India and the United Kingdom have concluded a free trade agreement to boost trade, investment, and innovation, focusing on strategic sectors.
The FTA aims to catalyze growth, job creation, and innovation in both economies through reduced tariffs on components and enhanced export potential.
Industry leaders, like Ashok Chandak, believe the FTA will boost India's image globally and benefit sectors like semiconductor design and embedded systems.
The agreement also facilitates skilled talent exchange, strengthens supply chain resilience, supports green electronics cooperation, and aligns with India’s goal to increase exports by $1 trillion by 2030.