UK-India Trade Deal Secures Nearly £6 Billion Investment and Jobs

The UK Government announced a landmark UK-India trade deal expected to unlock nearly £6 billion in new investment and export wins, creating over 2,200 British jobs across sectors including aerospace, technology, advanced manufacturing, and clean energy.

• The deal includes tariff reductions (e.g., Indian tariffs on UK products dropping from 15% to 3%, whisky tariffs halved immediately and further reduced over 10 years), projected to increase UK exports to India by nearly 60% and bilateral trade by nearly 39% by 2040, with an estimated £4.8 billion annual GDP boost.
• Multiple UK and Indian companies, including Airbus, Rolls-Royce, Zerowatt Energy, Carbon Clean, and several AI and technology firms, have committed investments totaling nearly £6 billion, with detailed job creation and expansion plans across the UK and India, alongside enhanced cooperation on technology, climate, and security initiatives.