Historically, India's FTA utilisation has hovered around 25%, compared with 70-80% in developed economies, and closing this gap is now the single highest-leverage trade policy reform available

India has signed several free trade agreements in the last 5 yrs, but they are yet to be utilised to the extent expected.

Historically, India's FTA utilisation has hovered around 25%, compared with 70-80% in developed economies, and closing this gap is now the single highest-leverage trade policy…