Archive · 23 Jul 2025
India-UK FTA: PM Modi Leads Business Delegation to the UK
Imagine India and the UK want to trade more stuff with each other, like clothes, cars, and medicine.
The Prime Minister of India, along with many important business leaders, went to the UK to make a deal.
This deal, called the FTA, will make it easier and cheaper for businesses in both countries to trade.
They hope to sign the FTA soon.
If it works, it will help both countries' businesses grow by making it easier to sell things and reducing taxes on goods going between the two countries.
Both countries expect to see increased trade in many sectors.
Indian Prime Minister Narendra Modi led a delegation of top Indian CEOs to the UK.
The visit included discussions with UK industrialists aimed at strengthening economic partnerships.
The India-UK Free Trade Agreement (FTA) is hoped to be formally signed during the visit.
The FTA is expected to double bilateral trade by 2030, with tariff eliminations for many products.
The agreement aims to boost exports and ease mobility for Indian businesses and professionals.
- Who
- Indian Prime Minister Narendra Modi, accompanied by CEOs from major Indian companies, and UK Prime Minister Keir Starmer.
- What
- A high-powered business delegation accompanied the Indian Prime Minister to the UK to discuss and potentially sign the India-UK Free Trade Agreement.
- When
- The visit took place this week.
- Where
- The United Kingdom.
- Why
- To further enhance economic partnership, foster growth, create jobs, and finalize the India-UK Free Trade Agreement.
- Key Attendees
- Narendra Modi, Keir Starmer, Piyush Goyal, and CEOs of various Indian companies
- FTA Goal
- To double bilateral trade by 2030
- Tariff Reduction
- Elimination of tariffs on approximately 99% of tariff lines by the UK
- Potential Gains
- Increased exports for both countries and streamlined regulatory approvals
- Expected Outcomes
- Growth in trade for garments, textiles, gems, pharmaceuticals, leather, auto components, spices, tea, and processed foods.