India’s trade relationship with the United Kingdom is set to receive a major boost after the two countries finalised key provisions under their free trade agreement that favour Indian exporters and skilled professionals.
A major breakthrough came in the steel sector, where India secured protection for around 85% of its steel exports from the UK’s proposed safeguard measures. The exemption ensures that most Indian steel shipments will continue to enjoy smoother access to the British market despite tighter import controls planned by the UK.
The agreement also brings welcome relief for Indian professionals working in Britain. Under the revised social security arrangement, employees deputed to the UK by Indian companies will receive an exemption from social security contributions for up to five years. Previously, the exemption period was three years.
The move is expected to lower employment costs and increase take-home benefits for thousands of Indian workers, particularly in sectors such as information technology, consulting and engineering. Officials estimate that a vast majority of Indian professionals working on temporary assignments in the UK will gain from the change.
The India-UK trade deal, set to take effect from July 15, is expected to accelerate bilateral trade and create fresh business opportunities. Both countries view the agreement as a strategic step towards stronger economic cooperation and greater workforce mobility.
With benefits extending to both industry and professionals, the agreement is being seen as one of the most significant milestones in India-UK economic relations in recent years.
Also Read: Navi Mumbai, Guwahati among World’s most beautiful airports
