Trade Deal
Economy
C
CNBC Awaaz15-02-2026, 20:12

India-UK Trade Deal Set for April 2026 Implementation, Boosts Bilateral Trade

  • The Free Trade Agreement between India and the UK is expected to be implemented from April 2026.
  • This agreement aims to significantly boost bilateral trade and market access for Indian exporters.
  • 99 percent of India's exports will enter the UK market at zero duty, while India will reduce tariffs on certain British goods.
  • The deal includes immediate tariff reduction on Scotch whisky and phased reduction on automobiles.
  • The agreement targets doubling India-UK trade to $56 billion by 2030 and requires UK Parliament approval.

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