Archive · 24 Jul 2025
India and UK Sign Landmark FTA, Aiming to Double Trade by 2030
India and the UK have made a big trade deal!
This means it will be easier and cheaper for both countries to trade goods and services.
The goal is to double trade by 2030.
For example, Scotch whisky will get cheaper in India.
The countries also made a plan called 'Vision 2035' for working together on things like defense, technology, and climate change.
This should bring more jobs and make life better for people in both countries.
India and the UK signed a Comprehensive Economic and Trade Agreement (CETA).
The CETA aims to double bilateral trade by 2030, to $112 billion.
Scotch whisky tariffs will be halved from 150% to 75% initially.
The 'India-UK Vision 2035' was endorsed to guide bilateral ties for the next decade.
PM Modi met with King Charles at Sandringham House.
- Who
- India's Prime Minister Narendra Modi and UK's Prime Minister Keir Starmer.
- What
- India and the UK signed a Comprehensive Economic and Trade Agreement (CETA) and endorsed the 'India-UK Vision 2035'.
- When
- The FTA was signed on Thursday.
- Where
- The signing took place in the UK.
- Why
- To boost bilateral trade, investment and cooperation in various sectors.
India's Domestic Alcoholic Beverage Industry
UK Distillers
Tariff reduction on Scotch whisky
India's Domestic Alcoholic Beverage Industry
Concerned about potential dumping of Scotch whisky.
UK Distillers
Scotch distillers in the UK welcome the tariff reduction and increased access to the Indian market.
- Trade Agreement
- Comprehensive Economic and Trade Agreement (CETA)
- Vision
- India-UK Vision 2035
- Expected Trade Increase by 2030
- $112 billion
- Scotch Tariff Reduction
- From 150% to 75% initially
- FTA's Aim
- To boost bilateral trade and investments
Sources
India, UK sign ‘historic’ free trade deal which will double trade by 2030
India-UK CETA: Scotch whisky imports to get cheaper now with tariffs halved to 75%
First visuals! PM Modi meets King Charles at Sandringham House hours after India-UK ink FTA