India-U.K. Trade Deal Gains Support from India Inc

Swift Summary

• India Inc celebrated the signing of the landmark India-UK Free Trade agreement (FTA) on July 24, 2025, heralding new opportunities for trade and collaboration.
• TVS Supply chain solutions Chairman R. Dinesh stated that the deal enables streamlined trade flows, reducing operational friction and boosting cross-border collaboration and innovation.
• TVS Motor Company, which owns Norton Motorcycles in the UK, expects the deal too energize its global ambitions while benefiting manufacturing sectors and product launches in both countries.
• OmniActive Health Technologies, represented by sanjaya Mariwala, highlighted potential growth in healthcare due to reduced regulatory barriers.
• Choice International Ltd., CEO Arun Poddar projected a $34 billion annual boost in bilateral trade with duty-free access for 99% of Indian exports from key sectors like textiles, leather goods, auto components, and chemicals.
• The agreement was called a “pivotal milestone” by Namit Joshi of Pharmaceuticals Export Promotion Council due to expected growth in pharmaceutical exports ($914 million exported last year), stronger drug supply chains, CDMO partnerships, joint research collaborations, and enhanced FDI prospects.
• Hero FinCorp’s MD & CEO Abhimanyu Munjal described it as an chance for Indian entrepreneurs to scale globally while fostering “Atmanirbhar Bharat.”
• Mahindra Group’s anish Shah emphasized alignment between UK’s Vision 2035 goals-sustainability and innovation-and India’s priorities like green mobility investment.

Indian opinion Analysis

The India-UK free Trade Agreement represents a important step forward for bilateral economic relations by offering broader market access across various industries-from pharmaceuticals to engineering goods-while facilitating smoother regulatory conditions. With projections indicating over $34 billion annual trade boosts alongside tariff eliminations on key exports such as textiles or marine products, this FTA underscores India’s growing leverage as a global economic partner.

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