Jul 5, 2026 05:21 PM
The Tories finally did something with Brexit latitude in terms of initiating negotiations during one part of their final days stretch (2021-2022)?
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India-UK trade pact sparks industry euphoria ahead of July 15 rollout
https://www.indiatoday.in/world/story/in...2026-07-05
INTRO: Industry is already seeing "euphoria" over the opportunities created by the India-UK free trade agreement, and economic growth for both countries is "but inevitable" once it comes into force on July 15, UK India Business Council Group CEO Kishore Jayaraman has said. He told PTI he remains "very bullish" about India and the UK being a "formative force into the future" through the pact.
The India-UK bilateral Comprehensive Economic and Trade Agreement (CETA), signed during Prime Minister Narendra Modi's visit to the UK in July 2025, will take effect this month after completing the UK parliamentary ratification process. Official estimates show bilateral trade between India and the UK reached 47.9 billion pounds in the four quarters ending in 2025, marking a 10 per cent rise from previous years, while analysts have projected that the CETA could double trade by 2030.
"India offers capacity and capability, so scalability for businesses that want to scale up in the Indian market just gets that much easier," Jayaraman said. Calling it "a celebration for SMEs, startups, and for creative people to scale themselves through the capacities and capabilities that India offers and go to the next level of their businesses", he said companies should "be stepping up, understanding what it means, developing a business plan that includes India in their roadmap, and eventually grow, because growth is but inevitable through this agreement".
Jayaraman said there is already "euphoria in the industry of all the possibilities that exist" and about the expansion sectors could see, "from food and beverage, education, digital technologies to energy and infrastructure". Asked which sectors could gain the most once the agreement comes into force, he named advanced manufacturing and engineering, energy and infrastructure, financial services, and digital and artificial intelligence. "I separate that from tech because tech would be more of heavy engineering work as well. Last, but never the least would be healthcare and life sciences. But needless to say, there are about three, four more sectors like education, food and beverage and startups," he said.
He acknowledged that obstacles and challenges could still emerge during implementation... (MORE - details)
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India-UK trade pact sparks industry euphoria ahead of July 15 rollout
https://www.indiatoday.in/world/story/in...2026-07-05
INTRO: Industry is already seeing "euphoria" over the opportunities created by the India-UK free trade agreement, and economic growth for both countries is "but inevitable" once it comes into force on July 15, UK India Business Council Group CEO Kishore Jayaraman has said. He told PTI he remains "very bullish" about India and the UK being a "formative force into the future" through the pact.
The India-UK bilateral Comprehensive Economic and Trade Agreement (CETA), signed during Prime Minister Narendra Modi's visit to the UK in July 2025, will take effect this month after completing the UK parliamentary ratification process. Official estimates show bilateral trade between India and the UK reached 47.9 billion pounds in the four quarters ending in 2025, marking a 10 per cent rise from previous years, while analysts have projected that the CETA could double trade by 2030.
"India offers capacity and capability, so scalability for businesses that want to scale up in the Indian market just gets that much easier," Jayaraman said. Calling it "a celebration for SMEs, startups, and for creative people to scale themselves through the capacities and capabilities that India offers and go to the next level of their businesses", he said companies should "be stepping up, understanding what it means, developing a business plan that includes India in their roadmap, and eventually grow, because growth is but inevitable through this agreement".
Jayaraman said there is already "euphoria in the industry of all the possibilities that exist" and about the expansion sectors could see, "from food and beverage, education, digital technologies to energy and infrastructure". Asked which sectors could gain the most once the agreement comes into force, he named advanced manufacturing and engineering, energy and infrastructure, financial services, and digital and artificial intelligence. "I separate that from tech because tech would be more of heavy engineering work as well. Last, but never the least would be healthcare and life sciences. But needless to say, there are about three, four more sectors like education, food and beverage and startups," he said.
He acknowledged that obstacles and challenges could still emerge during implementation... (MORE - details)