Cheaper cars & whisky: India-UK trade effective from July 15 - How India will benefit
The India-UK Comprehensive Economic and Trade Agreement (CETA) is set to take effect on July 15, 2026, providing duty-free access for 99% of Indian exports. The deal aims to lower trade costs and increase market access for sectors ranging from textiles to IT services.
Why it matters
This agreement represents a significant shift in trade relations between a major developing economy and a developed market, potentially boosting FDI and bilateral trade volume.
India-UK FTA: The India-UK Comprehensive Economic and Trade Agreement or CETA comes into effect from July 15, 2026. The landmark trade deal is set to deliver several benefits to Indian exporters and consumers in terms of greater access to UK markets and imported goods at cheaper costs respectively.With its implementation, the trade deal will become the sixth free trade agreement brought into force during the Narendra Modi government's tenure. India has previously implemented similar agreements with Mauritius, the UAE, Australia, the European Free Trade Association (EFTA) and Oman.Considered one of India’s most significant trade agreements in recent years, CETA will provide duty-free market access for almost 99% of Indian exports.Trade between India and the UK increased by 8.62% to $25.12 billion in 2025-26, compared with $23.13 billion in 2024-25.
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