FTAs are already creating new avenues for Indian companies in sectors such as technology, pharmaceuticals, textiles, electronics, and automobiles. He urged industry leaders not to miss the moment, stressing that global demand for reliable supply‑chain partners has positioned India as a preferred destination.

Modi also highlighted the role of India’s youth in driving innovation and entrepreneurship. He pointed to the dramatic expansion of the startup ecosystem—from roughly 500 startups a decade ago to more than 200,000 registered startups across districts today. This growth, he said, reflects India’s rising capacity for job creation, digital innovation, and global competitiveness.

The Prime Minister reiterated that India must aim not only to participate in global markets but to set global benchmarks, especially as international investors increasingly view India as a long‑term growth engine.

This push for outward‑looking industry comes at a time when India is negotiating additional trade agreements and seeking to strengthen its position in global value chains.

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