India and the United Kingdom have signed a landmark <strong>free trade agreement</strong> during Prime Minister Narendra Modi's visit to the UK, marking a major step in economic cooperation between the two nations. The deal is set to reduce or eliminate tariffs on a wide range of goods, including <strong>Scotch whisky</strong>, cars, textiles, and agricultural products, and is projected to boost bilateral trade by over $34 billion annually. Key sectors in both countries, such as Indian farmers, textile producers, and British whisky makers, are expected to benefit significantly, while the agreement also promises new visa routes and investment opportunities. However, some concerns remain, including the impact on public health and the pace of tariff reductions for certain industries. The agreement signals India's gradual shift towards greater market openness and sets a template for future trade deals with other major economies.
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