The DGFT has approved applications from seven companies to import 642 cars from Britain under the India-UK free trade agreement's tariff rate quota. The move follows applications for 2026 quotas covering about 5,000 fully built vehicles
Experts say the India-UK Comprehensive Economic and Trade Agreement will improve market access for agricultural and processed food products, strengthen automotive exports through lower tariffs, encourage technology adoption and support investment, while enhancing India's competitiveness in the UK market
The India-UK Free Trade Agreement is set to deepen economic engagement, boost bilateral trade and create new opportunities for businesses, workers, investors and exporters in both countries
The landmark India-UK Comprehensive Economic and Trade Agreement came into force on Wednesday. Union Home Minister Amit Shah hailed the pact as key to a "Viksit Bharat," offering zero-duty market access for 99 per cent of Indian exports
UK India Business Council CEO Kishore Jayaraman said the India-UK Comprehensive Economic and Trade Agreement will boost bilateral trade, investment and business expansion across sectors. He said the pact and the Double Contribution Convention will improve mobility, productivity and long-term economic growth
The biggest pact signed by Britain after leaving the EU marks a major milestone in bilateral relations and also reflects India’s rising status in the global order
The pact lowers tariffs on 99 per cent of Indian goods to zero in the UK market while allowing Indian workers to travel to the UK for work without changing Britain’s point-based immigration system
