Overview

• Minister of State Jitin Prasada told the Lok Sabha the government is combining trade agreements with incentive schemes, logistics upgrades and local export hubs to lift exports and expand MSME participation.
• India signed a Comprehensive Economic and Trade Agreement with the United Kingdom on July 24, 2025, and negotiations with the European Union are aimed to conclude by the end of the year.
• Production Linked Incentive schemes now span 14 sectors, which the government says are attracting investment, creating jobs and boosting export capacity.
• In electronics, mobile phone exports rose from Rs 1,500 crore in 2014–15 to over Rs 2 lakh crore in 2024–25, helping make India the world’s second‑largest mobile manufacturer.
• Sectoral outcomes cited include 21 medical‑device projects producing 54 advanced products and a shift to net exports in bulk drugs, alongside the rollout of the National Logistics Policy, PM Gati Shakti and the NICDP.