The India-UK Free Trade Agreement (FTA) is set to unlock major export opportunities for several key Indian sectors, offering zero-duty market access and a level playing field in the UK's large and diverse import market.
The much-awaited landmark India-UK Free Trade Agreement has been signed on Thursday, in presence of Prime Ministers Keir Starmer and Narendra Modi, giving greater access to good and services between the two countries.
Alison Barrett MBE, Country Director, British Council India, said the announcement aligns closely with India's National Education Policy 2020 and will strengthen collaboration in the education sector.
India's leather and footwear exports to the UK could exceed USD 900 million, marking a major leap forward for the sector. This growth is expected as the India-UK Free Trade Agreement (FTA) opens up new opportunities for small artisans and businesses across the country.
Bharatiya Janata Party spokesperson CR Kesavan on Thursday stated that the yet-to-be-signed India-United Kingdom Free Trade Agreement (FTA) marks a pivotal moment, providing Indian businesses, particularly SMEs, with a substantial competitive edge in the UK market.
India's average tariff on UK products will drop from 15 per cent to 3 per cent under the to-be-signed India-UK FTA, a British government statement said just ahead of the scheduled signing ceremony in presence of Prime Minister Keir Starmer and Indian counterpart Narendra Modi.
The India-UK Free Trade Agreement (FTA), set to be formalised on Thursday evening (IST), is expected to open new avenues of growth, skill development, and employment opportunities for Indian youths across multiple sectors.
The India-UK Free Trade Agreement (FTA), set to formalize on Thursday, is expected to be a major turning point for women entrepreneurs and workers across India.
British Prime Minister Keir Starmer will host Prime Minister Narendra Modi in the UK on Thursday to sign the landmark UK-India trade deal, which will boost bilateral trade by £25.5bn every year, as per an official statement from the British High Commission.
Congress leader Jairam Ramesh on Thursday criticised the Modi government ahead of the signing of the India-UK Free Trade Agreement (FTA), emphasising that what India truly needs from the UK is a more effective Fugitive Transfer Agreement.