India’s merchandise exports to nine recent free trade agreement partners could climb sharply over the next decade, with ASSOCHAM projecting that the total may cross $1 trillion by 2035. The forecast points to a major expansion in trade with countries covered by India’s newer FTA framework.
According to the industry chamber’s report, India’s exports to these FTA partners are estimated at $233 billion in 2025. That figure is expected to rise to $511 billion by 2030 before reaching the $1 trillion mark by 2035, highlighting the scale of growth being tied to these trade arrangements.
The report attributes the expected jump to broader market access, tariff liberalisation and improved trade conditions under the agreements. Lower barriers and easier entry into partner markets are seen as key reasons why India’s export base could expand significantly over time.
If this trend holds, recent FTAs may become an increasingly important driver of India’s export strategy. The projection also underlines how trade pacts are being viewed as a long-term tool to boost merchandise shipments and deepen India’s integration with global markets.
