Why Should We Care if India is Embracing Free Trade? with Anuj Gupta

On January 27, 2026, India and the European Union are expected to announce “the mother of all trade deals” - a historic Free Trade Agreement covering 25% of the world’s GDP. After decades of protectionism, India is pivoting fast, racing to sign deals with developed economies like the EU, UAE, and Australia while diversifying away from China. But why now? And where does this leave the US under Trump 2.0?

In this episode, Anuj Gupta, Managing Director of BowerGroupAsia (India) and former Chief of Staff to India’s Commerce Minister, takes us inside the room where these deals happen. We discuss:

• The Big Shift: Why 2014 was the turning point for India’s trade strategy and why they walked away from the RCEP trading bloc.

• The Pivot: Why India is suddenly rushing to sign FTAs with the West after years of hesitation.

• Geopolitics: How India balances Russian oil imports with EU trade ambitions and US strategic ties.

• The Future: Is India trying to be a bridge between blocs, or becoming a “third pole” in the global economy?

Whether you’re a business leader, policy watcher, or just curious about where the world economy is heading, this episode breaks down why India’s new playbook matters to you.

Anuj Gupta leads the India practice at BowerGroupAsia. A seasoned policy strategist, he previously served as Chief of Staff to India’s Minister for Commerce & Industry, where he helped shape key initiatives like the Production Linked Incentive (PLI) schemes and India’s recent wave of FTAs. He has also led public policy for the Tata Group. Follow Anuj on LinkedIn or on X, @anujg

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• Sponsored by BowerGroupAsia, a strategic advisory firm that specializes in the Indo-Pacific