India-U.K. Trade Soars With FTA Boost

CosmicTaco · 2025-05-08T11:57:44.380861+05:30

- India's trade with the U.K. has grown significantly, reaching $19.3 billion in 2024-25 up to January. - Imports from the U.K. have nearly doubled, outpacing the growth of exports over the past eight years. - Major export categories include electrical machinery and pharmaceuticals, with engineering goods set to grow further due to the new Free Trade Agreement. - The FTA is anticipated to nearly double engineering exports to the U.K. by 2029-30, reaching $7.55 billion. - India's imports are concentrated in pearls and precious stones, nuclear reactors, and machinery, making up 65% of imports from the U.K. Source: [The Hindu](https://www.thehindu.com/business/india-uk-goods-trade-surged-60-in-eight-years-imports-nearly-doubled/article69550636.ece)

India's trade with the U.K. has grown significantly, reaching $19.3 billion in 2024-25 up to January.
Imports from the U.K. have nearly doubled, outpacing the growth of exports over the past eight years.
Major export categories include electrical machinery and pharmaceuticals, with engineering goods set to grow further due to the new Free Trade Agreement.
The FTA is anticipated to nearly double engineering exports to the U.K. by 2029-30, reaching $7.55 billion.
India's imports are concentrated in pearls and precious stones, nuclear reactors, and machinery, making up 65% of imports from the U.K.

Source: The Hindu