Latest Updates on India UK Free Trade deal

Why is India's probe of Scotch imports from Britain rattling liquor majors?

Centre is arguing privately with companies - from Diageo and Pernod to Radico Khaitan and Allied Blenders and Distillers - that their bulk Scotch imports do not qualify for the lower 75% tariff

Govt to meet liquor firms as bulk Scotch tariff row threatens UK trade pact

The ministry did not immediately respond to a request for comment outside regular business hours on Saturday

India's Scotch probe of Diageo, Pernod undermines UK pact benefits: ISWAI

The liquor industry group representing Diageo and Pernod Ricard said that India's move to exclude bulk Scotch imports from the reduced tariff contradicts the trade pact

Tax dept probes Pernod, Diageo Scotch imports under UK trade pact

Tax officials are examining whether bulk Scotch imports qualify for lower duties under the India-UK pact, sources said. Pernod and Diageo said they were cooperating with authorities

UK trade delegation signs growth partnership with businesses in Maharashtra

The visiting delegation includes three Cabinet ministers, seven mayors and around 200 businesses and institutions, with over £1 billion in new deals expected

DGFT go-ahead for 7 firms to import 642 cars from UK under free trade pact

The commerce ministry's arm DGFT has approved applications of seven companies for the import of 642 cars for the remainder of this year from Britain under the tariff rate quota provisions of the India-UK free trade agreement, an official said on Wednesday. The Directorate General of Foreign Trade (DGFT) in July invited applications for the allocation of 2026 import quotas for fully-built passenger cars and goods vehicles under the duty concession provisions of the agreement. The applications were sought for a quota for about 5,000 units. "The directorate had received applications from eight companies. We have approved applications of seven. Quota has been approved for 642 cars," the official said. Under the India-UK Comprehensive Economic and Trade Agreement (CETA), which came into effect on July 15, New Delhi has allowed the import of a total of 3.78 lakh units of conventional-engine passenger cars, including those in the mass segment, from the UK at a concessional customs duty ...

Nitin Spinners: This textile stock hit new high, zoomed 104% from Jan low

Thus far in the calendar year 2026, Nitin Spinners outperformed the market by surging 96 per cent, compared to a 9.3 per cent decline in the BSE Sensex.

Access only begins the story; capability decides what comes next

From electronics and trade to global influence and forestry, today's opinion pieces argue that access creates opportunity, but capability determines lasting success

Weekly economy wrap: UK trade pact takes off as inflation risks rise

The India-UK trade pact took effect; government approved a ₹1.9 trillion electronics push, while inflation, the trade deficit and oil-linked policy risks moved higher

Datanomics: UK deal to strengthen India's steel exports with higher quotas

India has secured higher steel export quotas under the UK's safeguard regime through CETA, expanding duty-free access and strengthening its position in the UK market

India's pharma exports to UK may reach nearly $1 billion in FY27

Improved market access and zero tariffs under the India-UK trade agreement are expected to lift Indian pharmaceutical exports to over $980 million in FY27

India can export over 1.1 mn tonnes of steel duty-free to UK under CETA

Indian exporters will be able to ship over 11 lakh tonnes of steel annually to the UK duty-free under the free trade agreement, which came into force on Wednesday, through a combination of country-specific and residual quotas, an official said. The UK's March steel safeguard measures had become a major sticking point in implementing the Comprehensive Economic and Trade Agreement (CETA), which was signed on July 24, 2025. The resolution of the issue has paved the way for the implementation of the agreement from July 15. Overall, 188 steel items accounting for USD 137 million worth of steel exports from India to Britain were covered by these safeguard measures. India's total steel exports were USD 960 million in 2025. To protect the interest of our exporters, India engaged extensively with the UK side to mitigate the impact of the steel measure on India's exporters. Based on the consultations with stakeholders, India requested the UK for enhancing quota for India under the steel ...

India's duty-free steel exports to UK likely to be around $1 bn annually

A higher tariff-rate quota secured under the India-UK trade pact is expected to lift India's annual duty-free steel exports to the UK to around $1 billion

CBIC rolls out process to claim duty concessions under India-UK FTA

CBIC has outlined the operational framework for self-certification of origin under the India-UK trade pact, enabling importers to claim preferential tariff benefits from July 15

India-UK CETA: What changes for exporters and workers from July 15?

India and the UK's trade deal comes into force on July 15, lowering import duties on many Indian exports and offering social security relief for professionals

India-UK origin rules trust exporters; subject to verification later

India-UK FTA origin rules require exporters and importers to ensure strict compliance with sourcing, documentation and certification to claim tariff benefits

India must strengthen certification to take full advantage of UK FTA: GTRI

The India-UK free trade agreement opens market access but does not automatically translate into higher exports, and the country must strengthen standards, certification, logistics and buyer linkages to realise its full benefits, economic think tank GTRI said on Saturday. The India-UK Comprehensive Economic and Trade Agreement (CETA) will come into force from July 15. "Without parallel work on standards, certification, logistics, regulatory approvals and buyer networks, much of the opportunity will remain on paper. The agreement opens the door; India must now convert access into exports," the Global Trade Research Initiative (GTRI) said. Citing example, GTRI Founder Ajay Srivastava said while food exporters need better testing, traceability and compliance with UK sanitary and phytosanitary rules;machinery and electronics firms need certification, technology and stronger buyer links. Similarly automobile exporters must meet rules-of-origin and technical requirements; and the garment,

India lays out tariffs, quotas for UK autos under FTA, to cut levy to 10%

Industry sees no immediate disruption in premium segment

India notifies process to claim UK FTA tariff benefits on vehicle imports

India has notified the procedure for importers to seek government approval to avail quota-based duty concessions on imports of passenger cars and goods vehicles under the free trade agreement with the UK, which will come into force on July 15. Under the Comprehensive Economic and Trade Agreement (CETA), India will reduce import duties on automotive imports from about 110 per cent to 10 per cent, with quotas on both sides. India is allowing import of 3.78 lakh units of conventional-engine passenger cars, including those in the mass segment, from the UK at concessional customs duty during the first 15 years of the implementation of the trade pact between the two countries. "Procedure for allocation of Tariff Rate Quotas (TRQ) under India-UK (CETA) is notified," the Directorate General of Foreign Trade (DGFT) has said in a public notice dated July 9. It said that at the time of clearance of the import consignment, the importer in India has to produce a Certificate of Origin issued by

India-UK trade pact set to spur growth in both nations: UKIBC chief

There is already "euphoria" within industry over the possibilities opened up by the India-UK free trade agreement, and economic growth for both countries is an inevitable outcome of the pact coming into force this month, according to an industry expert. The UK-India bilateral Comprehensive Economic and Trade Agreement (CETA) was signed last year and will enter into force on July 15. Kishore Jayaraman, Group CEO of the UK India Business Council (UKIBC), said he remains "very bullish" about India and the UK being a "formative force into the future" as a result of the pact. "India offers capacity and capability, so scalability for businesses that want to scale up in the Indian market just gets that much easier," Jayaraman told PTI in an interview. "I think this is a celebration for SMEs, startups, and for creative people to scale themselves through the capacities and capabilities that India offers and go to the next level of their businesses," the industry leader said. "They should b