The Economic Times

India-UK trade pact to boost agri, auto exports with lower tariffs, better market access: Experts

The India-UK CETA agreement enhances agricultural exports by reducing tariffs on processed food products. This pact improves India's price competitiveness against non-FTA suppliers, supporting export diversification. Automotive exports will see UK tariffs eliminated, boosting Indian manufacturers' market access. India's import duties on passenger vehicles will also decline over fifteen years.