 "india uk fta free trade")
In a significant concession to the United Kingdom (UK) under the just-concluded free trade agreement (FTA), India has granted “legally guaranteed access” to its vast government procurement market. This will allow British businesses to bid for around 40,000 Indian tenders with a value of at least 38 billion pounds a year, according to the UK government.
“For the first time, the UK businesses will be able to compete for a broad variety of goods, services and construction procurements, for a majority of central government entities in India, as well as for several of India’s federal state-owned enterprises at thresholds lower
