Commerce Minister Piyush Goyal Pushes for India to Lead Global Agri‑Food Exports via FTAs and AIF — UPSC Current Affairs | March 10, 2026
Commerce Minister Piyush Goyal Pushes for India to Lead Global Agri‑Food Exports via FTAs and AIF
Commerce Minister Piyush Goyal announced that India, now the seventh‑largest agri‑food exporter with exports worth ₹5 lakh crore, will leverage recent FTAs and the ₹1 lakh crore Agriculture Infrastructure Fund to become the world’s leading exporter of agricultural and processed foods, while safeguarding sensitive sectors and MSMEs.
Overview Union Ministry of Commerce & Industry Minister Shri Piyush Goyal addressed stakeholders at the 40th edition of AAHAR in New Delhi. He urged collective action to make India the world’s largest exporter of agricultural and processed foods, leveraging recent FTAs and the Agriculture Infrastructure Fund . Key Developments India’s food‑agri exports now total nearly ₹5 lakh crore (≈ USD 55 bn) annually, placing the country as the **seventh‑largest** global exporter. From 2014‑2025, processed‑food exports rose fourfold ; fruit and pulse exports **tripled**; cereal exports **doubled**; rice exports grew **62 %**. India has signed **nine FTAs** in the last 3½ years, granting preferential market access to **38 developed nations** and covering about **two‑thirds of global trade**. Sensitive sectors such as **dairy** and **genetically modified (GM) products** remain protected; no concessions were offered to foreign producers. The government encourages utilisation of the **₹1 lakh crore Agriculture Infrastructure Fund** for food‑processing and value‑addition ventures. Italy was announced as the partner country for this edition of AAHAR, fostering bilateral collaboration in food and hospitality. Important Facts The minister highlighted that FTAs have been negotiated with EFTA members (Switzerland, Norway, Liechtenstein, Iceland), New Zealand, Australia, Japan, Korea, ASEAN nations, Oman, UAE, Mauritius, and ongoing talks with Canada and the GCC bloc. He stressed that these agreements provide **near‑zero or very low duties** on many Indian agri‑food products, especially in Europe. Protection measures include safeguarding key commodities—**rice, wheat, maize, soy‑meal, pulses**—and limiting sugar imports to shield domestic sugarcane farmers. The emphasis on protecting MSMEs , fishermen and farmers ensures that trade liberalisation does not compromise domestic livelihoods. UPSC Relevance Understanding India’s export strategy is vital for GS 3 (Economy) – it illustrates how trade policy, sectoral protection, and infrastructure funding intersect to boost growth. The focus on **Made in India** branding links to GS 4 (Ethics) – promoting national identity while ensuring equitable benefits for small producers. The minister’s reference to the “food basket of the world” aligns with discussions on food security and agricultural self‑sufficiency, a recurring theme in GS 2 (Polity) when analysing government schemes and policy implementation. Way Forward Stakeholders are urged to: Leverage the AIF for setting up processing units and cold‑chain logistics. Explore market opportunities in the **38 FTA partner countries**, focusing on products with preferential duty rates. Collaborate with Italian firms and other international partners to adopt best practices in food safety, packaging, and hospitality services. Engage with the Export Promotion Mission, DGFT and related agencies for export‑related hand‑holding and compliance support. By integrating domestic strengths with global market access, India can aim for the top spot in agri‑food exports, enhance farmer incomes, and reinforce the “Made in India” brand worldwide.
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Overview
Leveraging FTAs & AIF, India aims to become world’s top agri‑food exporter
Key Facts
India’s agri‑food exports reached ~₹5 lakh crore (≈ USD 55 bn) in 2023‑24, making it the 7th largest globally.
Processed‑food exports grew fourfold (2014‑2025); fruit and pulse exports tripled; cereal exports doubled; rice exports rose 62%.
Nine FTAs signed in the last 3½ years give preferential market access to 38 developed nations, covering about two‑thirds of global trade.
The Agriculture Infrastructure Fund (AIF) of ₹1 lakh crore is earmarked for post‑harvest infrastructure, cold chains and food‑processing units.
Sensitive sectors like dairy and GM products remain excluded from concessions; key staples (rice, wheat, maize, soy‑meal, pulses) are protected.
Italy was announced as the partner country for AAHAR 2024, fostering bilateral collaboration in food and hospitality.
FTAs have been negotiated with EFTA, New Zealand, Australia, Japan, Korea, ASEAN, Oman, UAE, Mauritius; talks ongoing with Canada and the GCC bloc.
Background & Context
India’s export push aligns with GS‑3 themes of trade policy, agricultural growth and infrastructure development, while the protection of sensitive sectors reflects the balance between liberalisation and domestic livelihood security emphasized in GS‑2 and GS‑4. The AIF and FTAs together illustrate how fiscal measures and diplomatic negotiations are used to enhance export competitiveness.
UPSC Syllabus Connections
GS3•Major crops, cropping patterns, irrigation and agricultural produceGS2•Bilateral, regional and global groupings involving IndiaGS2•Effect of policies of developed and developing countries on IndiaEssay•Economy, Development and InequalityGS3•Food processing, land reforms and e-technology for farmersPrelims_GS•International Current Affairs
Mains Answer Angle
In a GS‑3 answer, discuss how FTAs provide market access and the AIF strengthens value‑addition, evaluating the policy’s impact on farmer incomes, MSMEs and India’s position in global agri‑food trade.