BS EDIT: India–UK FTA: A New Era in Trade Begins

By Business StandardPublished On May 8, 2025

Deal Highlights

Zero/low tariffs for Indian exports

Cheaper UK goods for Indian consumers

More access to government contracts

What Gets Cheaper

British goods to cost less in India:

Automobiles

Whisky & gin

Premium lamb

Professionals Benefit

No dual social security payments

No major visa relaxations

Labour mobility, not migration

Still Pending

Limited services access

Legal sector excluded

Investment treaty yet to come

What’s at Stake

India must:

Avoid US tariff return

Finalise US trade deal by Fall

Conclude EU pact by year-end

What Comes Next?

Avoid US duty reimposition

Conclude India–US trade deal by Fall

Finalise EU FTA by year-end for real export push