Point 2 Note @ThePoint2Note

Congratulations to Prime Minister @NarendraModi ji, UK Prime Minister @Keir_Starmer, and the people of India & the United Kingdom on the signing of the landmark India-UK Comprehensive Economic and Trade Agreement (CETA). Duty-free access for about 99% of Indian exports unlocks nearly $23 billion in opportunities for labour-intensive sectors, marking a new era for inclusive and gender-equitable growth. Artisans, weavers, and daily-wage labourers employed in several MSMEs across textiles, leather, footwear, gems & jewellery, toys, and marine products will step into a new phase of prosperity. From village looms to tech labs, this FTA marks a historic leap for women through improved access to finance and deeper integration into global value chains. This agreement is a big win for farmers, ensuring duty-free exports on nearly 95% of agricultural products, while fisherfolk gain from Zero Duty on 99% of marine exports, boosting their incomes. The deal will also have a transformative impact on manufacturing-intensive sectors like engineering goods, electronics, pharma, chemicals, food processing, and plastics. This agreement will also provide Indian consumers high quality goods at competitive prices. India’s talent in IT, services, and education will gain from easier access to the UK’s high-value markets. The three-year exemption from social security contributions in UK as part of the Double Contribution Convention is a significant breakthrough for Indian workers and their employers. Chefs, yoga instructors, musicians & business visitors will benefit, advancing our vision to be a global talent hub. The #IndiaUKFTA will open doors to UK customers, investors, and innovation hubs for our Startups, helping them expand their global footprint. This deal is a win-win for ‘Make In India’ and ‘Vocal For Local’, driving job creation, empowering communities, and reinforcing India’s strategic trade leadership. It ushers in a new era of economic cooperation, reinvigorating our bilateral trade ties. 🇮🇳🤝🇬🇧

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