India and Mexico Sign MoU to Boost Bilateral Trade at FICCI LEADS 2025.

In September 2025, India and Mexico signed a Memorandum of Understanding (MoU) to strengthen bilateral trade and investments. The announcement was made by Francisco Cervantes Diaz, President of Mexico’s Business Coordinating Council (BCC), during the FICCI LEADS 2025 event in New Delhi.

      - The agreement focuses on leveraging complementarities between India and Mexico, exploring cooperation in automobiles, aerospace, agriculture, and medical devices.

      - The MoU targets an investment of nearly USD 1200 million to accelerate trade flows between the two countries.

Main Point :-   (i) In 2024, India–Mexico trade reached USD 11.711 million, highlighting growing economic engagement.

      (ii) Around 200 Indian companies have invested USD 72 million in Mexico across various sectors.

(iii) Mexico’s proximity to the USA and Canada, under the North American Free Trade Agreement (NAFTA) framework, positions it as a bridge for Indian businesses into North America.