India's 8th Trade Policy Review (TPR) meeting at the World Trade Organisation is scheduled for 21st and 23rd July 2026. According to reports from Business Standard, the review covers the period from 1 January 2021 to 31 December 2025, with India's TPRs conducted once every five years. The process began in June 2025 and involved the Department of Commerce consulting with more than 100 Ministries, Departments and Organisations over a 14-month period.
India's external trade performance during the review period has demonstrated remarkable resilience, as reported by Business Standard. Total exports of merchandise and services reached an all-time high of US$ 863.1 billion in 2025-26, registering a growth of 6.3 per cent over US$ 676.5 billion in 2021-22. This growth trajectory reflects India's ability to maintain strong export momentum despite challenging global economic conditions and increased uncertainties in international trade.
According to Business Standard, India's economy has staged a strong rebound following the pandemic-induced contraction and increased global uncertainties. The country has sustained high growth rates and established itself as the fastest-growing among major economies. This economic resilience has directly contributed to the robust performance of India's external trade sector, demonstrating the country's ability to adapt and grow despite challenging global conditions.
India's foreign direct investment landscape shows promising prospects with net FDI inflows expected to rebound to $15 billion in fiscal year 2027, as reported by The Economic Times. This rebound will be supported by healthy gross inflows and moderating repatriation outflows, with policy measures and a nuanced FDI framework expected to boost foreign investment. The operationalising of FTAs signed with 37 countries will further boost exports and FDI, contributing to overall growth momentum.
The Indian economy expanded 7.7% in the last financial year, with the RBI projecting GDP growth of 6.6% for the current fiscal year despite global uncertainties, as noted by The Economic Times. However, Reserve Bank Governor Sanjay Malhotra has flagged inflation risks, noting that the RBI raised its inflation forecast for FY27 to 5.1% from 4.6% earlier, driven by supply-side factors. The governor also highlighted that West Asia crisis and weak monsoon pose growth risks, while the rupee remains stable globally and FDI inflows are robust.
