Goyal Urges Industry to Capitalise on India-UK Trade Pact
Commerce Minister calls for stronger business engagement to unlock opportunities under India-UK CETA
- Piyush Goyal urged businesses to leverage opportunities under the India-UK CETA.
- He chaired the India-UK: Partners in Progress Business Plenary in London.
- Four knowledge reports were launched to help businesses utilise the trade agreement.
- Industry sought greater awareness, simpler regulations and stronger partnerships.
GG News Bureau
London, 27th June: Union Commerce and Industry Minister Piyush Goyal urged Indian companies to deepen engagement with their British counterparts to fully leverage opportunities under the India-UK Comprehensive Economic and Trade Agreement (CETA), describing the pact as a catalyst for expanding bilateral trade and investment.
Speaking at the India-UK: Partners in Progress Business Plenary in London, Goyal said sustained business collaboration would be key to translating the trade agreement into long-term economic growth, innovation and stronger supply chains.
The plenary brought together leading industry representatives from both countries, who welcomed CETA as a transformative framework for boosting investment, technology partnerships and economic cooperation.
Industry participants emphasised the need to create greater awareness of the agreement, particularly among MSMEs, simplify regulatory procedures and certification requirements, strengthen industry-to-industry partnerships and facilitate talent mobility to maximise the benefits of the pact.
On the occasion, Goyal launched four knowledge reports—FICCI’s The Evolving India-UK Partnership, CII’s Indian Roots, British Soil: Charting Indian Industry’s Footprints in the UK 2026, the UKIBC-HSBC UK-India CETA Utilization Manual, and CareEdge’s Sovereign Ratings – A Fresh Perspective—to provide businesses with practical guidance on utilising the agreement.
The discussions also focused on expanding cooperation in healthcare, advanced manufacturing, clean energy, science and technology, services and consumer goods through greater innovation, investment and business partnerships.
Concluding his two-day visit to the United Kingdom, Goyal held an interactive debriefing with the Indian business delegation, where participants shared key takeaways, potential collaborations and investment opportunities identified during the engagements.
The meetings reaffirmed the strong momentum behind the India-UK CETA and reflected the commitment of both governments and industry to translate the agreement into tangible trade, investment and business outcomes.
