In a significant development, India has opened its central government procurement market to British companies as part of the recently finalised Free Trade Agreement (FTA) with the United Kingdom. This move marks a substantial step in strengthening bilateral economic ties and offers UK businesses unprecedented access to India’s vast public procurement sector.
This development provides UK companies with a significant opportunity to expand their footprint in one of the world’s largest public procurement markets. By participating in India’s central government tenders, British firms can tap into new business avenues and foster deeper economic collaboration between the two nations.
Read More: India-UK Trade Deal Boosts Indian Textile Companies
The inclusion of government procurement access in the India-UK FTA represents a milestone in bilateral trade relations. It not only opens up substantial economic opportunities for British businesses but also sets a precedent for future trade agreements involving India and other nations.
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Published on: May 8, 2025, 3:34 PM IST
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