New Delhi, June 27 (IANS) Union Commerce and Industry Minister Piyush Goyal has urged Indian companies to deepen engagement with their UK counterparts and translate opportunities under the India-UK Comprehensive Economic and Trade Agreement (CETA) into sustained business growth, it was announced on Saturday.
Addressing the India-UK: Partners in Progress Business Plenary in London, Goyal said the landmark trade pact offers significant opportunities to strengthen bilateral trade, investment, technology partnerships, innovation and resilient supply chains, according to a Ministry of Commerce & Industry statement.
The plenary brought together leading industry representatives from India and the UK, who welcomed the CETA as a transformative framework for expanding economic cooperation between the two countries.
During the discussions, industry leaders called for greater awareness of the agreement, particularly among micro, small and medium enterprises (MSMEs), simpler regulatory procedures and certification requirements, stronger industry-to-industry partnerships and enhanced talent mobility to enable businesses to fully leverage the pact.
On the occasion, Goyal launched four knowledge reports, including 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 Utilisation Manual and CareEdge’s Sovereign Ratings – A Fresh Perspective.
The reports are intended to provide businesses with practical guidance and insights to maximise opportunities arising from the CETA, the ministry said.
Industry representatives also presented recommendations from sectoral roundtable discussions on healthcare, advanced manufacturing, clean energy, science and technology, services and consumer goods, highlighting opportunities to deepen bilateral collaboration through innovation, investment and stronger commercial partnerships, it added.
Goyal concluded his two-day business engagements in the UK with an interactive session with the Indian business delegation, during which participants shared key learnings and business opportunities identified across sectors.
Apart from that, the minister has stated that Indian entrepreneurs should be mindful that they are representing the country when labelling a product ‘Made in India’.
In a post on X, the minister said that quality is a national responsibility for Indian entrepreneurs.
–IANS
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