Saturday, May 10, 2025 | 07:07 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

'US-UK FTA can serve as launch pad for Indian firms to enter US mkt'

MEA's Dammu Ravi says Indian firms can leverage the US-UK trade pact to expand into American markets, but cautions on supply chain gaps and infrastructure hurdles

trade, tariff
Premium

While the market size of the UK is small, the US-UK FTA offers Indian-owned automakers and other businesses operating in Britain significant potential

Subhayan Chakraborty New Delhi

Listen to This Article

The latest comprehensive trade agreement inked between the US and the UK also opens a window of opportunity for Indian companies which can use it as another launching pad to enter the American market, said Dammu Ravi, Secretary (Economic Relations) at the Ministry of External Affairs.
 
While the market size of the UK is small, the US-UK FTA offers Indian-owned automakers and others operating in Britain a big opportunity, Ravi said on Friday. He was speaking at the annual general meeting of the Public Affairs Forum of India.
 
One of the firms expected to reap benefit from this treaty is

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in