India-U.K. FTA Promises Mutual Growth: Trade Commissioner

Quick Summary

• Teh U.K.-India extensive Economic and Trade Agreement (CETA) aims to enhance mobility, innovation, inclusivity, jobs, exports, and cross-border trade between the two nations.
• Harjinder Kang, Trade Commissioner for South Asia and British Deputy High Commissioner for Western India, stated that the CETA aligns with the U.K.’s modern industrial strategy to overcome investment barriers across sectors.
• Chandru Iyer highlighted how Indian companies in the U.K., thriving in aerospace, technology, and manufacturing sectors, would benefit further from CETA agreements.
• The strategic partnership is expected to foster collaboration in defence, education, climate action, technology growth including telecom security initiatives under TSI (Technology Security Initiative).
• This agreement has been projected to double bilateral trade by 2030 while supporting job creation and economic growth in both countries.

Indian Opinion Analysis
The U.K.-India Comprehensive Economic and trade Agreement signifies a strengthening of ties between two major economies with mutual global interests. If accomplished as envisioned by stakeholders like Harjinder Kang and Chandru Iyer during industry-level discussions at BCIC’s roundtable meeting in Bengaluru-this deal could unlock substantial opportunities across high-growth sectors such aerospace/technology-enabled ecosystem-backed their remarks sustainability assertions generously optimising scenarios