It’s a dynamic time for global trade, with Prime Minister of India, Narendra Modi, and Prime Minister of the UK, Keir Starmer signing a Free Trade Agreement on 24 July, 2025.
The agreement promises to cut tariffs on British exports to India by over £400m, boosting trade between the two countries by an additional £25.5bn a year by 2040 – undoubtedly marking a pivotal moment in bilateral trade.
Business leaders have strongly welcomed the signing of the UK-India Free Trade Agreement, as Business and Trade Secretary, Jonathan Reynolds and India’s Commerce and Industry Minister, Piyush Goyal, signed the landmark trade deal.
The £4.8bn trade deal will unlock economic growth for each region and nation of the UK, and is widely backed by large and small businesses across aerospace, financial and professional services, food and drink, and the automotive sector.
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