The figures are significant. Bilateral trade is projected to increase by £25.5 billion annually, up from the current £43 billion. More crucially, it could add £5.1 billion to India’s annual GDP over time. Behind these numbers lie the hopes of millions of Indians expanding their reach to global markets, from artisans to technology startups.
The agreement also promises streamlined customs processes for goods clearance within 48 hours, slashing the red tape that small and medium enterprises often face. This reflects PM Modi’s long-standing push to transform India into a top global trade and investment destination.
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