Sarbananda Sonowal Hails PM Modi’s Trade Push, Calls It Break From Congress Era

Why It Matters

The trade push expands market access, drives export growth and positions India as an active rule‑maker in global commerce, reshaping its economic and geopolitical standing.

Key Takeaways

• Nine FTAs cover 38 developed nations, 30% export value
• India now accesses 70% of global trade markets
• 2026 India‑US deal targets $500 billion annual trade
• Sensitive agri‑products stay protected while tariffs fall
• Assam tea exports rise 40 million kg, hitting record

Pulse Analysis

India’s trade policy has undergone a rapid transformation since the Modi government took office in 2014, moving from a defensive stance to an assertive, negotiation‑driven approach. By securing nine major free‑trade agreements, the country now enjoys preferential market access to 38 developed nations, covering roughly 30% of its export basket—equivalent to $242 billion. This strategic shift contrasts sharply with the previous Congress‑led era, which Sonowal described as marked by indecision and limited global engagement.

The economic implications are immediate and sizable. The interim India‑US trade framework, slated for 2026, targets a $500 billion annual trade volume and reduces Indian tariff exposure to 18%, lower than many peers. Parallel agreements with the European Union and the United Kingdom grant duty‑free entry for over 99% of Indian exports and unlock hundreds of services sub‑sectors, bolstering IT, finance, and professional services. Sensitive agricultural products remain protected, ensuring farmer welfare while opening high‑value sectors such as pharmaceuticals, gems, and aircraft parts to global markets. Regional exporters, especially in Assam, are already seeing tangible benefits, with tea shipments up 40 million kg and projected export values crossing ₹10,000 crore.

Beyond numbers, the trade push signals India’s ambition to become a rule‑shaper rather than a passive participant in the global economy. By aligning with major economies and securing favorable tariff lines, the country enhances its investment appeal and strengthens diplomatic leverage. The narrative of a nation‑first leadership resonates with entrepreneurs, MSMEs, and the youth, fostering confidence that India can compete on the world stage while safeguarding domestic interests. This momentum sets the foundation for sustained export growth and deeper integration into global value chains.