Britain and India signed a landmark free trade agreement on Thursday during a visit to the UK by Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars and allow more market access for businesses.

The agreement promises duty-free access to UK markets for several sectors that form the backbone of Punjab’s economy, including textiles, cycle parts, auto components, sports goods, and agribusiness.

Based on the key features of the DCC highlighted in the side letters, let's examine the implications for Indian employees assigned to work in the UK.

Indian exports are set to benefit from duty elimination on about 99 percent of the tariff lines, covering almost 100 percent of the trade value, especially aiding labour-intensive shipments of textiles,

Though the move is expected to benefit manufacturers targeting the world’s largest alcohol market, its impact reportedly will be minimal since alcohol is a state subject and key revenue source, leavin

Commerce and Industry Minister Piyush Goyal on Saturday said the India-UK trade deal can serve as a gold standard for India’s trade negotiations with other partners, as it opens India’s doors for business while protecting sensitive sectors.

Speaking in New Delhi, Goyal stressed that the deal would unlock “immense opportunities” for India’s farmers, fishermen, young professionals, MSMEs, and the business community.

The India-UK Comprehensive Economic and Trade Agreement (CETA) is set to significantly boost India's seafood exports by eliminating UK import tariffs,