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Out of all FTAs, India-UK FTA is biggest: Piyush Goyal
The Business Guardian
|July 27, 2025
The India-UK Free Trade Agreement, signed by Prime Minister Narendra Modi and UK Prime Minister Keir Starmer, is set to revolutionise trade between the two nations.
Minister of Trade and Industry Piyush Goyal hailed the agreement as "game-changing" for India's farmers, businessmen, MSME sectors, youngsters, and fishermen.
Goyal, while addressing a press conference, emphasised that out of all FTAs signed so far, the India-UK FTA has been the biggest, most comprehensive, and most important, highlighting that 99% of India's exports to the UK will now be duty-free.
With Cabinet approval already granted in India, the agreement awaits parliamentary approval in the UK. Once implemented, it will enable 99% of Indian exports to enter the UK duty-free, providing a significant boost to India's economy.
This story is from the July 27, 2025 edition of The Business Guardian.
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