New Delhi, Sept. 9 -- India aims to conclude free-trade agreements (FTAs) with Peru, Chile, and Mexico on priority, as they could absorb about 20% of goods shipped to the US without major supply-chain changes, said three people close to discussions.

"Indian exporters stand to gain as FTAs with Peru, Chile, and Mexico could open a stronger foothold in Latin America, North America, and trans-Pacific trade, while also creating indirect linkages to Europe and Asia-Pacific markets," said the first of the three people mentioned above.

The push comes after President Donald Trump imposed 50% duties on Indian goods in August, prompting New Delhi to accelerate efforts to diversify its export basket and cut reliance on the US.

India shipped $86.5...