July 24, 2025 6:39 PM

Industry leaders hail game changing India-UK free trade agreement

Prime Minister Narendra Modi and his British counterpart Keir Starmer on Thursday signed the eagerly-awaited India-UK Free Trade Agreement (FTA), marking a landmark moment in the bilateral economic relationship. As part of the historic pact, the UK will reduce duties on 99 per cent of Indian exports, while India will lower tariffs on 90 per cent of British goods, significantly easing tariff barriers and regulatory procedures across multiple sectors. The agreement is expected to make imported g...