Key aspects of the India-U.K. trade deal in graphics

India’s free trade agreements received a push with the India-U.K. Comprehensive Economic and Trade Agreement (CETA) coming into effect on July 15, 2026, a year after it was signed. With the Double Contribution Convention (DCC) also coming into effect at the same time, the benefits for both the countries, on a larger scale, are presented in the graphics below.

What are the benefits for India and U.K.?

As per the deal, the U.K. has effectively eliminated 9,249 (or 96.8%) of 9,736 of its tariff lines — which means that the tariffs have dropped to zero that also translates to $14,854.2 million or 97.7% of trade value. India has done the same for 7,747 (or 64.1%) of the 12,090 tariff lines, with a phased elimination on an additional 21% of tariff lines.

The U.K. will benefit as India will eliminate tariffs on a total of 77.3% of the trade volume, including 47% of the trade volume being impacted through the phased elimination of tariffs. The total altered tariff lines and trade values are shown in the graphic below.

Commodities affected with tariff revisions

In FY 2026, the principal commodities traded with the U.K. are shown in the graphic below:

The categories of products affected in the tariffs are shown in the scatter plot below where the y-axis (or the vertical axis) represents the tariffs on the products before the CETA. All the tariffs of the products shown in the graphic have now been eliminated or reduced to zero.

India has maintained a trade surplus with the U.K. over the years and the CETA has also enabled Indian companies to be granted commercial presence — through branches, subsidiaries, or offices — in the U.K. in sectors such as computer services, consultancy, and environmental services.

Other benefits of the CETA include the reduction of prices of British cars, whiskey, and other engineering products.