{"id":9302,"date":"2025-08-05T11:56:45","date_gmt":"2025-08-05T11:56:45","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=9302"},"modified":"2025-08-05T12:01:29","modified_gmt":"2025-08-05T12:01:29","slug":"india-uk-fta-recently-signed-by-pm-modi","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/india-uk-fta-recently-signed-by-pm-modi\/","title":{"rendered":"India\u2013UK FTA recently signed by PM Modi"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9303\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-07-25-at-11.01.51-AM.jpeg\" alt=\"India\u2013UK FTA recently signed by PM Modi \" width=\"1290\" height=\"1569\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-07-25-at-11.01.51-AM.jpeg 1290w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-07-25-at-11.01.51-AM-247x300.jpeg 247w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-07-25-at-11.01.51-AM-842x1024.jpeg 842w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-07-25-at-11.01.51-AM-768x934.jpeg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-07-25-at-11.01.51-AM-1263x1536.jpeg 1263w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-07-25-at-11.01.51-AM-800x973.jpeg 800w\" sizes=\"(max-width: 1290px) 100vw, 1290px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69dcf50233a38\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69dcf50233a38\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/india-uk-fta-recently-signed-by-pm-modi\/#India%E2%80%93UK_FTA_recently_signed_by_PM_Modi\" title=\"India\u2013UK FTA recently signed by PM Modi \">India\u2013UK FTA recently signed by PM Modi <\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/india-uk-fta-recently-signed-by-pm-modi\/#Historic_Agreement_Sealed\" title=\"Historic Agreement Sealed\">Historic Agreement Sealed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/india-uk-fta-recently-signed-by-pm-modi\/#Indias_Gains\" title=\"India\u2019s Gains:\">India\u2019s Gains:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/india-uk-fta-recently-signed-by-pm-modi\/#Giveaways_to_UK\" title=\"Giveaways to UK:\">Giveaways to UK:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/india-uk-fta-recently-signed-by-pm-modi\/#India%E2%80%93UK_Trade_Snapshot\" title=\"India\u2013UK Trade Snapshot:\">India\u2013UK Trade Snapshot:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/india-uk-fta-recently-signed-by-pm-modi\/#Other_Notable_Highlights\" title=\"Other Notable Highlights: \">Other Notable Highlights: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/india-uk-fta-recently-signed-by-pm-modi\/#In_summary_Tarrif_on_Indian_Exports_after_UK_FTA\" title=\"In summary : Tarrif on Indian Exports after UK FTA\">In summary : Tarrif on Indian Exports after UK FTA<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"India%E2%80%93UK_FTA_recently_signed_by_PM_Modi\"><\/span><span style=\"color: #000080;\">India\u2013UK FTA recently signed by PM Modi <\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>India\u2013UK Free Trade Agreement recently signed by PM Narendra Modi and UK PM Keir Starmer after 3 years of negotiations. Here&#8217;s a clear breakdown of its implications:<\/p>\n<p>As per Shri Piyush Goyal:\u201cThis CETA marks a milestone in the trade relations between two major economies&#8230; It unlocks tariff-free access on 99% of Indian exports, enhances mobility, and strengthens the \u2018Make in India\u2019 vision. It will benefit artisans, workers, MSMEs, startups, and innovators\u2014safeguarding India\u2019s core interests while accelerating inclusive growth.\u201d<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Historic_Agreement_Sealed\"><\/span><span style=\"color: #000080;\"><strong>Historic Agreement Sealed<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In a landmark achievement, India and the UK signed the Comprehensive Economic and Trade Agreement (CETA), heralding a new era of economic cooperation under the visionary leadership of Prime Minister Shri Narendra Modi and UK Prime Minister Sir Keir Starmer. Key Features of the India\u2013UK CETA<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Indias_Gains\"><\/span><span style=\"color: #000080;\">India\u2019s Gains:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Nil duty on 99% of Indian goods exported to the UK.\u00a0Zero duty on key labor-intensive exports like: Gems &amp; Jewellery, Leather, Chemicals and Major export categories to benefit\u00a0MarineAgricultureEngineering goodsMedical devicesPharmaToys,\u00a0\u00a0Geographical Indication (GI) &amp; IP protection boost. FTA boost for local goods like\u00a0Kolhapuri chappalsKanchipuram sareesShahi litchi, makhana,<\/li>\n<li>3-year exemption from UK social security payments for 75,000 Indian workers.<\/li>\n<li>Easier mobility for yoga teachers, chefs, musicians.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Giveaways_to_UK\"><\/span><span style=\"color: #000080;\">Giveaways to UK:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>India to cut levies on 90% of UK goods.