Prime Minister Narendra Modi shakes palms together with his British counterpart Keir Starmer after Britain’s Secretary of State for Business and Trade, Jonathan Reynolds and Union Minister Piyush Goyal signed a free commerce settlement, at Chequers Estate, in U.Ok.. (X/@narendramodi)
“Businesses in India in addition to the UK stand to achieve tremendously, because it lays the groundwork for scaling up bilateral cooperation throughout key development sectors,” he stated
Calling this a watershed second in India–UK financial relations, Prashant Ruia, Group Chief Executive, Essar stated, “The signing of the Free Trade Agreement (FTA) marks the start of a brand new period of strategic collaboration between the 2 nations. By decreasing tariffs, easing market entry, and deepening providers and funding flows, this landmark deal unlocks immense potential for each economies.”
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Chandrajit Banerjee, Director General, Confederation of Indian Industry (CII) stated, “This FTA marks a defining second in our bilateral relationship, reflecting a shared dedication to inclusive development, financial resilience, and industrial transformation. It creates a robust basis for deeper market entry, regulatory cooperation, and next-generation partnerships between Indian and UK companies.”
Commenting on the deal Anish Shah, Group CEO & MD, Mahindra Group stated, “The landmark commerce settlement between India and the UK marks a transformative second within the international financial panorama. It’s not only a win for commerce, however a blueprint for a contemporary, values-led partnership that places innovation, sustainability, and inclusive development on the coronary heart of worldwide collaboration.”
“This deal can be a testomony to the rising stature of India as a trusted associate and innovation powerhouse within the international order. We commend each governments for his or her daring management in charting a shared future rooted in prosperity, sustainability, and belief,” he added.
Published – July 25, 2025 10:23 am IST









