Impact assessment

UK-India Free Trade Agreement: impact assessment

This impact assessment sets out the potential economic, sectoral, distributional and environmental impacts of the UK-India Free Trade Agreement.

• From: Department for Business and Trade
• Published: 24 July 2025
• Last updated: 9 March 2026
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  1. 9 March 2026

     The analytical modelling used to identify potential impacts on developing countries from Free Trade Agreements has been reviewed and revised. These revisions have led to minor changes being made in the products identified from the preference erosion analysis. An updated iteration of Table 25: Developing countries' exports, identified as being at potential risk of trade diversion from a UK-India FTA (2021 to 2023 average, calculations on HMRC trade data), has been included.

  2. 24 July 2025

     First published.

This was published under the 2024 to 2026 Starmer Labour government

Documents

Impact assessment of the Free Trade Agreement between the UK and India executive summary (web version)

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Impact assessment of the Free Trade Agreement between the UK and India (PDF version)

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Details

This impact assessment on the UK-India Free Trade Agreement builds on the analysis that was published in the technical note of the preliminary economic impacts of the UK-India Free Trade Agreement. The purpose of the impact assessment is to provide Parliament and the public with information on the potential economic impacts of the agreement.

This includes an assessment of impacts on the UK’s regions and nations, sectors, employment, environment, consumers and businesses as well as the potential impacts on developing countries.