India and UK Sign Comprehensive Economic and Trade Agreement

India and the United Kingdom have signed the Comprehensive Economic and Trade Agreement (CETA), a landmark deal aimed at boosting trade and economic cooperation between the two countries. The agreement, signed during Prime Minister Narendra Modi's visit to the UK, marks a significant milestone in bilateral relations. The deal is expected to bring numerous benefits to both countries, including improved market access, higher wages, and lower tariffs.

Key Takeaways:

The CETA is the largest trade deal the UK has made since leaving the European Union, with an estimated annual economic boost of £4.8 billion to the UK economy.
The agreement will improve market access for several Indian sectors, including textiles, footwear, gems and jewellery, seafood, engineering goods, agricultural products, and processed foods.
The deal is expected to benefit Indian youth, farmers, fishermen, and micro, small and medium enterprises (MSMEs) by providing them with more opportunities and higher earnings.
UK Prime Minister Keir Starmer hailed the agreement as a "landmark deal" that will "create thousands of British jobs, unlock new opportunities for businesses, and put money in the pockets of working people."
The deal is also expected to lower prices on Indian imports such as clothes, footwear, and food for consumers in the UK.
According to Prime Minister Starmer, the agreement will add £2.2 billion to wages and hundreds of millions of pounds to regions and nations up and down the United Kingdom.

Statistics:

£4.8 billion: Estimated annual economic boost to the UK economy
£4.8 billion: Estimated annual increase in UK wages
£2.2 billion: Estimated annual increase in wages for UK workers
£100s of millions: Estimated annual increase in regional economies across the UK

Sources:

Government of India
Government of India (4)
Mourdoussiene, Sahar. "India UK CETA Deal Massively Boosts Economy." Contify.com, 2025, distributed by Contify.com.