In 2022-23, India s merchandise exports to the UK were valued at USD 11.41 billion and out of this, USD 6 billion worth of goods such as petroleum products, medicines, diamonds, machine parts, airplanes, and wooden furniture entered Britain at zero levy, it said.
In 2022-23, India s merchandise exports to the UK were valued at USD 11.41 billion and out of this, USD 6 billion worth of goods such as petroleum products, medicines, diamonds, machine parts, airplanes, and wooden furniture entered Britain at zero levy, it said.
The potential upside for United Spirits lies in its strong volume growth and potential earnings growth of 12% to 15% in the future. The positive impact of the UK Free Trade Agreement (FTA) has not been fully factored in yet. In terms of the wine industry, there is expected to be strong volume growth, particularly in metro cities, with an overall growth rate of 12% to 15%. The FTA could lead to a decrease in the price of bottled scotch, boosting sales for United Spirits.
India is not seeking more visas in the UK-India trade deal, according to the Indian High Commissioner to the UK, Vikram Doraiswami. Instead, India is advocating for easier intra-company transfers and portable pensions. Doraiswami emphasized that India is not asking for migrants to come to the UK and clarified that India is a net recipient of migration.
India Business News: NEW DELHI: The government is hoping to complete the negotiations on a trade deal with the UK over the next two weeks, while stating that it is eyeing .