From Wimbledon towels to Scotch: What India-UK trade deal could mean for shoppers
The UK and India have implemented a new free trade agreement that reduces or removes tariffs on the vast majority of goods traded between the two nations. Indian manufacturers, particularly in the textile sector, expect this deal to significantly boost exports and improve competitiveness against regional rivals.
Why it matters
This pact represents a major economic shift for the world's fifth and sixth largest economies, potentially adding billions to their respective GDPs.
Image source, NurPhoto via Getty Images Image caption, The trade deal could give a fillip to India's garment exports which face stiff competition from Bangladesh and Pakistan
The article reports on economic data and business perspectives from both sides without taking a political stance.
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