India is a rapidly growing economy and has been making progress in the global market by entering into free trade agreements with several countries across the world. In this article, we will discuss the free trade agreements that India has signed with various countries.

Free trade agreements (FTAs) aim at reducing trade barriers such as tariffs and import quotas between countries. By entering into FTAs, countries create a favorable environment for trade, reduce protectionism, and promote bilateral economic growth.

India has signed FTAs with several countries in the past decade, including the Association of South East Asian Nations (ASEAN), Japan, South Korea, Singapore, Sri Lanka, and Mauritius, among others. India is also a signatory to the Regional Comprehensive Economic Partnership (RCEP), which includes countries such as China, Japan, South Korea, and Australia.

The India-ASEAN FTA is one of the most significant agreements that India has signed. It was signed in 2009 and covers a market of over 1.8 billion people, with a combined GDP of $2.8 trillion. Under this agreement, India has access to a vast market for its goods and services and has enjoyed a positive trade balance with ASEAN.

The India-Japan Comprehensive Economic Partnership Agreement (CEPA) was signed in 2011. This agreement has opened up significant opportunities for Indian companies in various sectors such as pharmaceuticals, engineering, and textiles. With the signing of this agreement, India has gained access to Japan`s advanced technology and expertise in many fields.

In 2018, India signed an FTA with South Korea. The agreement covers a wide range of sectors, including automobiles, chemicals, and textiles. This agreement has helped in increasing trade and investment between the two countries.

India also has an FTA with Singapore, which was signed in 2005. This agreement covers trade in goods, services, and investments. Singapore is India`s second-largest trading partner within the ASEAN region after Indonesia.

Apart from these FTAs, India has also signed agreements with countries such as Sri Lanka, Mauritius, and Nepal. These agreements have helped in increasing trade and investment between the countries.

In conclusion, India has signed several free trade agreements with different countries across the world. These agreements have helped in creating a favorable environment for trade, reducing protectionism, and promoting bilateral economic growth. The FTAs have opened up significant opportunities for Indian businesses in various sectors, and India has gained access to the markets of several countries. With more and more countries showing an interest in signing FTAs with India, the future of Indian trade looks bright.