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India-UK Trade Deal: A Win-Win or a Careful Bargain?

Updated: May 11, 2025 15:40

Image Source: The Economic Times
India and the United Kingdom have finalized a free trade agreement, marking a significant step in their economic partnership. The deal, aimed at doubling bilateral trade to USD 120 billion by 2030, brings benefits for both nations while carefully balancing sensitive sectors.  
 
Trade Highlights:  
- Indian exports, including textiles, footwear, and marine products, will see tariff reductions, making them more competitive in the UK market.  
- British goods such as Scotch whisky and automobiles will enter India at lower duties, though tariffs on cars will be reduced gradually over 10-15 years.  
- Sensitive agricultural products like dairy, apples, and oats remain excluded from the agreement to protect Indian farmers.  
- The UK will benefit from increased access to India's growing consumer market, particularly in sectors like cosmetics, aerospace, and medical devices.  
- Indian professionals will see expanded opportunities to work in the UK under revised visa quotas.  
 
While the agreement promises economic growth, its long-term impact will depend on how both nations navigate implementation and market dynamics.  
 
Sources: Economic Times, Indian Express, MSN News

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