
What’s in the favour of UK ? 1. The deal will lead to major cuts in Indian tariffs with reductions secured on 90 per cent of tariff lines. In 10 years, 85 per cent of these will be exempt from tariffs. 2. UK businesses will gain expanded access to public procurement opportunities in India. 3. British companies will be able to bid on non-sensitive government tenders valued above Rs 2 billion. This means, the UK can potentially participate in 40,000 tenders each year, collectively worth around Rs 4.09 lakh crore. 4. The UK will be able to create over 2,200 jobs as a direct result of the trade agreement. 5. UK workers will also see a wage hike of up to 2.2 billion pounds each year. 6. British people will see cheaper prices and more choice on clothes, shoes, and food products. #india #uk #trade #deal #economics
This post was published on 26th July, 2025 by Pradhumn on his Instagram handle "@_munafa (Pradhumn Chaturvedi)". Pradhumn has total 233.3K followers on Instagram and has a total of 200 post. Pradhumn receives an average engagement rate of 0.55% per post on Instagram. This post has received 0 comments which are lower than the average comments that Pradhumn gets. Overall the engagement rate for this post was lower than the average for the profile. #india #trade #uk #deal #economics has been used frequently in this Post.