Archive · 24 Jul 2025
India-UK Free Trade Deal Set to Boost Trade and Investment
India and the UK are making a big trade deal!
They want to make it easier for businesses in both countries to sell things to each other.
This means fewer taxes on things like clothes, shoes, and whiskey.
They hope to double how much they trade, helping businesses and creating jobs.
The deal also helps women in business and promises more collaboration on important issues like climate and tech.
India and the UK are set to sign a Free Trade Agreement (FTA) aimed at doubling trade to $120 billion by 2030.
The FTA will reduce tariffs, allowing 99% of Indian exports duty-free access to the UK and slashing UK tariffs on many products.
The deal includes gender equality provisions and aims to boost opportunities for women in trade.
The agreement will foster collaboration in areas like defense, education, climate, technology, and innovation.
The UK expects the deal to boost its GDP and create jobs across the country.
- Who
- India and the United Kingdom.
- What
- A Free Trade Agreement (FTA) between India and the UK.
- When
- The FTA will be signed on July 24, 2025
- Where
- London, UK.
- Why
- To increase trade, create jobs, and boost economic growth.
UK's Perspective
India's Perspective
Benefits for the UK
UK's Perspective
The deal is a 'major win' for jobs and growth, bringing cheaper prices.
India's Perspective
N/A
Tariff Reductions
UK's Perspective
Companies will find it easier to sell to the Indian market.
India's Perspective
N/A
- Projected Trade Increase
- To $120 billion by 2030
- Indian Exports to UK (2024-25)
- $14.5 billion
- UK Imports from India (2024-25)
- $8.6 billion
- Average Tariff Reduction on UK Products
- From 15% to 3%
- UK Investment in India
- ~$36 billion
- Indian Companies in UK
- 1,000
- Indian Investment in UK
- $2 billion
