![]() ![]() Russia, whose trade with the West has slumped since its invasion of Ukraine last year, is also interested in increasing ties with India. ![]() It is also negotiating deals with the European Union, the United Kingdom and Canada. ![]() Since 2021, India has struck agreements with Australia, the United Arab Emirates and Mauritius. In a bid to boost the industrial sector and lift exports, the Indian government has sought to sign free trade deals, a move that’s been warmly received around the world. Its vast consumer market and pool of affordable labor is also drawing more attention from global brands and trading partners. India’s so-called “demographic dividend,” the potential economic growth arising from a large working-age population, represents a major opportunity. An overcrowded train station in Loni, Uttar Pradesh, India in April. ![]()
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