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Starmer and Modi sign £6bn India-UK trade deal

UNITED KINGDOM, JUL 24 – The agreement will reduce tariffs on key goods and create over 2,200 jobs while generating around £6 billion in investment for the UK economy, officials said.

  • On July 24, 2025, Prime Minister Narendra Modi and Prime Minister Keir Starmer signed a UK-India trade deal at Chequers Estate, described as the biggest and most significant since Brexit.
  • After three years of talks that began under former Prime Minister Boris Johnson in 2022 and concluded in May, the Indian cabinet approved the deal this week as Modi makes his fourth UK visit.
  • Projections show the pact will boost bilateral trade by USD 34 billion annually, slash tariffs on British goods from 15% to 3%, and generate around £6 billion in investment with a £4.8 billion UK GDP uplift.
  • Officials noted that Business Secretary Jonathan Reynolds called it the `biggest deal Britain has done since Brexit`, while governments pledged enhanced cooperation on illegal migration and organised crime.
  • At a joint press conference, Sir Keir Starmer was invited to visit India in the near future, and discussions will continue on a bilateral investment treaty, with leaders pledging collaboration on defence, education, climate, technology and innovation.
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Leaders Starmer and Modi hail long-sought India-UK trade deal as historic

LONDON (AP) — The prime ministers of Britain and India sealed a hard-wrought trade agreement on Thursday that will slash tariffs on products including Scotch whisky and English gin shipped to India and Indian food and spices sent to the…

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GOV.UK broke the news in United Kingdom on Tuesday, July 22, 2025.
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