Speaking in New Delhi, Goyal stressed that the deal would unlock “immense opportunities” for India’s farmers, fishermen, young professionals, MSMEs, and the business community.

Commerce and Industry Minister Piyush Goyal on Saturday said the India-UK trade deal can serve as a gold standard for India’s trade negotiations with other partners, as it opens India’s doors for business while protecting sensitive sectors.

Indian exports are set to benefit from duty elimination on about 99 percent of the tariff lines, covering almost 100 percent of the trade value, especially aiding labour-intensive shipments of textiles,

The public procurement provisions under the India-UK free trade agreement will provide domestic companies non-discriminatory access to the British market worth USD 122 billion, Commerce Secretary Sunil Barthwal said on Friday.

UK free trade agreement has been signed and will to reduce the price of cars imported from the UK to India as the tariffs have reduced. Tap to know what the FTA means for the Indian car buyer.

NSE CEO Ashish Chauhan breaks down the implications of the India–UK FTA on the alcohol industry, especially the Scotch whisky segment. With India being the world's largest importer of Scotch, he highlights how phased tariff cuts from 150% to 40% could open up new opportunities — including Indian-owned whisky brands entering the market via the UK.

India's equity benchmarks are expected to open little changed on Friday as investors weigh the newly signed trade pact with Britain, which will cut tariffs of goods ranging from textiles to whisky and cars.