FTA with UK comes into effect today, exports to get a boost

AI Summary

The India-UK free trade agreement (FTA) has come into effect, enhancing Indian exports to the UK with increased duty-free market access. The agreement also benefits Indian service providers, professionals, and digital service delivery, boosting bilateral trade and economic cooperation.

The India-UK free trade agreement begins implementation, boosting Indian exports to the UK. Indian service providers and professionals will gain greater access to the United Kingdom market. Many Indian products will enter the UK duty-free, enhancing export competitiveness significantly. Digital service delivery is fully opened, benefiting global capability centers in India. A double contribution convention will save Indian workers and employers substantial annual amounts.