Archive · 23 Jul 2026
UK-India FTA Boosts Manchester for APAC Manufacturers
The UK-India Free Trade Agreement has started, which is expected to increase trade between the two countries by a lot by 2040.
Manchester, a city in the UK, is trying to attract manufacturers from Asia-Pacific to set up businesses there.
Manchester has many advantages like a strong workforce, lower costs, and good connections to other countries.
The agreement reduces taxes on machinery and other goods, making it easier for companies to do business.
Many Indian and Japanese companies have already invested in Manchester, creating jobs and strengthening ties between the UK and India.
A team from Invest Manchester will visit India to discuss more business opportunities.
The UK-India Free Trade Agreement came into force on 15 July 2026.
Manchester is positioning itself as a top destination for APAC manufacturers.
The agreement is projected to increase annual UK-India trade by £25.5 billion by 2040.
Manchester offers strategic advantages like infrastructure, talent, and lower operating costs.
Indian and Japanese companies have already invested significantly in Manchester, creating jobs and strengthening economic ties.
- Who
- Invest Manchester, APAC manufacturers, UK and Indian governments
- What
- UK-India Free Trade Agreement coming into force
- When
- 15 July 2026
- Where
- Manchester, UK
- Why
- To boost trade and investment between the UK and India, positioning Manchester as a strategic location for APAC manufacturers
Pro-FTA Perspective
Skeptical Perspective
Economic Benefits
Pro-FTA Perspective
The FTA will significantly boost trade and investment, benefiting both UK and Indian economies.
Skeptical Perspective
The long-term economic benefits are uncertain and may not materialize as projected.
Manchester's Appeal
Pro-FTA Perspective
Manchester offers strategic advantages for APAC manufacturers, including infrastructure, talent, and lower operating costs.
Skeptical Perspective
Other UK cities or regions may offer similar or better advantages, making Manchester's appeal overstated.
- FTA Effective Date
- 15 July 2026
- Projected Trade Increase
- £25.5 billion by 2040
- Manchester's Manufacturing Companies
- Over 8,000
- Manchester's Manufacturing Employees
- Over 115,000
- Indian Investment in North West England
- Over £1 billion
- Jobs Supported by Indian Investment
- Over 6,700
- Indian Origin Population in North England
- Nearly 540,000
- Japanese Investment in Manchester
- Nearly £118 million in 18 months