Commerce and Industry Minister Piyush Goyal on Tuesday urged Indian exporters to increase the utilization of Free Trade Agreements (FTAs) and address non-tariff barriers in a meeting with Export Promotion Councils and industry representatives.
Goyal highlighted the development of a centralized exporters’ portal to make Indian exporters more discoverable to global buyers and boost exports of services and value-added goods.
Discussions also covered India’s ongoing trade pact negotiations with the European Union and the United States. Industry experts emphasized the need to support exporters in complying with upcoming EU regulations like the Digital Product Passport (DPP), effective January 1, 2026. The DPP mandates comprehensive digital tracking of a product’s lifecycle, impacting sectors such as electronics, batteries, textiles, and construction materials.
Approximately 9-10 FTAs are currently in the pipeline, including agreements with Chile and New Zealand, with some aiming for an early harvest.