India-UK trade deal to boost key exports

India and the UK will sign a trade agreement on July 24 during Prime Minister Narendra Modi’s visit, aiming to double bilateral trade to $120bn by 2030.

The deal is expected to boost Indian exports in textiles, leather, gems and jewellery, pharmaceuticals, and engineering goods by removing duties and easing market access. It may also simplify UK approvals for Indian drugs and open new opportunities for IT and professional services, according to Firstpost.