Most of the trade pacts haven’t been too beneficial to India.
The 1990s saw India opening its doors to the world, leading to competition amongst various global companies to enter the country. This race has not slowed, and since then the world has always seen India as ‘multi bagger stock’ to increase its wealth.
India today is a fairly open economy, and as far as trade is concerned it has done well particularly in the area of FTAs (free trade agreements). Read More.