India-UK trade pact boost: Industry bodies hails FTA as...

India-UK trade pact boost: Industry bodies hails FTA as 'transformational milestone', gems and jewellery sectors eye big gains

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Indian industry leaders have lauded the India-UK free trade agreement as a transformative step, anticipating expanded exports and increased investment across various sectors. The agreement is expected to reduce barriers in key sectors like textiles and gems, potentially tripling exports in some areas. British companies, particularly in aerospace and spirits, also welcomed the deal, foreseeing deepened collaboration and increased exports.

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