India–UK Trade Pact: A Big Boost for Agriculture, Textiles & Engineering
India and the United Kingdom have signed a landmark Comprehensive Economic Trade Agreement (CETA), a bilateral Free Trade Agreement aimed at removing tariff barriers and enhancing sectoral cooperation.
This deal is a strategic milestone, especially for India. Here’s why:
🔹 Agriculture Exports: With duty-free access, India's farm exports to the UK—currently just $811 million out of $36 billion—could grow by 20%, boosting farmers’ incomes and rural livelihoods.
🔹 Textiles & MSMEs: Tariff reductions will help Indian textiles and small manufacturers compete more effectively with countries like Bangladesh and Cambodia in the UK market.
🔹 Engineering Goods: Lowered duties on electrical machinery and industrial components open new channels for Indian engineering exports to the UK.
At the same time, the UK gains entry for:
Premium automobiles (e.g. Jaguar, Land Rover)
Whisky, with duties reduced from 150% to as low as 40%
Aerospace parts and medical devices
The agreement also includes safeguards:
No tariff concessions were given on sensitive Indian sectors like dairy, apples, oats, and edible oils—ensuring protection for local industries.
While the full impact will unfold over time, this pact reflects a post-Brexit UK seeking stronger bilateral ties and an India ready to scale global markets with focused strategic cooperation.
This isn’t just a trade agreement—it’s an opportunity for transformation.
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