The UK-India trade relationship is thriving in 2024, with the final round of FTA negotiations expected to conclude by the second half of the year. The FTA is expected to further boost trade and investment between the two nations. The UK has an untapped export potential of over £6 billion in the Indian market, whereas India has room for an additional £5.3 billion in exports to the UK. In terms of investments, the UK remains the 6th largest investor in India with US$34.79 billion in FDI, while India ranks as the 2nd largest FDI contributor to the UK, with 954 companies generating US$65 billion in revenue.

International Economics’ latest UK-India Trade Update covers bilateral relations between both countries for trade in goods, services, investment, as well as the opportunities arising from a potential FTA.