India’s trade deal blitz: Why it's a strategic necessity despite uncertain gains

As global protectionism rises, India is pursuing an aggressive trade deal strategy to bolster its market access and stabilize supply chains. The urgency for these agreements stems from the need to navigate an increasingly complex international trade landscape. While previous free trade agreements (FTAs) have often yielded disappointing outcomes, the current geopolitical climate compels India to reassess its trade policies and partnerships. By engaging in new trade negotiations, India aims to not only secure economic benefits but also enhance its strategic posture in the region. The government is focusing on diversifying its trade relationships, particularly with nations in Asia and beyond, to mitigate risks associated with reliance on any single market. This proactive approach underscores the importance of trade diplomacy in fostering economic resilience and positioning India as a key player in global supply chains, despite the uncertain benefits that may come from these new agreements.