‘Textiles, pharma, auto, perishables will benefit from FTA’

Xerrxes Master, Managing Director, Masters Group said, “The India-UK FTA, with its commitment to lower tariffs, is expected to significantly enhance bilateral trade and economic cooperation. By reducing import duties on a wide range of goods, the FTA will make Indian exports like textiles, pharmaceuticals, automotive parts and food products more competitive in the UK market. Conversely, Indian consumers and industries will benefit from access to high-quality British goods and services at lower costs. Industry stakeholders—including manufacturers, exporters, logistics providers, and investors—will benefit from increased trade volumes, reduced operational costs, and streamlined regulatory processes. The agreement is also likely to foster greater collaboration in sectors such as technology, clean energy, financial services, and education. Overall, the FTA marks a strategic shift toward deeper economic integration, supply chain resilience, and mutual growth, positioning both nations as key partners in a rapidly evolving global trade landscape.”