India and the United Kingdom have signed a landmark Free Trade Agreement (FTA) during Prime Minister Narendra Modi's visit to the UK. The deal will significantly reduce tariffs on a wide range of goods, including Scotch whisky, cars, textiles, and medical devices, making these products cheaper in both countries. The agreement is projected to double bilateral trade to $120 billion by 2030, create thousands of jobs, and attract billions in new investments. While some sectors, like British carmakers, expressed disappointment over delayed tariff reductions, the overall response has been positive, with both leaders hailing the deal as a major post-Brexit achievement. The FTA also opens new markets for Indian farmers and businesses, while protecting sensitive sectors such as dairy and edible oils.
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