Piyush Goyal launches India-UK CETA business manual ahead of trade pact rollout
New Delhi, June 27
A practical business utilisation manual for the India-UK Comprehensive Economic and Trade Agreement was launched by Union Minister of Commerce and Industry Piyush Goyal in London to help businesses in both countries maximise the benefits of the landmark trade pact before it comes into force on July 15, it was announced on Saturday.
The 'UK-India CETA Business Utilisation Manual - A Practical Activation Guide for Indian and UK Businesses' was launched during an event organised by FICCI and supported by the UK India Business Council (UKIBC).
Developed jointly by the UKIBC and HSBC India, the manual is designed as a practical, sector-wise guide that translates the provisions of the trade agreement into actionable insights for businesses.
It is intended to serve as a living document to help companies understand and effectively utilise the opportunities created by the CETA, according to the press release.
The launch comes ahead of the implementation of the India-UK trade agreement on July 15, which is expected to provide greater market access, reduce trade barriers and deepen economic engagement between the two countries.
According to the organisers, the two-day programme in London brought together senior business leaders from India and the UK at a crucial juncture in bilateral economic ties.
Dr. Kishore Jayaraman, Group CEO, UK India Business Council said that the UK-India CETA marks a defining moment in one of the world's most consequential economic partnerships, adding that the manual launched by the Commerce Minister is a first of-its-kind business utilisation guide, it translates a complex trade agreement into a practical roadmap for businesses operating across both markets.
"We at UKIBC are committed to ensuring that businesses across both countries are equipped not only to understand the agreement, but to fully leverage its potential," according to Jayaraman.
Meanwhile, HSBC India CEO Hitendra Dave said the agreement provides greater certainty, improved market access and stronger commercial collaboration, while encouraging businesses to use the manual as a starting point for expanding cross-border trade and investment.
Moreover, India and the UK have witnessed growing trade engagement in recent years, with bilateral trade reaching around 47.9 billion pounds (roughly $56-60 billion) in the four quarters ending Q4 2025, reflecting an increase of about 10 per cent over previous years, the release added.
— IANS
Reader Comments
I hope this CETA benefits our farmers and textile workers too, not just big corporations. The manual sounds good in theory, but let's see how it translates on the ground. Still, any step to boost exports is welcome!
As someone who trades between India and UK, this manual is exactly what we needed. The trade agreement text is so dense that small businesses just give up. A practical guide is a game-changer. Kudos to FICCI and HSBC.
Interesting timing with the July 15 rollout. I just hope the manual is updated regularly as sectors evolve. Trade agreements are living documents—a one-time guide might become outdated quickly. Still, a positive step forward!
My cousin runs a small export business in Coimbatore and he was clueless about how to use the CETA. This manual will be a lifesaver for people like him. Hope it's available in regional languages too, not just English!
I work with Indian IT firms expanding to UK, and the manual's sector-wise approach is brilliant. However, I worry about non-tariff barriers and visa issues for professionals—those need addressing too, not just tariff cuts. But hey, baby steps! 👍
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