Thu Jul 24 13:30:43 UTC 2025: **Summary:**

Following the signing of a comprehensive Free Trade Agreement (FTA) between India and the United Kingdom, 26 British companies and 18 Indian firms have announced significant investment and export deals. These deals encompass various sectors, including aviation (Airbus, Rolls Royce), carbon capture (Carbon Clean), medical technology (Occuity), specialty chemicals (Johnson Matthey), and business intelligence (Marcus Evans Group). Indian firms like DCube AI, LTIMindtree, and Aurionpro are also investing in the UK. The FTA aims to boost manufacturing, services, and agriculture in both countries, removing tariffs on a large range of goods including many Indian agricultural products. While most tariffs will be removed, some protections remain for India’s domestic dairy, apple, oat, and edible oil farmers.

**News Article:**

**India-UK Trade Deal Spurs Billions in Investments and New Jobs**

**London/New Delhi** – A newly signed Free Trade Agreement (FTA) between India and the United Kingdom is already yielding substantial economic benefits, with billions of dollars in investments and export deals announced by companies in both nations. The historic pact, signed by Prime Minister Narendra Modi and UK Prime Minister Sir Keir Starmer in London on Thursday, promises to boost wages, living standards, and significantly reduce business costs.

Aviation giants Airbus and Rolls Royce lead the charge, securing deals worth nearly £5 billion to supply aircraft and engines to Indian airlines. This will not only modernize India’s aviation sector but also create and secure jobs in the UK. Carbon Clean, a carbon capture firm, will invest £7.6 million in a Mumbai office, while medical technology company Occuity has inked a £74.3 million export deal with India’s Remidio Innovative Solutions. Specialty chemicals firm Johnson Matthey has secured contracts worth over £20 million and will invest £4 million in India, supporting up to 20,000 jobs.

Indian firms are also making significant investments in the UK. DCube AI, an AI firm based in Kerala, will invest £5 million in Manchester and London. IT services and consulting firm LTIMindtree plans a £1 million investment in its London operations, creating over 300 jobs. Aurionpro, a tech firm specializing in banking and cybersecurity, will invest a massive £20 million to establish a UK office, generating over 150 jobs.

The FTA is expected to significantly benefit Indian farmers by opening premium markets, removing tariffs on 95% of agricultural and processed food items imported into the UK. Products like turmeric, pepper, cardamom, mango pulp, and pulses are expected to see increased exports. While most tariffs have been cut, India has maintained protections for domestic dairy, apple, oat, and edible oil producers. The agreement will also boost India’s fisheries sector by providing duty-free access to the British market for exports like shrimp and tuna.

“This agreement will reduce the cost of doing business and enhance confidence of doing business between two major economies, which will also strengthen the global economy,” stated Prime Minister Modi.

Sir Keir Starmer hailed the deal as historic, adding, “Both countries will see a boost in wages and living standards. It will bring down the prices of Indian clothes, shoes, [and] foods for British citizens.”

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