A Landmark Leap: How the India–UK FTA Is Poised to Redefine Economic Ties
Discover how the India–UK Free Trade Agreement—hailed as “the best deal India has ever offered”—is set to boost GDP, transform industries, and strengthen strategic ties. An in‑depth look at its scope, impacts, and opportunities. Introduction On May 6, 2025, India and the UK concluded negotiations on what both Prime Ministers have deemed a "historic" and “landmark” Free Trade Agreement (FTA). After nearly three years of intensive talks, this pact was celebrated in the UK Parliament as “the best deal that India has ever offered” —and for good reason. The FTA is projected to deliver vast economic gains, reduce trade barriers, foster stronger bilateral investment, and fortify strategic ties. Here’s an in‑depth analysis of its key components, anticipated outcomes, and implications for businesses, workers, and consumers in both nations. 1. A Whopping Economic Boost UK Gains The UK government estimates a £4.8 billion annual boost to GDP and £2.2 billion in wage uplift ...