In a major boost for bilateral commerce, the India-UK Free Trade Agreement is on track for rollout this April, pending UK parliamentary clearance. Sealed last July after marathon talks, the deal’s path is clearing as discussions ignite in Westminster’s two houses.
Under its terms, tariffs vanish on 99 percent of India’s shipments to the UK, spotlighting labor-heavy industries such as garments, fish and seafood, hides and leather, shoes, games and toys, gems and jewelry. Medium-tech arenas like engineering machinery, auto spares, motors, and bio-chemicals will thrive equally.
Vigilant Indian diplomacy ensured non-tariff barriers get addressed promptly, safeguarding unhindered trade in goods and services. The accord’s announcement followed a landmark May call between Prime Ministers Modi and Starmer, marking a shared victory.
A supporting double contribution pact shields Indian expatriate workers’ rights in Britain. Service trade surges ahead in tech IT, fintech, expert services, commercial ops, and higher education.
This FTA heralds expanded opportunities, job creation, and economic synergy. With Brexit behind it, the UK gains a vital Asian gateway via India, while New Delhi amplifies its global trade footprint.