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Home > All news > Export Import, Trade > India–UK FTA Finalised: A Transformational Milestone for Indian Trade and Global Integration, says President, FIEO

India–UK FTA Finalised: A Transformational Milestone for Indian Trade and Global Integration, says President, FIEO

May 7, 2025
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India–UK FTA Finalised: A Transformational Milestone for Indian Trade and Global Integration, says President, FIEO

New Delhi - The Federation of Indian Export Organisations (FIEO) warmly welcomes the finalisation of the historic India–United Kingdom Free Trade Agreement (FTA), a landmark step that will significantly boost bilateral trade, attract strategic investments, and further integrate Indian businesses into the global value chain.

This agreement comes at a pivotal time, said Mr Ralhan, when India is positioning itself as a resilient and reliable trade partner in a rapidly evolving global landscape. The FTA reflects the shared economic vision of both countries and sets the stage for a mutually beneficial, sustainable, and forward-looking trade relationship.

The India–UK FTA eliminates or significantly reduces tariffs on a wide range of Indian goods, giving our exporters preferential access to one of the world’s most affluent and consumption-driven markets. Key sectors poised to benefit include: Textiles & Apparel: Removal of tariffs will enhance India’s competitiveness against countries like Bangladesh and Vietnam; Leather & Footwear: Increased access to high-end UK retail markets; Gems & Jewellery: A boost for India’s handcrafted and diamond processing exports; Pharmaceuticals: Streamlined regulatory processes will accelerate generic drug approvals; Agriculture & Processed Foods: Better access for value-added products, including tea, spices, rice, and ready-to-eat segments.

It will also boost services such as IT & Professional Service through mobility for professionals and reduced barriers for services exports, added FIEO Chief. 

The FTA includes provisions on investment facilitation, intellectual property, digital trade, and dispute resolution—offering long-term predictability to UK investors. This will further strengthen India’s position as a preferred investment destination in the Indo-Pacific region, added Mr Ralhan.

President FIEO believes that the India–UK FTA is a game changer. It will catalyse a new era of trade-led growth, open new doors for Indian exporters, deepen economic integration, and enhance our role in the global economy. We urge Indian businesses - especially MSMEs - to proactively tap into the opportunities offered by this agreement and expand their global footprint.

We look forward to working closely with the Government of India and industry stakeholders to ensure effective implementation and maximise the benefits from this path-breaking trade pact.

Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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