India has signed numerous Free Trade Agreements (FTAs), but now it needs to focus on effectively monetising them. Sanjeev Krishan, Chairman of PricewaterhouseCoopers India, stated that the adoption rate of FTAs in the country is low, estimated at 25-30%, compared to a global adoption rate of 75-85%. Countries that have successfully leveraged FTAs benefit much more than India. Dependence on MSMEs A significant part of improving FTA adoption depends on mid-sized corporations and Micro, Small, and Medium Enterprises (MSMEs), which require financial support and encouragement to effectively utilise these agreements.