Industry body -- Associated Chambers of Commerce and Industry of India (Assocham), in a latest study, has said that the implementation of the India-UK Free Trade Agreement (FTA) is likely to boost India's exports to the UK to $115 billion by 2030 from an estimated $58 billion in 2025-26. The agreement is also expected to generate 700,000 to 1 million new employment opportunities. The India-UK FTA came into force on July 15, 2026.
However, the chamber noted that realizing this potential will require India to maintain sustained competitiveness. It said Indian businesses must meet stringent product quality and certification requirements, comply with Rules of Origin provisions, and adhere to international sustainability standards.
Assocham President Nirmal K Minda has said that ease of doing business reforms, along with sustained investments in infrastructure and supply chains, will be critical to meeting these requirements. He added that the engineering goods sector is likely to be among the biggest beneficiaries of the agreement, providing a significant boost to MSME growth and, in turn, creating more employment opportunities.
