1. India sees huge scope to expand processed food exports to UK after trade pact

India sees huge scope to expand processed food exports to UK after trade pact

World

  • India accounts for just 0.6% of the UK’s $50.68 billion annual processed food imports, leaving significant room for growth.
  • • The India-UK trade pact has removed tariffs of up to 70% on processed foods, along with duties on shrimp and instant coffee.
  • TPCI and the UK-India Business Council have partnered to connect businesses, share market intelligence and help Indian exporters expand in the UK.

Source: economictimes.indiatimes.com

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