Archive · 24 Jul 2025
India, UK Set to Sign Trade Deal During PM Modi's Visit
India and the UK are making a big trade deal!
They're planning to sign an agreement where it will be easier and cheaper for each country to trade goods.
For example, things made in India, like clothes and shoes, will be easier to sell in the UK.
Also, it will be cheaper to buy things from the UK, like cars and whiskey, in India.
They hope to double the amount of trade between the two countries, and make a lot more money by 2030!
This deal will also help Indian workers and businesses in the UK.
India and the UK are set to sign a free trade agreement during PM Modi's UK visit.
The agreement aims to remove taxes on exports like leather and clothing and reduce import costs for whisky and cars.
The deal targets doubling trade between the two countries to $120 billion by 2030.
99% of Indian products will have duty-free access to the UK market.
A double contribution convention has been sealed, exempting employers of Indian workers from social security contributions.
- Who
- India and the UK.
- What
- A free trade agreement between India and the UK.
- When
- Signed during PM Modi's visit to the UK on July 24.
- Where
- The UK
- Why
- To increase trade and economic cooperation.
- Trade Agreement Goal
- Double trade to $120 billion by 2030
- Indian Exports to UK
- $14.5 billion (2024-25)
- Indian Imports from UK
- $8.6 billion (2024-25)
- UK Investment in India
- $36 billion
- Indian companies in UK
- 1,000