Analysistrade agreementsmanufacturingsupply chaingeopolitics
India Reshapes Global Order Through Trade Deals
7.1
Relevance Score
India has leveraged recent trade agreements with the United States and the European Union to accelerate its shift from rule-taker to rule-shaper. The US deal cut tariffs on many Indian exports to 18 percent and the EU pact creates a trade corridor covering roughly a quarter of global GDP; bilateral trade with Russia rose from $9.4 billion in 2021 to over $65 billion by 2024. These developments strengthen India’s strategic autonomy and manufacturing competitiveness.