\u00a0Average tariff on UK products drops from 15% to 3%.<\/li>\n<li>Tariff on scotch whisky &amp; gin: Cut from 150% \u2192 75% and Then down to 40% over 10 years<\/li>\n<li>Auto imports (like British luxury cars &amp; EVs): Tariffs down to 10% from 100%+ under quota system.\u00a064% of UK tariff lines eligible for tariff-free imports (e.g. aircraft parts, fresh\/frozen salmon),\u00a0Tariff on perfumes &amp; cologne cut from 20% \u2192 10%<\/li>\n<\/ul>\n<p>What Gets Cheaper for Indian Consumers: Scotch whisky, British luxury cars &amp; EVs, Cosmetics, Chocolates, soft drinks, non-alcoholic beer, Biscuits<\/p>\n<h3><span class=\"ez-toc-section\" id=\"India%E2%80%93UK_Trade_Snapshot\"><\/span><span style=\"color: #000080;\">India\u2013UK Trade Snapshot:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 281px;\" width=\"726\">\n<thead>\n<tr>\n<td>Year<\/td>\n<td>Exports ($B)<\/td>\n<td>Imports ($B)<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>2022\u201323<\/td>\n<td>11<\/td>\n<td>9<\/td>\n<\/tr>\n<tr>\n<td>2023\u201324<\/td>\n<td>13<\/td>\n<td>8<\/td>\n<\/tr>\n<tr>\n<td>2024\u201325<\/td>\n<td>15 (projected)<\/td>\n<td>9 (projected)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Other_Notable_Highlights\"><\/span><span style=\"color: #000080;\"><strong>Other Notable Highlights: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>First inclusion of Trade &amp; Gender chapter in an Indian FTA.\u00a0FTA benefits extended to Goa\u2019s feni, Nashik wines, and Kerala toddy.\u00a0Boost to sports gear exports like soccer balls, cricket gear, non-electronic toys<\/p>\n<p>Unprecedented Market Access : Zero-duty access on 99% of tariff lines for Indian exports to the UK.\u00a0Covers nearly 100% of total trade value, unlocking significant export potential.<\/p>\n<p>Boost for Labour-Intensive Sectors : Major benefits for sectors including Textiles, Leather &amp; Footwear, Gems &amp; Jewellery, Marine Products, Toys &amp; Sports Goods, Engineering Goods, Auto Components, Organic Chemicals<\/p>\n<p>Ambitious Services Commitments : First-of-its-kind UK commitment covering IT &amp; ITeS, Financial, Legal &amp; Professional Services,\u00a0Education, Telecom, Consulting,\u00a0Architecture &amp; Engineering,\u00a0Supports job creation, innovation, and higher-value service exports.<\/p>\n<p>Enhanced Global Mobility for Indian Professionals : Streamlined visa and entry pathways for Contractual Service Suppliers, Intra-Corporate Transferees, Business Visitors, Independent Professionals (e.g., yoga instructors, chefs, musicians)<\/p>\n<p>Double Contribution Convention\u00a0 \u2013 Major Breakthrough is Exemption from UK social security contributions for Indian workers and their employers for up to 3 years. Boosts take-home pay and cost efficiency for Indian companies deploying talent to the UK.<\/p>\n<p>Inclusive and Sustainable Growth : Provisions to empower Women &amp; youth entrepreneurs, Startups &amp; MSMEs, Farmers &amp; fishermen &amp;\u00a0Promotes access to global value chains, reduces non-tariff barriers, and supports innovation &amp; sustainability.<\/p>\n<p>Trade Impact &amp; Outlook : Bilateral trade currently stands at USD 56 billion., Joint target: Double trade volume by 2030., Expected to significantly boost job creation, exports, and economic resilience.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"In_summary_Tarrif_on_Indian_Exports_after_UK_FTA\"><\/span><span style=\"color: #000080;\">In summary : Tarrif on Indian Exports after UK FTA<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Marine Products: 20% \u279d 0%<br \/>\nArms\/Ammunition: 2% \u279d 0%<br \/>\nElectrical Machinery: 14% \u279d 0%<br \/>\nGems &amp; Jewellery: 4% \u279d 0%<br \/>\nLeather\/Footwear: 16% \u279d 0%<br \/>\nProcessed Food: 70% \u279d 0%<br \/>\nTextiles: 12% \u279d 0%<br \/>\nAuto\/Transport: 18% \u279d 0%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2013UK FTA recently signed by PM Modi India\u2013UK Free Trade Agreement recently signed by PM Narendra Modi and UK PM Keir Starmer after 3 years of negotiations. Here&#8217;s a clear breakdown of its implications: As per Shri Piyush Goyal:\u201cThis CETA marks a milestone in the trade relations between two major economies&#8230; It unlocks tariff-free access &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[642],"tags":[1199],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/9302"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=9302"}],"version-history":[{"count":3,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/9302\/revisions"}],"predecessor-version":[{"id":9306,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/9302\/revisions\/9306"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=9302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=9302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=9302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}