From UK to Peru, every nation wants to sign FTA with India to gain access to growing market, says report.

"Everyone wants to do an FTA with India. Countries ranging from large economies like the US, Europe, Japan, and the UK to smaller ones like Oman, Peru, and Mauritius either already have or are actively seeking an FTA with India. The main reason is India's high import duties, which make it difficult for these countries to access India's large and rapidly growing market."

- Economic think tank Global Trade Research Initiative (GTRI).