INDIA UK FTA
India's trade gap shrinks in March, swells in FY26
India's trade deficit saw a reduction in March as the West Asia conflict disrupted trade flows. Exports and imports both declined, narrowing the monthly deficit. However, the overall trade deficit for the fiscal year widened. Despite challenges, India achieved record exports of $860 billion in FY26, showcasing resilience. Several free trade agreements are expected to boost future trade prospects.
India-UK trade agreement may come into force next month: Commerce Secy
India's trade deals are set to boost exports. The pact with the UK is expected in May. Oman's agreement is slated for June 1. New Zealand's FTA is anticipated on April 27. The India-EU FTA is targeted for this calendar year. These agreements will open new avenues for Indian businesses.
India gem and jewellery exports rise to ₹2.44 lakh crore in FY26 amid global headwinds
In FY26, India's gem and jewellery sector reported an impressive ₹2,44,827.26 crore in exports, demonstrating a modest growth in rupee terms. However, exports in dollar value experienced a downturn amidst global market turbulence. To counter this, exporters expanded their reach, finding new opportunities in the UAE, Australia, and Canada.
India unveils a power-packed FTA calendar: UK, Oman, New Zealand deals next
In 2026, India will embark on an ambitious journey to amplify its role in global commerce. The commencement of pivotal free trade agreements with the United Kingdom and Oman, alongside an impending partnership with New Zealand, highlights India's strategic focus on fostering robust international connections. This proactive approach demonstrates the nation's dedication to turning diplomatic negotiations into thriving economic collaborations.
Certificates of origin can only be issued by authorised agencies: DGFT
New rules mandate that only authorized agencies can issue Certificates of Origin. These certificates are crucial for exporters to claim duty concessions under Free Trade Agreements. Exporters must ensure invoice numbers match on certificates and shipping bills for automated verification.
India’s ‘Lush’ green market is the new battleground for global beauty giants
International beauty brands are changing their India strategy. They are now focusing on online sales and reaching customers beyond major cities. Platforms like Myntra are key gateways for these brands. This shift is driven by a younger, digitally savvy consumer. Brands entering now are poised to shape India's beauty market for years to come.
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India is looking at preferential access to US market, says Piyush Goyal
Goyal met US trade representative Jamieson Greer on the sidelines of the World Trade Organisation's 14th ministerial conference (MC14) in Cameroon last week and discussed the next steps in the India-US bilateral trade agreement (BTA) negotiations.
India eyes preferential market access in US trade push, highlights strong growth position: Piyush Goyal
India is actively pursuing preferential access and the best possible trade deal with the United States. Union Minister Piyush Goyal highlighted India's strong position among emerging economies. Recent WTO discussions focused on critical trade areas, with agreements reached on integrating smaller economies and addressing fisheries subsidies.
India, UK FTA may come into force in next 30 to 45 days, says Piyush Goyal
India's free trade agreement with the United Kingdom is set to be implemented within the next 30 to 45 days. This significant development follows recent discussions between ministers. India is also actively pursuing trade pacts with Oman, Mercosur, Canada, Chile, Peru, and SACU, aiming to expand its global trade footprint and economic partnerships.
Piyush Goyal meets UK, EU, NZ, Canada trade ministers at WTO MC14 sidelines
India is actively pursuing trade agreements with the EU and UK. Discussions are underway to finalize a free trade deal with the EU. The UK has completed its parliamentary approval for the India-UK Comprehensive Economic and Trade Agreement. New Zealand is preparing for Prime Minister Modi's visit with key deliverables. Canada and India are expediting their trade negotiations.
Commerce Minister Piyush Goyal to visit Canada in May for trade talks
Commerce Minister Piyush Goyal will visit Canada in May 2026. This visit coincides with ongoing talks for a free trade agreement between India and Canada. Discussions will focus on expediting these negotiations. Both nations will explore cooperation in clean energy, nuclear energy, agriculture, and critical minerals. The minister also met with UK and EU officials regarding trade pacts.
Indian capital, British soul: How TVS Motor Company and the West Midlands are rewriting the rules of global mobility
TVS Motor Company is breathing new life into the iconic British brand Norton. A significant investment is establishing a new manufacturing hub in Solihull, UK. This collaboration leverages India's engineering scale and cost efficiency. The partnership aims to produce premium motorcycles for global markets. Research in lightweighting materials is also a key focus.
India not involved in war but collateral damage in all wars: Piyush Goyal
Commerce Minister Piyush Goyal urged national unity to navigate challenges from the West Asia crisis, emphasizing India's non-involvement but acknowledging collateral damage. He highlighted India's focus on economic engagement, noting FTAs with 38 developed nations that grant access to two-thirds of global trade for Indian businesses and farmers.
Israel, GCC trade pact talks lose steam, UK FTA likely to be implemented by May
A free trade agreement with the UK, signed in July 2025, is expected to be implemented by early May, with officials resolving minor issues. The EU anticipates ratifying its trade pact with India by November for implementation this year.
