ब्रिटेन की अर्थव्यवस्था को भारत का सहारा! जानें- फ्री ट्रेड एग्रीमेंट से क्या बदलेगा?

Prime Minister Narendra Modi arrived in London on 23 July 2025 on a two-day official visit to Britain, where he signed a historic free trade deal (FTA) between India and the United Kingdom. Along with giving a new dimension to business relations with Britain, this agreement is a symbol of a new beginning of shared prosperity and cooperation between the two countries. At the same time, this agreement is being said to support the UK economy.

PM Modi not only resetted business relations with the UK, but is also establishing a new era relationship between the two countries. Prime Minister Modi said in his statement that this agreement is not just an economic partnership, but a plan of shared prosperity.

PM also meets Indian community

Prime Minister Modi’s visit was not limited to business only. He is considered to be the center of Buckinghamshire, which is the center of street cricket. Spend time with young cricketers and British Prime Minister Career Stmper Shared his shared love for cricket with. Modi also met the Indian community in London. This is the third meeting between Modi and the stormer in the last one year, while Prime Minister Modi is the fourth official visit of Britain in the last 11 years.

The agreement is reached at a time when US President Donald Trump has a tariff war from many countries of the world including India. Britain This agreement also matters a lot for.

Jobs will be created by agreement

FTA with India itself has been called the most important agreement by Britain after separating from Brexit i.e. European Union. This agreement will create new jobs in Britain. This will prove to be a boon for personnel in areas such as engineers, technicians and aerospace and advance manufacturing.

Britain believes that being FTA with India will bring money in the hands of British youth. That is why we are saying that India is supporting the staggering economy of Britain with FTA.

What will change with the agreement

This Free trade agreement A lot is about to change. This agreement is also being called Comprehensive Economic and Trade Agreement. This is an agreement in which two or more countries decide that the business they do with each other, at least or no, will be imposed tax and tariffs and the same has been decided in this agreement.

99% of goods will be taxed zero percent

Under this, 99% of goods and services exported from India will be charged zero tax, which will be called duty free trade. Similarly, UK companies will also export the minimum tax on the whiskey, cars and other products in India.

For example, India is the largest buyer of Scotch whiskey in the world. People of India drink the most scotch whiskey in the whole world, in which Scotch means Scotland.

What will change for India?

In 2024, India bought 19 million bottles of liquor, but now it may increase the import of Scotch whiskey in India due to reduced import duty on it and it can be available in India at a low price. This agreement will give new strength to different sectors of India.

Earlier, Britain used to tax 12 percent tax on textile and textile industry, but from now on, India’s clothes will not be taxed in Britain. With this, India will now come forward in competition from countries like Bangladesh and Vietnam and many people will get employment in India.

The leather and shoes and slippers industry used to be taxed at 16 percent in Britain, but now no tax will have to be paid on them. This will benefit the leather and shoes and slippers of Uttar Pradesh and Tamil Nadu.

Similarly, Britain used to impose 4 percent tax on the goods related to jewelry, furniture and sports of India, but now this tax has also become zero. This will also benefit India’s artisans and small industries.

Britain used to impose 70 percent tax on India’s processed food, but now 99.7 percent processed food will be taxed. This will increase the demand for India’s packaged food, snacks and ready-to-eat items in Britain and India will benefit.

Apart from this, there was up to 20 percent tax on Britain fish, meat, dairy. It used to tax 10 to 20 percent of items like tea, coffee, spices, fruits, grains and oil, but now this tax will be over and India will have to pay any tax from Indian companies in Britain which will export plastic, chemicals and electrical products.

There is no agreement of China-Britain

China does not have such an agreement with Britain, so India has a good chance that it can sell cheaper goods in Britain than China or other countries. This will promote India’s ‘Make in India’ and the textile industry of India in which 4 and a half million people work will directly benefit from it.

Last year business of so many crores

In 2023-24, there was a trade of 4 lakh 74 thousand crores between India and Britain, which could be 10 lakh 33 thousand crores by 2030 after this agreement.

Apart from this, India’s average tariff on Britain’s goods and services can come from 15 percent to 3 percent and Britain’s vehicles and other items can be cheaper in India. For example, the import duty on Scotch whiskey can decrease from 150% to 75% and 40% in the next ten years. India, which is the world’s largest buyer in Scotch Whiskey, imported 19.2 crore bottles in 2024.

This agreement will make Scotch whiskey cheaper in India, which will benefit British exporters. Similarly, the import duty on luxury cars like Range Rover, Mini Cooper and Bentley can be reduced from 100% to 10% under quota system. India is the fourth largest economy in the world and Britain is the sixth largest economy in the world and you yourself think that if two such big economies of the world join hands, then they can become such a big force.

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