Whalesbook
The India-UK Free Trade Agreement (FTA), signed in July, is sparking significant business interest with UK officials reporting a surge in company enquiries and planned delegations. UK Minister Seema Malhotra highlighted the FTA as a long-term partnership crucial for global economic ties. The agreement aims to slash trade barriers by 99% for the UK and 90% for India, with projections showing a £4.8 billion annual GDP boost for the UK and a £25.5 billion increase in bilateral trade. South India shows strong alignment in sectors like advanced manufacturing and renewable energy.