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![AdityaRajKaul Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::44425241.png) Aditya Raj Kaul [@AdityaRajKaul](/creator/twitter/AdityaRajKaul) on x 681K followers
Created: 2025-07-24 10:25:07 UTC

CII Welcomes India-UK Free Trade Agreement (FTA) as a Transformational Milestone in Bilateral Economic Relations
 
Indian Industry Delegation accompanying Hon’ble PM Modi for landmark UK visit
 
The Hon’ble Prime Minister of India, Shri Narendra Modi, undertook a landmark visit to the United Kingdom, culminating in the signing of the India–UK Free Trade Agreement (FTA) earlier today.
 
The delegation accompanying the Hon’ble Prime Minister included XX key business leaders from Indian industry, led by Mr Sunil Bharti Mittal, Founder & Chairman of Bharti Enterprises and Co-Chair of the India-UK CEO Forum. Organised by the Confederation of Indian Industry (CII), the business delegation’s presence underscored the strong collaboration between government and industry in advancing India-UK economic ties.
 
Speaking on the occasion, Mr Mittal said, “Indian industry across all sectors welcomes the India-UK FTA with great optimism. This agreement establishes a modern, forward-looking partnership that will stimulate innovation, ease market access, and foster investment. Businesses in India as well as the UK stand to gain tremendously, as it lays the groundwork for scaling up bilateral cooperation across key growth sectors.”
 
The CII delegation engaged with senior members of the British government and policymakers, along with select UK CEOs. Discussions also focused on key sectors of collaboration, including skills and mobility, digital transformation and advanced technology, sustainability and climate action, and pharmaceuticals and healthcare.
 
Over the past five years, India has maintained a positive trade balance with the UK, which remains a key trading partner. Both economies aim to double bilateral trade to $XXX billion by 2030. Currently, more than XXX Indian companies operate in the UK, contributing approximately £1.17 billion in corporation tax and providing employment to around XXX million people, playing a vital role in supporting local economies and livelihoods.
 
Once implemented, the India–UK FTA is expected to reduce trade barriers, enhance investor confidence, and promote joint ventures and technology transfers, especially in labour intensive sectors like textiles & apparel, leather & leather goods, gems & jewellery, marine products, besides others. The agreement will provide a strong framework for unlocking new opportunities in clean energy, digital technologies, life sciences, and advanced manufacturing. India’s rapidly growing market and manufacturing capabilities, combined with the UK’s strengths in innovation, finance, and high-end services, will further accelerate bilateral economic relations.
 
Another key benefit of the FTA is a reciprocal Social Security Agreement, allowing Indian professionals in the UK to continue home country contributions for up to three years. This aligns closely with CII’s earlier recommendation for a five-year exemption period.
 
Earlier in 2024, both sides launched a new Technology Security Initiative (TSI), recognising the growing importance of technology in national security and economic development. The TSI enhances bilateral cooperation in critical and emerging technologies across priority sectors, and the FTA further cements such partnerships.
 
Mr Chandrajit Banerjee, Director General of CII, added, “CII has been a longstanding advocate for a comprehensive and forward-looking India–UK Free Trade Agreement. This FTA marks a defining moment in our bilateral relationship, reflecting a shared commitment to inclusive growth, economic resilience, and industrial transformation. It creates a strong foundation for deeper market access, regulatory cooperation, and next-generation partnerships between Indian and UK businesses.”
 
XX July 2025
New Delhi


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948328584478892511/c:line.svg)

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[raj](/topic/raj)

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AdityaRajKaul Avatar Aditya Raj Kaul @AdityaRajKaul on x 681K followers Created: 2025-07-24 10:25:07 UTC

CII Welcomes India-UK Free Trade Agreement (FTA) as a Transformational Milestone in Bilateral Economic Relations

Indian Industry Delegation accompanying Hon’ble PM Modi for landmark UK visit

The Hon’ble Prime Minister of India, Shri Narendra Modi, undertook a landmark visit to the United Kingdom, culminating in the signing of the India–UK Free Trade Agreement (FTA) earlier today.

The delegation accompanying the Hon’ble Prime Minister included XX key business leaders from Indian industry, led by Mr Sunil Bharti Mittal, Founder & Chairman of Bharti Enterprises and Co-Chair of the India-UK CEO Forum. Organised by the Confederation of Indian Industry (CII), the business delegation’s presence underscored the strong collaboration between government and industry in advancing India-UK economic ties.

Speaking on the occasion, Mr Mittal said, “Indian industry across all sectors welcomes the India-UK FTA with great optimism. This agreement establishes a modern, forward-looking partnership that will stimulate innovation, ease market access, and foster investment. Businesses in India as well as the UK stand to gain tremendously, as it lays the groundwork for scaling up bilateral cooperation across key growth sectors.”

The CII delegation engaged with senior members of the British government and policymakers, along with select UK CEOs. Discussions also focused on key sectors of collaboration, including skills and mobility, digital transformation and advanced technology, sustainability and climate action, and pharmaceuticals and healthcare.

Over the past five years, India has maintained a positive trade balance with the UK, which remains a key trading partner. Both economies aim to double bilateral trade to $XXX billion by 2030. Currently, more than XXX Indian companies operate in the UK, contributing approximately £1.17 billion in corporation tax and providing employment to around XXX million people, playing a vital role in supporting local economies and livelihoods.

Once implemented, the India–UK FTA is expected to reduce trade barriers, enhance investor confidence, and promote joint ventures and technology transfers, especially in labour intensive sectors like textiles & apparel, leather & leather goods, gems & jewellery, marine products, besides others. The agreement will provide a strong framework for unlocking new opportunities in clean energy, digital technologies, life sciences, and advanced manufacturing. India’s rapidly growing market and manufacturing capabilities, combined with the UK’s strengths in innovation, finance, and high-end services, will further accelerate bilateral economic relations.

Another key benefit of the FTA is a reciprocal Social Security Agreement, allowing Indian professionals in the UK to continue home country contributions for up to three years. This aligns closely with CII’s earlier recommendation for a five-year exemption period.

Earlier in 2024, both sides launched a new Technology Security Initiative (TSI), recognising the growing importance of technology in national security and economic development. The TSI enhances bilateral cooperation in critical and emerging technologies across priority sectors, and the FTA further cements such partnerships.

Mr Chandrajit Banerjee, Director General of CII, added, “CII has been a longstanding advocate for a comprehensive and forward-looking India–UK Free Trade Agreement. This FTA marks a defining moment in our bilateral relationship, reflecting a shared commitment to inclusive growth, economic resilience, and industrial transformation. It creates a strong foundation for deeper market access, regulatory cooperation, and next-generation partnerships between Indian and UK businesses.”

XX July 2025 New Delhi

XXXXXX engagements

Engagements Line Chart

Related Topics kingdom united kingdom india prime minister modi raj

Post Link

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