Issuance of preferential certificates under FTAs rises, signals higher trade pact use by exporters

Indian exporters are increasingly leveraging free trade agreements, as evidenced by a rise in preferential certificates of origin issued. The number climbed to 7,20,996 in 2024-25, up from 6,84,724 in the previous fiscal year. This indicates greater utilization of trade pacts, boosting competitiveness through duty concessions, with continued growth observed in the initial months of the current fiscal year.

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