Indian companies have welcomed the signing of the Free Trade Agreement between India and the United Kingdom. Indian companies say that the FTA will open a new frontier for India’s manufacturing and service sector, creating new business opportunities and job growth.
Here is a look at what the leading Indian companies and company leaders said on the India-UK FTA.
Ashok Hinduja- Hinduja Group
Ashok Hinduja, Chairman of Hinduja Group, said, “The signing of the India-UK trade deal is a landmark moment that ushers in a new era of strategic economic partnership—opening up unprecedented opportunities for growth, innovation, and investment. It lays the foundation for a robust alliance that will drive job creation, deepen technology ties, and elevate bilateral trade to new heights.”.
Ajay Piramal- Piramal Enterprises
Ajay Piramal, Chairman of Piramal Enterprises, said that the India-UK FTA is more than a trade agreement – it’s a catalyst for job creation, youth empowerment, and building a future-ready workforce. He added that for the Indian industry, it represents a meaningful step toward inclusive, sustainable economic growth with global partnerships at its core.
Sudarshan Venu- TVS Motors
Sudarshan Venu, Managing Director of TVS Motors, said, “The signing of the India-UK Free Trade Agreement is a pivotal moment – it opens new frontiers for Indian companies to take ‘Make in India’ to the world.”
Navin Agrawal- KPMG India
Navin Agrawal, Partner and Head – India UK Corridor, KPMG in India, said that this isn’t just a trade agreement—it’s a decade-long blueprint for innovation, value chain integration, and shared growth between two global economies.
He added, “Under the renewed FTA 2035 vision, this agreement extends the corridor’s strategic runway by five critical years, giving businesses and investors a longer horizon to plan, partner, and grow”
Hemant Jain- PHD Chamber of Commerce
Hemant Jain, President of PHD Chamber of Commerce, said, “We commend both governments for finalising a deal that promises to catalyse bilateral trade, enhance competitiveness of Indian SMEs, and open new doors for industries in manufacturing, services, and technology sectors. The agreement is a testimony to the strategic depth that will lead to doubling of bilateral trade to over $120 billion by 2030.”