CIM Goyal said the India-UK CETA is a gold standard of trade deals done by India, however, he added that no two trade deals can be the same, implying that the India-US deal is "fast progressing" but may take some more time.

Speaking in New Delhi, Goyal stressed that the deal would unlock “immense opportunities” for India’s farmers, fishermen, young professionals, MSMEs, and the business community.

India's trade deal with Britain is a sign of New Delhi's new gradual shift to opening up its markets while shielding crucial sectors from competition and could be its template for future agreements, government officials and analysts said on Friday.

Indian exports are set to benefit from duty elimination on about 99 percent of the tariff lines, covering almost 100 percent of the trade value, especially aiding labour-intensive shipments of textiles,

The public procurement provisions under the India-UK free trade agreement will provide domestic companies non-discriminatory access to the British market worth USD 122 billion, Commerce Secretary Sunil Barthwal said on Friday.

“In the IPR chapter, India has not breached the TRIPS agreement and is in compliance with domestic law. Only best practices that do not infringe on domestic laws have been adopted. Sharing of information and several such elements are part of the deal,” the government official said.

UK free trade agreement has been signed and will to reduce the price of cars imported from the UK to India as the tariffs have reduced. Tap to know what the FTA means for the Indian car buyer.

NSE CEO Ashish Chauhan breaks down the implications of the India–UK FTA on the alcohol industry, especially the Scotch whisky segment. With India being the world's largest importer of Scotch, he highlights how phased tariff cuts from 150% to 40% could open up new opportunities — including Indian-owned whisky brands entering the market via the UK.