The India-UK Comprehensive Economic and Trade Agreement (CETA) officially entered into force on Wednesday, granting Indian exporters immediate duty-free access to the majority of British tariff lines.
The deal marks a structural shift in bilateral commerce, eliminating barriers that have long constrained trade volumes between the two economies.
Under the new framework, Indian firms in textiles, marine goods, leather, and jewellery stand to gain the most significant immediate benefits.
By removing import duties, the agreement enhances the price competitiveness of Indian products against regional rivals in the UK market.
Industry participants are already positioning to expand their market share, leveraging the tariff removal to capture volume previously held by higher-cost suppliers.
Beyond goods, the pact includes provisions designed to boost services trade, opening new avenues for Indian financial, legal, and professional service providers to operate in the UK.