Explainer: India-UK free trade agreement — all you need to know

India and the UK have concluded negotiations for a free trade agreement, aiming to double bilateral trade to USD 120 billion by 2030. The pact eliminates import duties on 99% of Indian goods entering the UK, while India safeguards sensitive sectors.

The US-UK trade deals offer insights into potential US trade approaches with India, cautioning Indian negotiators about prioritizing tariff-focused, transactional arrangements over comprehensive FTAs. GTRI warns India to anticipate US pressure for tariff reductions on agricultural products and eased FDI restrictions. It emphasizes the need for reciprocal, equitable trade deals that protect India’s interests.

India’s plastic credit market is projected to reach $1.67 billion by 2030, driven by extended producer responsibility mandates requiring recycled content in plastic packaging. While this boosts recycling, challenges persist in procuring quality plastic at the right price and managing reverse logistics. Experts emphasize the need for efficient collection systems to support recyclers and ensure […]

The India-UK Free Trade Agreement aims to strengthen economic ties, benefiting Indian exports like textiles and UK exports like Scotch whisky. While tariffs on UK automotive imports will decrease gradually with quotas, sensitive agricultural and industrial goods are excluded to protect domestic industries.

India’s Free Trade Agreements (FTAs) are enhancing its competitiveness against major markets like the USA and China, with exports reaching a record USD 825 billion in 2024-25. The FTA with the UK is expected to double trade by 2030, creating jobs and boosting exports, potentially paving the way for agreements with the US and EU.

India and New Zealand are currently engaged in discussions for a potential Free Trade Agreement. These talks aim to enhance trade and investment between the two nations. Negotiations resumed in March 2025 after a decade-long pause. The FTA seeks to unlock new opportunities for businesses and consumers. Disparities in tariff structures and demands for dairy […]

India and the UK have finalized a free trade agreement. It aims to double commerce by 2030. The deal lowers tariffs on Indian exports. British firms will find it easier to export to India. Duty reductions on cars will occur over 10-15 years. Quotas will limit petrol, diesel, and electric vehicle imports. The FTA offers […]

British Prime Minister Keir Starmer announced a historic trade deal with the US, following a similar agreement with India. The US deal, finalized after a call with President Trump, cuts car export tariffs and eliminates steel tariffs, benefiting UK carmakers, steelworks, and farmers. The agreement also paves the way for future UK-US technology partnerships in […]

India will gradually lower import duties on specific medical devices from the sixth year onward under its free trade agreement with the UK, prioritizing domestic manufacturing. This decision balances consumer needs with the ‘Make in India’ initiative.

India and the UK have finalized a trade agreement. It excludes minimum import prices on British liquor. Import duties on Scotch whisky will decrease gradually over ten years. This move aims to boost Indian exports to the UK. It will also attract foreign investment in the liquor sector. The agreement anticipates increased revenue and better […]