In a scene straight out of a movie, India and the UK wrapped up a landmark Free Trade Agreement (FTA) not in a boardroom—but during a casual stroll through London’s Hyde Park, with ice creams in hand. India’s Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds finalized the long-anticipated deal in May 2025, marking the end of over two years of negotiations. The agreement is expected to double bilateral trade to $120 billion by 2030, ushering in new opportunities across goods, services, and investment. For UK food producers and exporters, this trade deal unlocks one of the world’s fastest-growing consumer markets: Lower tariffs on British food and drink products—such as chocolates, cheese, alcoholic beverages, biscuits, and breakfast cereals—make them more price-competitive in India. Streamlined export procedures and reduced regulatory friction help UK brands enter the Indian market more easily, especially in premium and pa....
