India-UK FTA: Trade deal to cut tariffs on UK goods from 15% to 3%; make imports affordable for Indian consumers

India and the UK have finalized a historic Free Trade Agreement, poised to significantly boost bilateral trade and create jobs. The agreement slashes tariffs on UK goods entering India, making products like whisky and medical devices more affordable. Indian exporters will benefit from near-total tariff elimination on 99% of product lines, boosting sectors like textiles and agriculture.