India-U.K. Trade Deal Takes Effect, Boosting Multiple Sectors
The India-U.K. Comprehensive Economic and Trade Agreement (CETA) took effect on July 15, 2026, providing zero-duty market access for 99% of Indian exports. Union Home Minister Amit Shah stated that the agreement aims to enhance labour-intensive industries, including textiles and pharmaceuticals. The treaty is expected to double trade between India and the U.K. from the current estimated annual level of £48 billion by 2030 and contribute nearly £5 billion to both countries' GDPs annually in the long term. Additionally, significant exemptions will be extended to Indian professionals in the U.K.
Published 5 hours ago • 15 Jul 2026, 04:49 PM IST