🇮🇳🤝🇬🇧 A New Era Begins: India–UK Free Trade Agreement Signed
In a historic move, Prime Ministers Keir Starmer and Narendra Modi officially signed the India–UK Free Trade Agreement on 24 July 2025, hailed as a “landmark deal that defies expectations.”
This transformative agreement marks a major post-Brexit milestone for the UK and a bold step toward economic openness for India. It promises to deepen bilateral trade, unlock new opportunities, and strengthen strategic ties between the two nations.
🔑 Key Highlights:
- UK tariffs on Indian goods reduced from 15% to just 3%
- 99% of Indian exports (textiles, food, gems, etc.) to UK now duty-free
- Tariff cuts on ~90% of UK exports to India, including whisky, electronics, and pharma
- Scotch whisky duties halved from 150% to 75% immediately (down to 40% by 2035)
- British car exports to India will see phased tariff reduction to 10% by 2031
This landmark FTA is more than a trade pact—it’s a powerful statement of shared ambition, set to reshape economic landscapes in manufacturing, technology, finance, and agriculture. It signals a bold new chapter in global collaboration, growth, and prosperity.
Source : https://www.facebook.com/share/p/1NK3ojPZq4/
