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The Economic Times
The Economic Times
Jonathan Reynolds

India-UK trade deal to boost bilateral trade by £25.5 billion annually by 2040

Britain and India signing the landmark Comprehensive Economic and Trade Agreement (CETA) in July went far beyond a signature. It was a chance for opportunities to be brought to life between two thriving economies.

Estimated to boost bilateral trade by £25.5 bn (~₹3.26 lakh cr) every year by 2040, it's a deal that's good for British and Indian businesses, for consumers and for growth. Both Britain and India are already starting to feel the benefits, with nearly £12 bn (~₹1.53 lakh cr) worth of trade and investment deals struck since the agreement was signed, supporting thousands of jobs in both countries.

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