UK-India Trade Deal to Create Thousands of Jobs and Boost Bilateral Investments
Mumbai, October 2025 – The Comprehensive Economic and Trade Agreement (CETA) between the United Kingdom and India is set to transform the economic landscape of both nations, with new opportunities for businesses, significant investments, and job creation. UK Prime Minister Keir Starmer, speaking at the Global Fintech Fest in Mumbai, underscored the importance of this historic partnership, which promises to create over 10,600 jobs and attract substantial investments into the UK.
In what is being hailed as a breakthrough moment in UK-India relations, the trade deal ensures that India’s exports to the UK will enjoy unprecedented duty-free access, covering nearly the entire trade basket. The agreement is expected to benefit a wide range of sectors, from textiles and leather to engineering goods, auto components, and even cutting-edge industries like renewable energy and tech.
A Partnership for the Future
PM Starmer, during his visit to India, emphasized the growing economic cooperation between the two countries. “The UK and India are natural partners, and the signing of this agreement is just the beginning,” Starmer stated. “We are on track to become global leaders in sectors such as technology, life sciences, and renewable energy, and we want to build these sectors together.”
The deal aims to unlock new markets, create fresh business opportunities, and foster collaboration in key industries like fintech, AI, and green technologies. India, on track to become the third-largest economy by 2028, is a rapidly growing market for British businesses, with immense potential for investment, innovation, and talent development.
“We want the UK to be your number one partner of choice for finance and fintech. India’s growth trajectory, especially with its young population and technological advancements, makes it an ideal partner,” Starmer added.
Job Creation and Economic Growth
The CETA is also set to create tens of thousands of jobs in both countries. According to estimates, the deal will generate 10,600 jobs in the UK alone, with sectors such as tech, manufacturing, and renewable energy being among the largest beneficiaries. The job creation is expected to spread across various regions in the UK, with significant employment opportunities in areas such as the North West, the Midlands, Yorkshire, and Northern Ireland.
In addition to boosting job creation, the trade agreement is set to enhance bilateral investments. UK businesses are expected to expand their presence in India, tapping into the country’s rapidly growing consumer base, tech industry, and emerging markets. Likewise, Indian companies will gain easier access to the UK, helping them expand their operations and access new growth opportunities.
Focus on Technology and Innovation
Both the UK and India are recognized as leaders in the global tech sector. The UK is one of only three countries with a trillion-dollar tech industry, while India is rapidly becoming a key player in the technology space, especially in areas like artificial intelligence (AI) and digital services.
The trade deal’s focus on fostering innovation, especially in fintech, renewable energy, and AI, is seen as a major step toward solidifying the two countries’ leadership in these sectors. During his visit, Starmer highlighted that both nations are in the top four positions globally in AI and tech, making this collaboration vital for the future of the global economy.
“This trade agreement will position both the UK and India at the forefront of the industries of the future,” Starmer said. “From AI to life sciences and renewable energy, our shared ambition is to lead the world in these sectors, and together, we are perfectly positioned to achieve that.”
Strengthening Global Stability
In addition to economic collaboration, the UK-India trade deal also holds geopolitical significance. With growing uncertainty in many regions of the world, the UK and India are committed to promoting global peace, security, and economic stability. Both nations have worked closely in multilateral forums such as the Commonwealth and the G20, and their cooperation in trade and investment will further strengthen this alliance.
Prime Minister Starmer also reaffirmed the UK’s support for India’s push for a permanent seat at the UN Security Council, a move that reflects the growing global influence of India in shaping global economic and political discourse.
A Bright Future Ahead
With the signing of CETA, the UK and India have set the stage for deeper economic, trade, and investment ties. From business leaders to policymakers, the sentiment around the deal is overwhelmingly positive, with a shared vision of a prosperous future for both countries.
“We are opening new opportunities for British businesses in India, which offers advantages that few other countries can provide. This partnership will create real economic value and open doors for British companies to access one of the world’s largest and fastest-growing markets,” Starmer concluded.
With both nations focused on building sectors of the future and leveraging their strengths in technology, finance, and innovation, the UK-India trade deal is poised to be a transformative force in the global economy. The agreement’s long-term impact will not only be felt in the economic spheres of both nations but also in strengthening their strategic, political, and cultural ties. As India moves closer to becoming the world’s third-largest economy, its partnership with the UK will be a key factor in shaping the future of global trade and economic growth.
Leave a Reply