India–ASEAN Trade: A Major Opportunity for Indian Exporters

ASEAN is one of India’s largest trading partners, with bilateral trade of nearly US$122 billion annually. India exported goods worth about US$38.96 billion to ASEAN in FY25, supported by the ASEAN–India Free Trade Agreement (AIFTA), which reduces tariffs on a wide range of products.

Key opportunity sectors:
✅ Engineering goods & machinery
✅ Organic & inorganic chemicals
✅ Petroleum products
✅ Textiles, garments & handicrafts
✅ Agri & processed foods
✅ Pharma, auto components & electrical equipment
✅ Services, logistics & MSME partnerships

With global buyers diversifying sourcing away from China, Indian MSMEs can strongly position themselves in ASEAN markets such as Vietnam, Thailand, Indonesia, Malaysia, Philippines, Singapore and Cambodia.

Under AIFTA, exporters can avail preferential duty benefits by meeting the Rules of Origin and obtaining the Certificate of Origin.

📞 Let’s explore ASEAN as your next export destination.

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