India-UK trade deal comes into effect: What’s cheaper in each country now?

The India-UK Comprehensive Economic and Trade Agreement (CETA) came into effect on July 15, 2026, eliminating tariffs on thousands of goods. Indian exporters gain immediate duty-free access to most UK tariff lines, benefiting sectors like textiles. The UK gains wider access to Indian markets through phased tariff cuts and quotas in automobiles and other sectors. Indian Commerce Minister Piyush Goyal called it a 'defining milestone' in India-UK ties.