UK Firms Ramp Up Expansion into India Following Free Trade Agreement Boost

UK firms are rapidly expanding into India, driven by the promising Free Trade Agreement, with 73% planning to establish operations and over half aiming to scale up within a year.

• A recent report by Grant Thornton International reveals that 73% of UK firms intend to enter the Indian market, marking a significant shift in business strategy following the Free trade agreement.
• Over 50% of existing UK businesses in India plan to scale their operations within the next year, indicating confidence in the opportunities presented by the Comprehensive Economic and Trade Agreement.
• The Free trade agreement is viewed as a game-changer for UK businesses, as they seek to capitalize on Indias growing economy and market potential.