New Delhi, Dec. 25 -- With 18 free trade agreements (FTAs) already signed and more likely in 2026, India's priority must now move from negotiating new deals to ensuring existing FTAs translate into real export gains, particularly in electronics, engineering and textiles, highlighted a report by the Global Trade Research Initiative (GTRI).

The report said India's total exports stood at USD 825 billion in FY25 and are expected to rise only marginally to around USD 850 billion in FY26, reflecting a challenging global trade environment.

Merchandise exports are likely to remain flat in FY26 due to weak global demand and rising protectionism, while services exports may cross USD 400 billion, providing the only meaningful cushion to India's ov...