Bahra University - Shimla Hills

India UK trade agreement

India-UK Trade Deal Set to Boost Duty-Free Steel Exports to $1 Billion

India-UK Trade Deal Set to Boost Duty-Free Steel Exports to $1 Billion

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July 15, 2026

India's annual duty-free steel exports to the UK are projected to reach $1 billion under the newly active trade agreement. The boost comes after successful negotiations secured India a larger quota under the UK's new steel safeguard measures, which otherwise levy a 50 percent tariff on excess imports.

Jaguar Land Rover, luxury cars to get cheaper as import duty from UK cut to 10%

Jaguar Land Rover, luxury cars to get cheaper as import duty from UK cut to 10%

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July 12, 2026

Luxury cars imported from the UK will become cheaper as India slashes import duties to 10% under the newly signed India-UK comprehensive economic and trade agreement. The phased duty reduction safeguards domestic EV manufacturing while clearing the path for zero-duty Indian EV exports to the UK starting from the sixth