On Thursday, the India-UK Free Trade Agreement was signed and formalised, during Prime Minister Narendra Modi’s visit to the UK, where he met his counterpart Keir Starmer. The deal was signed by commerce minister Piyush Goyal and Jonathan Reynold, his British counterpart. The trade deal had been under negotiations for three years and is expected to boost bilateral trade between the two economies by $34 billion annually. The FTA will bring significant benefits to India by opening new avenues of growth, skill development, and employment opportunities for Indians across multiple sectors. The FTA will benefit not just the youth looking to build careers in information technology, financial services, professional services, management consultancy, architectural and engineering, and more, but will also support young entrepreneurs, and Indian graduates to pursue careers in the UK. “Our landmark trade deal with India is a major win for Britain. It will create thousands of British jobs across the UK, unlock new opportunities for businesses and drive growth in every corner of the country, delivering on our Plan for Change,” said PM Starmer. 26 British companies have announced new business in India.