Archive · 24 Jul 2025
Starmer's FTA with India Set to Boost Jobs and Growth
The UK and India are making a big trade deal, like friends agreeing to buy and sell things more easily.
This means cheaper clothes, food, and other items for people in the UK because of lower taxes on these products.
Businesses in both countries are also investing billions.
They will work together on things like defense and clean energy.
This should create new jobs and make it easier for companies to do business with each other.
The government thinks this will boost the economy and make life better for everyone.
Keir Starmer and Narendra Modi are set to sign a Free Trade Agreement (FTA).
The FTA aims to cut tariffs, potentially lowering prices on various goods.
Nearly GBP 6 billion in new investment and export developments are expected.
The deal includes a renewed Comprehensive and Strategic Partnership.
The UK aims to increase exports to India by nearly 60% in the long run.
- Who
- Keir Starmer (UK Prime Minister) and Narendra Modi (Indian counterpart).
- What
- Free Trade Agreement (FTA) and Comprehensive and Strategic Partnership between the UK and India.
- When
- Announced during Narendra Modi's visit, talks held on Thursday.
- Where
- UK, at Chequers.
- Why
- To boost trade, investment, and collaboration between the UK and India.
UK Perspective
Indian Perspective
Job Creation and Growth
UK Perspective
Increase in jobs and better economic situation.
Indian Perspective
Not enough information provided.
- Agreement
- Free Trade Agreement (FTA)
- Investment & Exports
- Nearly GBP 6 billion
- India's Average Tariff Reduction
- From 15% to 3%
- Whiskey Tariff Reduction
- 150% to 75% immediately, further reduced to 40% in 10 years
- Expected UK Export Increase
- Nearly 60% in the long run
- Expected Bilateral Trade Increase
- Nearly 39% in the long run