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India-UK FTA deal to result in increased exports; benefit textile, auto ancillary and pharma sectors among others

Published on 07/05/2025 11:25 AM

In a significant milestone, India has successfully concluded a free trade agreement or FTA with the United Kingdom (UK), following three years of negotiations. 

First, here is a brief about the foreign trade agreement between India and the UK

Prime Minister Narendra Modi said that the landmark agreements will further deeper the comprehensive strategic partnership between the two countries.Delighted to speak with my friend PM @Keir_Starmer. In a historic milestone, India and the UK have successfully concluded an ambitious and mutually beneficial Free Trade Agreement, along with a Double Contribution Convention. These landmark agreements will further deepen our…

— Narendra Modi (@narendramodi) May 6, 2025

Amid the ongoing trade war turbulence, India-UK FTA deal is viewed to be very positive. Experts remark that India is set to benefit in two ways-

1. The deal is very positive for sectors that increase employment.

2. Also, there is a huge possibility of an increase in exports.

Sectors to benefit from India-UK FTA agreeement

1. Textile

2. Gems and Jewellery

3. Auto Components

4. Pharma

5. Agri Process Food

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