India has huge scope to expand processed food exports to UK after trade pact: TPCI

India and the UK have signed a trade agreement that removes many tariffs on Indian food products. This includes processed foods, shrimp, and instant coffee, which were previously taxed at high rates. The move aims to make Indian goods more competitive in the British market.
For investors, this deal opens a significant opportunity for Indian exporters. By lowering import costs for British buyers, the agreement could boost demand for Indian agricultural and food processing companies. This sector may see increased profitability as market access improves.
Investors should monitor the volume of orders from British buyers in the coming months. Tracking the performance of major food exporters will be key to understanding the long-term impact of this trade pact on the sector.
Excerpt from BusinessLine
India's processed food exports to the UK have significant room for growth, as the country accounts for just 0.6 per cent of Britain's $50.68 billion annual imports, with the India-UK trade pact removing tariffs on processed foods, shrimp and instant coffee, industry body TPCI said on Thursday. India and the UK on July…Read the original at BusinessLine
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