Multi-billion-pound boost to UK economy with landmark India trade deal to make working people better off
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Huge economic win for UK as trade deal with India agreed which will deliver for working people and British businesses
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Deal will slash Indian tariffs on key products such as whisky, cosmetics and medical devices, locking in reductions on 90% of tariff lines for UK exports to unleash opportunities for businesses across regions and nations of UK
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Delivers on Plan for Change as £4.8 billion added to UK economy and £2.2 billion in wages every year in the long run under deal
The UK and India have today agreed a landmark trade deal which delivers on this government’s core mission of growing the economy, raising living standards, and putting money in people’s pockets.
Indian tariffs will be slashed, locking in reductions on 90% of tariff lines, with 85% of these becoming fully tariff-free within a decade.
