The landmark UK-India Free Trade Agreement (FTA) is a potential gateway to numerous growth opportunities for organisations across the bilateral corridor. The deal, anticipated to eliminate tariffs on 99% Indian exports and 90% UK goods, aligns with India’s vision of Viksit Bharat 2047 (Developed India 2047), and presents an opportunity to the UK economy for a GBP 4.8bn per year boost (approx. USD 6.4bn) in the long run.

We are pleased to present key insights of this agreement, summarising the expected macroeconomic implications on the two major world economies. BDO’s UK-India corridor is ready to help businesses navigate this defining moment in the UK–India trade.