India-UK FTA takes off with tariff cuts, London targets $100 bn trade from 'gold standard' deal

The India-UK Comprehensive Economic and Trade Agreement has officially come into force. This pact aims to significantly increase bilateral trade between the two nations. Nearly ninety-nine percent of India's exports will now receive zero-duty market access. British exports to India will also benefit from lower or zero tariffs. This agreement is expected to foster greater investment and economic cooperation.