Food security and agriculture issues top India’s agenda at WTO meet
At the imminent World Trade Organisation ministerial conference, India is set to bring its perspective to the forefront on critical trading issues. With an agenda that prioritises food security and safeguards against sudden import influxes, India is committed to strengthening the multilateral trading system. The country is also advocating for an effective dispute resolution mechanism alongside fundamental WTO principles.
India-UK FTA likely to be implemented by early May; EU by year-end: Officials
India's free trade agreement with the UK is set for early May implementation. The pact with the EU is expected this year. Trade talks with Israel and the Gulf Cooperation Council have slowed. The US-India trade agreement process continues. These deals aim for increased duty-free access for Indian exports.
Delhivery announces economy air parcel service to UK, Canada, Australia
Logistics firm Delhivery is expanding its international air parcel service. The service now reaches the UK, Canada, and Australia. This move aims to boost Indian MSME exports like apparel and electronics. New trade agreements are expected to drive this growth. Delhivery's platform offers simplified shipping and customs documentation for these markets.
FTAs to boost FDI, manufacturing in India: Audi India Brand Director
India's new trade agreements with the UK and European Union are expected to drive significant foreign investment and manufacturing growth. Balbir Singh Dhillon of Audi India believes these pacts will boost wealth creation and the stock market. This economic expansion will increase demand for luxury goods, including premium vehicles.
India's exports to hold in March despite global turmoil, says Piyush Goyal
India's trade shows resilience amidst global challenges. Minister Piyush Goyal stated that exports are stable, with services growth rapidly increasing. The trade deficit is manageable, supported by strong services surplus, rising remittances, and record FDI. Several developed nations are keen to boost trade ties with India. Upcoming free trade agreements will unlock significant opportunities for Indian businesses.
India’s exports to hold steady in March despite global disruptions: Piyush Goyal
In the face of international uncertainties, India’s trade sector shows commendable resilience. Although merchandise trade has faced its share of challenges, it has maintained a sense of stability. The burgeoning services export sector provides an encouraging outlook.
India inks terms of reference with Philippines, Maldives for trade pact talks
India has initiated negotiations for trade agreements with the Philippines and the Maldives, signing terms of reference for a preferential trade agreement (PTA) with the former and a free trade agreement (FTA) with the latter. These moves come as India reviews its existing trade pacts with ASEAN and Korea, and pursues new agreements with several other nations and blocs.
India protects key sectors under 'powerful' US trade deal, says Piyush Goyal
India's trade pact with the U.S. stands firm, safeguarding critical areas such as agriculture and dairy. This collaboration promises mutual advantages, enhancing technology access while propelling India towards its goal of becoming a global data hub. Additionally, the India-UK free trade agreement is anticipated to launch within a month, following a quick ratification by the UK Parliament.
India, UK trade pact may come into effect in one month from now: Piyush Goyal
India and the UK, on July 24 last year, signed the Comprehensive Economic and Trade Agreement (CETA) under which 99 per cent of Indian exports will enter the British market at zero duty, while tariffs on British products, such as cars and whisky, will be reduced in India.
Strategic trade mission seeks to tap opportunities from UK-India FTA
A West Midlands trade mission to India has boosted economic and cultural links. The delegation met with Indian business leaders to explore new partnerships. Agreements were signed in energy, technology, and education. This collaboration follows the UK-India Free Trade Agreement. The mission aimed to create jobs and investment for the West Midlands region.
FTAs to provide huge export opportunities for pharma, healthcare sectors: Piyush Goyal
India's recent free trade agreements are set to boost the domestic pharma and healthcare industries. Commerce Minister Piyush Goyal highlighted the vast business potential these pacts unlock. Agreements with Mauritius, Australia, UAE, and EFTA are already active. Negotiations with GCC and Eurasia are progressing well.
From agreements to opportunity: India’s next export push
India has spent years securing trade agreements with the EU, UK, Oman, and others. The challenge now is to walk through them systematically, with every exporter in tow, not just the largest ones.
Piyush Goyal virtually interacts with Canada Minister Maninder Sidhu, discusses Comprehensive Economic Partnership Agreement
India is actively pursuing stronger economic ties with Canada and the United Kingdom. Discussions are underway for comprehensive economic partnership agreements. These agreements aim to significantly boost bilateral trade and investment. Regular engagements are planned to build sustained momentum in these crucial partnerships. New avenues for collaboration are expected to unfold, benefiting both nations.
India-UK, Oman FTAs likely from April; New Zealand deal expected in September, says Goyal
As India sets the stage for its economic expansion, the country is poised to launch free trade agreements with both the UK and Oman in April. By September, the deal with New Zealand is on the horizon. Enthusiastic negotiations with the European Union, Israel, and the Gulf Cooperation Council are currently making headway, alongside a revival of talks with Canada.
India-UK FTA, premium liquor brands to drive margin growth: Allied Blenders
Allied Blenders and Distillers targets 18% margins by fiscal year 2028. The company is focusing on premium spirits and expects cost savings from the India-UK trade deal. Investments in bottling capacity will support growth. The premium segment shows strong potential, with luxury brands set to double sales.
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