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Home » News » National
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Nasscom Welcomes India-UK Free Trade Agreement and Double Contribution Convention

Indian Community Editorial TeamBy Indian Community Editorial TeamJuly 15, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Nasscom Welcomes India-UK Free Trade Agreement and Double Contribution Convention
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The Nasscom organization expressed its approval of the India–UK Free Trade Agreement, highlighting the potential it holds for digital trade, investment, innovation, and talent mobility. Additionally, Nasscom welcomed the agreement on the ‘Double Contribution Convention’ that allows Indian professionals on short-term UK assignments to continue social security contributions in India for up to five years.

The establishment of the Nasscom UK Forum in November 2025 was also acknowledged as a step to enhance collaboration among leading Indian technology companies with significant investments in the UK. This move is aimed at fostering bilateral digital trade, advancing the India–UK Technology Security Initiative, and strengthening ties with governments and innovation ecosystems.

Rajesh Nambiar, President of Nasscom, emphasized the commitment to leveraging technology for economic growth through enhanced trade, investment, innovation, and talent collaboration. The NASSCOM UK Forum, as noted by Manish Malhotra, Chair of Nasscom UK Forum, is envisioned to serve as a platform for industry and government collaboration to shape the strategic corridor of the India–UK technology partnership.

Union Commerce and Industry Minister Piyush Goyal highlighted the operationalization of the India-UK CETA and the Agreement on Social Security, providing extensive market access for Indian exports and covering a significant portion of trade value. Anant Goenka, President of FICCI, lauded the agreement for aligning with the vision of Viksit Bharat and supporting India’s economic growth, global competitiveness, and integration with international markets.

The industry body emphasized that high-quality economic partnerships are crucial for India’s journey towards becoming a developed economy, enhancing business opportunities, industrial capabilities, and global trade participation. The agreement signifies a progressive approach to economic engagement, complementing India’s pursuit of prosperity, innovation, and economic transformation.

FICCI India Manish Malhotra Nasscom Nasscom UK Forum Piyush Goyal Rajesh Nambiar UK Viksit Bharat
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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