New Delhi, July 25 (IANS) The India-UK free trade agreement (FTA) can help bilateral trade trajectory expand from $58 billion in 2025-26 to $115 billion by 2030, along with the possible creation of 7-10 lakh new employment opportunities, according to a new Assocham study.The India-UK FTA, which is now in force since July 15, 2026, is expected to expand business horizons via increased market access and create new employment opportunities for the young population, said the study by Assocham Global…
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Mumbai, July 22 (IANS) The proposed India–New Zealand Free Trade Agreement (FTA) is expected to come into force soon and, together with the newly elevated Strategic Partnership between the two countries, is expected to help double bilateral trade by 2030, New Zealand’s Trade Commissioner and Consul-General to India and South Asia, Graham Rouse, said on Wednesday.In an exclusive interview with IANS, Rouse said the recent elevation of India–New Zealand ties to a Strategic Partnership marks a h…
New Delhi, July 22 (IANS) Visakhapatnam retained the top spot among India’s non‑metro job markets among the fastest‑growing smaller cities for hiring and migration, a report said on Wednesday.The report from professional networking platform LinkedIn said Visakhapatnam was followed by Ludhiana, Surat, Vadodara and Prayagraj — occupying the top five positions.It underscored the rise of non‑metro hubs that are expanding beyond legacy industries. Technology, financial services, manufacturi…
Skopje, July 21 (IANS) Terming economic cooperation as an “important pillar” in ties between India and North Macedonia, President Droupadi Murmu on Tuesday announced that both nations have agreed to strengthen trade, investment and business-to-business collaboration. Addressing a joint press meet with North Macedonia counterpart Gordana Siljanovska-Davkova following their talks, President Murmu expressed confidence that her visit will open a new chapter in the bilateral ties. She expressed grati…
New Delhi, July 21 (IANS) Companies approved under the Production Linked Incentive (PLI) Scheme for Textiles have invested Rs 8,117.64 crore and created 33,427 new jobs as of March 31, 2026, the Centre informed Parliament on Tuesday.In a written reply to a question in the Lok Sabha, Minister of State for Textiles Pabitra Margherita said a total of 170 companies have been approved under the PLI Scheme for Textiles, with investments and employment generation continuing to gather pace.“Under the …
Mumbai, July 20 (IANS) The recently concluded India-United Kingdom Free Trade Agreement (FTA) is a landmark development that is expected to provide a major boost to Indian businesses across sectors, with benefits extending from large corporations to micro, small and medium enterprises (MSMEs), an industry body said on Monday.Speaking exclusively to IANS, Indian Merchants’ Chamber (IMC) President Prof. Mahendra Kumar Chouhan described the agreement as a “historic step” that would strengthen India…
New Delhi, July 15 (IANS) Export consignments worth over $140 million were dispatched on the first day of the landmark India–United Kingdom Comprehensive Economic and Trade Agreement (CETA) coming into force on Wednesday.A formal inauguration event to mark the entry into force of CETA was held at Vanijya Bhawan here. The function was attended by British High Commissioner to India Lindy Cameron, Commerce Secretary Rajesh Agrawal, Director General of Foreign Trade, representatives of Industry Ex…
New Delhi, July 15 (IANS) The landmark India-UK Comprehensive Economic and Trade Agreement (CETA), which has come into effect from Wednesday, grants zero-duty access on nearly 99 per cent of India’s exports, covering almost 100 per cent of the trade value, which will strengthen the country’s export competitiveness, according to a government factsheet.India will benefit from one of the most ambitious services commitments ever offered by the UK under a Free Trade Agreement.The agreement seeks to…
Mumbai, July 15 (IANS) The India–United Kingdom Comprehensive Economic and Trade Agreement (CETA), which came into effect on Wednesday, is expected to provide a major boost to India’s exports, employment and services sector by offering near-complete tariff-free access to the UK market, World Trade Centre (WTC) Mumbai Chairman Vijay Kalantri said on Wednesday.Welcoming the implementation of the agreement, Kalantri said nearly 99.5 per cent of the value of India’s exports to the UK would now enj…
New Delhi, July 14 (IANS) The India-UK Free Trade Agreement (FTA), which comes into force on Wednesday, represents a “gold standard” FTA due to its wide sectoral coverage that includes farmers, seafood exporters, and labour-intensive industries such as textiles, which will benefit from significant reductions in both tariff and non-tariff barriers, Commerce Secretary Rajesh Agrawal said on Wednesday.”This is one of the first free trade agreements (FTAs) of its kind, which establishes a future…