Archive · 10 Aug 2026

India's Startups Look to UK as Trade Deal Cuts Tariffs

India's Startups Look to UK as Trade Deal Cuts Tariffs

India and the United Kingdom made a big trade agreement that makes it easier for Indian companies to sell things in the UK.

The agreement removed some taxes that made products more expensive.

A company called GoodMelts makes nice-smelling things like candles, fragrances, and wax warmers.

Wax warmers heat wax so a room smells nice.

Before, these products had taxes as high as 30 or 40 percent.

Those taxes made it very costly to sell in the UK.

Now the taxes are gone, which saves the company a lot of money.

Vincy Saini, who helped start GoodMelts, says this has really opened up the UK market for the company.

Because of this, Indian startups see new chances to do business in the UK.

Sources