📷 Image: Wikimedia Commons / Alecsandra Dragoi / No 10 Downing Street
Business
India's Exports to UK Could Hit $115bn by 2030, Assocham Says
✍️ ET Government
🗓 26 Jul 2026, 09:03 AM
👁 4
The Associated Chambers of Commerce and Industry of India (Assocham) estimates that India's exports to the United Kingdom could rise to $115 billion by 2030 following the recently signed trade agreement.
The Associated Chambers of Commerce and Industry of India (Assocham) has projected that India's exports to the United Kingdom could reach $115 billion by the year 2030, citing the impact of the newly signed trade pact between the two nations.
Assocham’s forecast is based on an analysis of the trade agreement’s provisions, which are expected to ease tariff barriers and streamline customs procedures for Indian exporters.
The trade pact is seen as a catalyst for expanding India’s presence in the UK market, potentially opening new opportunities across various sectors.
The forecast was released by Assocham in a statement to the media and is being monitored by policymakers and industry stakeholders for its implications on bilateral trade growth.
Assocham’s forecast is based on an analysis of the trade agreement’s provisions, which are expected to ease tariff barriers and streamline customs procedures for Indian exporters.
The trade pact is seen as a catalyst for expanding India’s presence in the UK market, potentially opening new opportunities across various sectors.
The forecast was released by Assocham in a statement to the media and is being monitored by policymakers and industry stakeholders for its implications on bilateral trade growth.