Latest Updates on India UK Free Trade deal

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

India-UK trade pact origin rules notified ahead of July 15 rollout

The finance ministry has notified rules for determining the origin of goods under the India-UK trade pact, clearing the way for the agreement's implementation from July 15

Free trade agreements to give major boost to toy exports: Industry

The series of free trade agreements (FTAs) finalised by India, including the ones with the UK and the European Union, will give a major boost to toy exports, according to industry officials. Under the free trade agreements with the EU and UK, Indian toys will get zero duty access, Toy Association of India Chairman Manu Giota said. At present, the products face about 5-6 per cent import duty in these two markets. "These FTAs will catapult us into the major league, he said, adding that these markets account for about 16 per cent of the country's total toy exports, which stood at USD 0.35 billion in 2024. India signed a trade pact with the UK last year, and it will come into force from July 15. The agreement with the 27-nation EU is likely to be signed by December this year and may be implemented next year. Gupta, who is also the CEO of Playgro Toys India, said that huge investments are coming into the sector due to the business-friendly policies of the Narendra Modi-led ...

Transformational growth prime focus of FTA with UK, says Piyush Goyal

Transformational growth should be the prime focus of the India-UK Free Trade Agreement (FTA), Commerce and Industry Minister Piyush Goyal told business leaders at a plenary session in London on Friday. The minister is in the UK on a three-day visit to review the preparedness of both countries for the implementation of the Comprehensive Economic and Trade Agreement (CETA), which comes into force on July 15. During an interactive event organised by the High Commission of India in London, Goyal heard from members of a Federation of Indian Commerce and Industry-led delegation on the sector-wide opportunities on offer from CETA, such as advanced manufacturing, consumer goods, renewable energy, healthcare and tourism. "Collaborations, cooperations, partnerships will be, in my humble opinion, the right way to come in quickly for both British businesses and Indian businesses," Goyal told the gathering. "It will wedge your way faster; not compulsory, of course, your choice. If you are ...

FTA with UK most comprehensive agreement so far, says Piyush Goyal

The Free Trade Agreement (FTA) with the UK is the most comprehensive agreement that India has entered into so far and "sky is the limit" in terms of the economic benefits that will flow from it, Commerce and Industry Minister Piyush Goyal said here Thursday. The minister arrived in the UK on a three-day visit to review the preparedness of both countries for the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA), which will enter into force from July 15. Addressing the India Global Forum (IGF) UK-India Week at the start of his tour, the minister exhorted businesses in both countries to "seize the moment" and set ambitious targets to boost the estimated 48-billion-pound annual bilateral trading partnership on the back of CETA. "The UK free trade agreement will be the first most comprehensive agreement that India has entered into so far," said Goyal. "It's a partnership between two complementary economies, two growing economies. We understand each other,

India-UK trade pact opens premium vehicle market, protects EV push

JLR says local manufacturing plans remain unchanged as India opens its premium vehicle market to British imports while protecting lower-cost EV segments

India-UK trade pact: What changes for autos, whisky, textiles, steel

Here are the key takeaways from the India-UK trade deal, from lower tariffs on cars and Scotch whisky to duty-free textile access, social security relief for professionals and steel export safeguards

India to allow import of 378K UK cars on lower duty in 15 yrs of trade pact

India will allow the 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. Under the pact, tariffs on automotive imports will fall from about 110 per cent to 10 per cent, with quotas on both sides. According to the India-UK CETA document, released on Wednesday, India will get access to the UK's electric, hybrid/hydrogen passenger cars segment with duty-free exports to that country from the sixth year in the price segment ranging from GBP 20,000 to GBP 80,000, with the total quota reaching a peak of 88,000 units from the 15th year and continuing in the subsequent years. This will benefit Indian manufacturers such as Tata Motors Passenger Vehicles, Mahindra & Mahindra, and Maruti Suzuki, among others. The two countries announced the implementation of the comprehensive trade and economic partnership ...

Stock alert: Gokaldas, Indo Count, Himatsingka, Kitex rally up to 6%

Textile stocks in focus: The British High commissioner cleared the India-UK Free Trade Agreement, and will come into force from July 15, 2026, say reports.

India-UK landmark free trade pact to come into force from July 15

Alongside the trade pact, the Double Contribution Convention will also take effect, easing social security obligations for temporary cross-border workers