India's free trade agreement playbook is expanding rapidly, but a new report suggests the results are becoming harder to celebrate.
As New Delhi pursues trade deals across Europe, the Gulf and North America, a report by the Global Trade Research Initiative (GTRI) warns that several structural weaknesses are deepening. Rising trade deficits, limited use of FTA benefits by exporters, manufacturing distortions and growing regulatory burdens are among the issues that could erode the gains from India's widening network of trade agreements.
