Vedanta Group chairman Anil Agarwal has hailed the newly signed free trade agreement (FTA) between India and the UK as a transformative deal that will increase bilateral trade by at least USD 20 billion and generate thousands of jobs across both nations.

Calling it a “historic agreement,” Agarwal praised Prime Minister Narendra Modi and UK Prime Minister Keir Starmer for finalizing the FTA during Modi’s ongoing UK visit. “This is a great achievement between Britain and India as they walk down the progressive path,” he stated.

The comprehensive deal — the UK's largest since Brexit and India's first with a European country — will eliminate or reduce tariffs on a wide range of goods including cosmetics, textiles, whisky, and automobiles. It will also expand market access and support startups and entrepreneurs across sectors.

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“This FTA is a win-win. It will enhance economic activity, boost job creation, and drive entrepreneurship,” Agarwal emphasized. He noted that the agreement follows three years of rigorous negotiations, underlining the strong economic ties between the two nations.

Highlighting his personal experience, Agarwal added, “I’ve seen the UK-India partnership grow over two decades, from trade and investment to deep people-to-people connections.”

The pact is expected to significantly strengthen ties between the fifth and sixth-largest economies in the world, marking a bold post-Brexit move for the UK and a strategic trade milestone for India.

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