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        News and Press Release

        Union Ministry of Commerce and Industry Shri Piyush Goyal Urges Companies to Build on India–UK CETA Momentum Through Sustained Business Engagement

        June 29, 2026

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        Shri Piyush Goyal Launches Four Knowledge Reports on India–UK Economic Partnership

        Union Minister of Commerce & Industry, Shri Piyush Goyal, led the India–UK: Partners in Progress Business Plenary in London and urged Indian companies to strengthen engagement with their UK counterparts to translate emerging opportunities under the India–UK Comprehensive Economic and Trade Agreement (CETA) into sustained business growth.

        The plenary was attended by leading industry representatives from both countries, who welcomed CETA as a transformative framework for strengthening bilateral trade and investment. The discussions highlighted the agreement’s potential to promote long-term investment, technology partnerships, innovation, resilient supply chains and deeper economic cooperation between India and the United Kingdom.

        The deliberations focused on the effective implementation of CETA, with industry representatives emphasising 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 greater talent mobility to enable businesses to fully leverage the opportunities arising from the agreement.

        On the occasion, Shri Piyush 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. The reports are intended to provide businesses with insights and practical guidance for effectively leveraging opportunities under CETA.

        During the plenary, industry representatives also presented recommendations emerging from sectoral roundtable discussions covering healthcare, advanced manufacturing, clean energy, science and technology, services and consumer goods. The recommendations highlighted opportunities for expanding bilateral collaboration through innovation, investment and stronger business partnerships.

        Following the plenary, Shri Piyush Goyal concluded two days of business engagements in the United Kingdom with an interactive debriefing session with the Indian business delegation. Members of the delegation shared key learnings from their engagements, interactions with prospective partners and business opportunities identified across multiple sectors.

        The engagements reaffirmed the strong momentum behind the India–UK Comprehensive Economic and Trade Agreement and reflected the shared commitment of both governments and industry to translate the agreement into tangible trade and investment outcomes.

        India-UK trade cooperation advances through CETA-focused business engagement, simpler compliance, and stronger investment partnerships. The India-UK Comprehensive Economic and Trade Agreement is presented as a framework for deepening bilateral trade and investment through sustained business engagement, with emphasis on long-term investment, technology partnerships, innovation, resilient supply chains and broader economic cooperation. Industry discussions highlighted the need for effective implementation of CETA by increasing awareness of the agreement, especially among MSMEs, and by simplifying regulatory procedures and certification requirements so businesses can better use the opportunities arising under the agreement. The business plenary also underscored strengthening industry-to-industry partnerships and facilitating greater talent mobility.
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                                India-UK trade cooperation advances through CETA-focused business engagement, simpler compliance, and stronger investment partnerships.

                                The India-UK Comprehensive Economic and Trade Agreement is presented as a framework for deepening bilateral trade and investment through sustained business engagement, with emphasis on long-term investment, technology partnerships, innovation, resilient supply chains and broader economic cooperation. Industry discussions highlighted the need for effective implementation of CETA by increasing awareness of the agreement, especially among MSMEs, and by simplifying regulatory procedures and certification requirements so businesses can better use the opportunities arising under the agreement. The business plenary also underscored strengthening industry-to-industry partnerships and facilitating greater talent mobility.





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