India Targets Access to $85 Trillion Global Market Through Trade Deals
What Happened
Commerce Minister Piyush Goyal said on October 30, 2026, that India's existing and proposed trade agreements could provide preferential access to economies worth $85 trillion, around 76% of global GDP. Speaking at the fourth Festival of Ideas in New Delhi, he urged businesses to build global brands. He said India was negotiating seven to eight additional trade agreements.
Key Takeaways
The $85 trillion figure represents the combined economic size of markets covered by existing and potential trade agreements, not India's export earnings. Some of the projected access depends on agreements still under negotiation.