India-U.Ok. FTA to stimulate innovation, ease market entry, foster funding, says Sunil Bharti Mittal
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
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