Archive · 24 Jul 2025
India-UK Trade Deal: FTA to Boost Engineering Exports, Ties
India and the UK have made a trade deal to help both countries.
They want to increase trade between them, hoping to reach $120 billion by 2030.
Indian businesses will be able to sell more products to the UK.
Some products, like machines, cars, and medical devices, will not have tariffs anymore.
This should help Indian companies make more money.
During a speech about the deal, a translator had some trouble, but the Prime Ministers stepped in to help keep things moving smoothly.
India and the UK signed a Free Trade Agreement (FTA).
The agreement aims to double bilateral trade to $120 billion by 2030.
India's engineering exports to the UK are expected to almost double, from $4.28 billion to over $7.5 billion by 2029-30.
Key sectors set to benefit from tariff elimination include industrial machinery, automotive products, non-ferrous metals, medical devices, aerospace and defence, and renewable energy equipment.
A translator struggled during a speech, with Prime Minister Modi and UK Prime Minister Starmer helping to recover.
- Who
- India and the United Kingdom
- What
- India and the UK signed a Free Trade Agreement (FTA).
- When
- Recently
- Where
- Between India and the United Kingdom.
- Why
- To boost trade and economic ties between the two countries.
Industry View
Governmental Position
Industry Reaction
Industry View
Indian industry across all sectors welcomes the India-UK FTA with great optimism.
Governmental Position
N/A
- FTA Goal
- Double bilateral trade to $120 billion by 2030
- Engineering Export Increase
- From $4.28 billion to over $7.5 billion (by 2029-30)
- Indian Companies in UK
- Over 970
- Jobs Provided by Indian Companies in UK
- Around 1.1 million
