India has been a major player in the global economy for decades, with its population of over 1.3 billion people making it one of the largest consumer markets in the world. As a result, India has entered into numerous economic agreements with other countries in order to expand its international trade and investment opportunities.

One of the most significant economic agreements that India has entered into is the Comprehensive Economic Cooperation Agreement (CECA) with Singapore. This agreement, signed in 2005, aims to promote trade and investment between the two countries by removing tariffs and other trade barriers. Under the CECA, Singapore is granted access to India`s large market for services, while Indian businesses gain greater access to Singapore`s financial and technological sectors.

Another important economic agreement India has signed is the India-ASEAN Free Trade Agreement (FTA). This agreement, signed in 2009, aims to reduce trade barriers and promote investment between India and the ten nations of the Association of Southeast Asian Nations (ASEAN). The FTA has helped to increase bilateral trade between India and ASEAN, which reached $97 billion in 2019.

India has also signed a number of other regional trade agreements, including the South Asian Free Trade Area (SAFTA) and the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). These agreements aim to promote trade and investment within the South Asian and Bay of Bengal regions, respectively.

In addition to these regional agreements, India has also signed several bilateral trade agreements with countries such as Japan, South Korea, and Australia. These agreements aim to promote trade and investment between India and these countries by reducing trade barriers and increasing market access.

While these economic agreements have helped to expand India`s international trade and investment opportunities, some critics argue that they may also have negative consequences for certain sectors of the Indian economy. For example, some Indian manufacturers and farmers have raised concerns that increased competition from foreign imports may harm their industries.

Overall, India`s economic agreements with other countries have played a significant role in expanding its international trade and investment opportunities. As India continues to grow and develop as a major player in the global economy, it is likely that it will continue to enter into new economic agreements in order to further expand its economic reach and influence.