Giriraj Singh: India's FTA exports surge 24% to $57.17 bn
Synopsis
Key Takeaways
India's export engine is firing on the back of its free trade deal network — and the numbers are hard to ignore. Union Textiles Minister Giriraj Singh on Thursday, September 24, 2026, cited official trade data showing that India's exports to FTA partner countries have surged nearly 24 percent to reach $57.17 billion, flagging it as proof of the country's rising footprint on the global trade stage.
Posting in Hindi, Singh wrote: 'वैश्विक व्यापार के मंच पर भारत का बढ़ता प्रभाव!' ('India's growing influence on the global trade stage!'), highlighting that FTA partnerships with the UK, UAE, Australia, Oman, South Korea, Japan, and the ASEAN bloc are 'opening doors to new opportunities and giving Indian products a fresh identity in global markets.'
The FTA architecture behind the $57 billion milestone
The jump did not happen overnight — it is the cumulative payoff from a decade-and-a-half of deal-making. India's Comprehensive Economic Partnership Agreement (CEPA) with the UAE, signed in February 2022 and in force from May 2022, was the first major bilateral pact concluded in years and is widely seen as a template for faster, goods-first negotiations. The India-Australia Economic Cooperation and Trade Agreement (ECTA), clinched in April 2022 and effective from December 2022, added another large, high-income market to the roster.
Older pillars remain load-bearing. The India-ASEAN Free Trade Agreement on goods came into force in January 2010, knitting India into a bloc of ten Southeast Asian economies. The India-South Korea Comprehensive Economic Partnership Agreement also entered into force in January 2010, while the India-Japan Comprehensive Economic Partnership Agreement, signed in 2011, extended preferential access across goods, services, and investment. Together, these agreements form a web that now accounts for the export volumes Singh is pointing to.
Textiles in the frame — and why Singh is the one talking
It is worth noting who is amplifying this data. As Union Minister of Textiles, Giriraj Singh oversees one of India's largest export sectors — textiles and apparel consistently rank among the country's top five export categories. Many of the FTA partners he names — the UAE, Australia, and the ASEAN bloc — are significant buyers of Indian fabric, yarn, and garments. A 24 percent export lift across FTA destinations feeds directly into the sectoral narrative his ministry is building: that Indian manufacturers can compete and win in premium markets when tariff barriers come down.
The deal still being watched — and what comes next
Conspicuous by its absence from any 'done deal' column is the India-UK Free Trade Agreement. Negotiations have been underway since 2022, with multiple rounds completed, but a final text has yet to be signed. The UK — which Singh specifically names as a target partner — represents a substantial prize: a high-income, English-speaking market with a large Indian diaspora and strong appetite for Indian textiles, food, and services. Closing that deal would add another significant FTA corridor to the ones already generating the numbers Singh is celebrating today.
India's pivot from multilateral trade forums toward targeted bilateral deals has accelerated sharply since 2022. The strategic logic is straightforward: a bilateral agreement can be tailored to India's offensive interests — pushing market access for goods where it is competitive — while ring-fencing sensitive sectors. The $57.17 billion figure, if sustained, would suggest the playbook is working. The real test is whether the next wave of deals — with the EU, the UK, and others — can be closed before the window of goodwill narrows.