Benefits of the UK-India Free Trade Agreement for Indian Consumers

For example, tariffs on Scotch whisky will be reduced from 150% to 40% over a decade, while import duties on luxury cars like Rolls-Royce and Bentley will drop from 100% to 10%, making these products more affordable.

Greater choice and quality: Indian consumers will gain access to a wider selection of high-quality British goods, including advanced medical equipment, premium food products, and cutting-edge technologies. Increased competition from British brands is expected to encourage Indian manufacturers to improve product quality and innovation, benefiting consumers across the board.

Access to advanced technologies and services: The FTA will facilitate the import of modern British machinery and green technologies, supporting India’s industrial growth and the "Make in India" initiative. Expanded cooperation in education and professional services could provide Indian consumers with better access to British expertise and institutions.

The FTA is expected to boost economic growth and employment by stimulating trade and investment.

Summary Table of Benefits

Example products/areas: Impact on consumers.

• Lower prices: Whisky, luxury cars, cosmetics – more affordable imports
• Greater variety: Food, beverages, medical devices – wider product selection
• Improved quality: Cars, electronics – higher standards, innovation
• Access to advanced tech/services: Engineering, education, green tech – better products and opportunities
• Economic growth: All sectors – more jobs, higher incomes

Overall, Indian consumers will benefit from cheaper, higher-quality imported goods, greater choice, and a more dynamic economy as a result of the UK-India Free Trade Agreement.