Industry leaders are hailing the signing of the India-UK Free Trade Agreement (FTA) as a transformative step. The Engineering Export Promotion Council India, EEPC India, has welcomed the signing of the India-UK Free Trade Agreement. In a social media post, it’s said that India’s engineering exports to the UK have shown strong growth, rising by 11.7 per cent from 3.59 billion dollars in 2023-24 to 4.01 billion dollars in 2024-25. It said this upward trend reflects the growing importance of the UK as a destination for Indian engineering goods.
The Federation of Indian Chambers of Commerce and Industry (FICCI) said the agreement promises significant opportunities across diverse sectors, including agriculture, pharmaceuticals, services, auto components, and more. It described the FTA as a transformative step forward, with immense gains expected for Indian businesses and a promising future for the India-UK partnership.
The Confederation of Indian Industry (CII) also hailed the agreement, saying that the FTA heralds a transformative chapter in bilateral relations. In a post on the social media platform X, it said the pact is set to reshape economic ties through bold investments in technology, sweeping diversification of global supply chains, and a renewed thrust on ease of doing business.
Industry bodies hail signing of India-UK Free Trade Agreement as a transformative step.
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