India-UK trade agreement to boost bilateral trade, expand consumer markets: Experts

Experts believe the India-UK free trade agreement, eliminating tariffs across sectors, will significantly boost bilateral trade and expand consumer markets. The deal, removing taxes on labor-intensive exports and easing imports, aims to double trade to USD 120 billion by 2030. It provides opportunities for businesses to access a combined market of USD 6.08 trillion and diversify services exports.