How Indian economy stands to gain from FTA with UK

Modi, Starmer discuss

GN Bureau | July 24, 2025


#Diplomacy   #Economy   #Trade   #UK   #Narendra Modi  


India and the UK signed a landmark Comprehensive Economic and Trade Agreement (CETA) on Thursday, as the visiting prime minister, Narendra Modi, and his UK counterpart Keir Starmer discussed Technology Security Initiative, defence & security, energy & climate, education and people-to-people ties too. 

Modi met Starmer at the Chequers Estate in London and they reviewed the Comprehensive Strategic Partnership with a renewed focus under India–UK Vision 2035. They also discussed regional & global issues of mutual interest, according to an official statement.

“Thankful to PM Keir Starmer for the warm welcome at Chequers,” Modi noted in an X post. “Our discussions reflect a shared commitment to deepen India-UK ties across sectors.”

In a statement, he expressed happiness at the conclusion of the Comprehensive Economic and Trade Agreement. He called it "not just an economic partnership but a blueprint for shared prosperity". 

This is how India stands to gain from the treaty:

* Strengthens manufacturing & exports, supports MSME growth, creates massive job opportunities
* Big overseas avenues open up for India’s skilled workforce
* Strengthens supply chain resilience, fosters tech collaboration
* Promotes digital transformation, cross-border innovation

Massive Export Boost:

* Duty Free Access for about 99% of Indian exports
* Nearly 100% of India’s trade value to be DUTY FREE

Empowering women and young professionals


➣ First-ever trade deal with gender inclusive provisions for women 

➣ 75,000 Indian workers exempted from UK social security payments for 3 years 

India-UK FTA: Unlocking new opportunities for trade, growth, and global leadership 

➣ #MakeInIndia gets a fast track to the global market

➣ $56 Billion+ trade set to double by 2030

➣ 99% of Indian exports to the UK will enjoy zero duty access

➣ Boost to India's chemical exports by 30-40%

India-UK Free Trade Agreement opening new gateways for growth across key sectors! 

➣ Jewellery exports expected to double within 2-3 days

➣ Zero-duty access to the UK for Indian electronics

➣ UK tariffs eliminated, improving price realization for Indian seafood exporters  

➣ #UK to offer duty-free access on 95%+ agri tariff lines

➣ 1,659 engineering tariff lines will now enter the UK with zero import duties

➣ Zero-tariff provisions to enhance the competitiveness of Indian generics in the UK market

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