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India-UK FTA: Bilateral trade projected to surge by 15 pc annually until 2030

The Political and Business Daily

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May 17, 2025

THE bilateral trade between India and the United Kingdom (UK) is expected to increase by around 15 per cent annually until 2030, factoring in the aspect that the free trade agreement (FTA) will come into effect in a year, a report showed on Friday.

India-UK FTA: Bilateral trade projected to surge by 15 pc annually until 2030

The recently concluded free trade agreement (FTA) between India and Britain offers a strategic opportunity for Indian companies to expand their footprint in the UK market, stimulate domestic manufacturing and contribute to economic growth, according to the report by CareEdge Ratings.

“This landmark FTA also fosters investment, joint ventures, and collaboration in the service sector, thereby deepening economic ties. Going forward, this agreement marks a pivotal shift in India-UK economic relations, unlocking new opportunities for businesses, strengthening manufacturing, and enriching consumer markets,” said D Naveen Kumar, Associate Director, CareEdge Ratings.

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