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How the India-UK Free Trade Agreement Unlocks New Opportunities for Indian Farmers and Exporters

India-UK Free Trade Agreement: A Boon for Indian Farmers

The India-UK Free Trade Agreement (FTA) is set to revolutionize the agricultural export landscape for Indian farmers, offering them unprecedented access to premium markets in the United Kingdom.

India-UK free trade agreement: Indian farmers to benefit most; Here's why

Key Benefits for Agricultural Products

Under the new trade framework, Indian agricultural products will enjoy duty-free access, surpassing the terms available to many European countries. This includes traditional items like turmeric, pepper, and cardamom, as well as processed goods such as mango pulp and pickles.

Projected Growth and Opportunities

Agricultural exports from India to the UK are expected to surge by more than 20% in the next three years. The agreement also opens doors for innovative products like jackfruit and millets, supporting agricultural diversification.

Impact on the Fisheries Sector

The fisheries sector, especially in states like Andhra Pradesh and Kerala, will see significant benefits from the removal of duties on exports such as shrimp and tuna, tapping into the UK's $5.4 billion marine imports market.

Aiming for $100 Billion in Agricultural Exports

This FTA is a strategic step towards India's ambitious target of $100 billion in agricultural exports by 2030, marking a potential game-changer for the country's farmers and food producers.