On 31 March 2023, Indian Minister of Commerce Piyush Goyal announced the country’s latest Foreign Trade Policy (FTP 2023). This policy replaces the previous FTP (2015-2020), which was extended several times due to the pandemic and geopolitical developments. In the episode, Ms Ramita Iyer, Research Analyst, ISAS, discusses the new policy and its implications with Ms R V Anuradha, Partner, Clarus Law Associates, New Delhi. They cover the key features of the FTP, its new aspects as well as the implications on India's overall economic outlook.