NEW DELHI : The recently finalised free-trade agreement (FTA) between India and the United Kingdom (UK) will not only boost Indian exports and increase the mobility of Indian workers in the UK but also support India’s economy through higher remittances and domestic spending noted a report by S&P Global Market Intelligence.
In 2024, Indian workers abroad sent home around USD 130 billion, making up 3.3 per cent of the country’s GDP.
UK remains the third-largest source of these remittances, after the US . . .
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