India s commerce ministry on February 15 said that majority of the chapters in the India-UK FTA are either closed or are at advanced stages of negotiations
New Delhi: Prime Minister Narendra Modi and his British counterpart Rishi Sunak have reiterated their commitment to achieving "an early conclusion of a mutually beneficial Free Trade Agreement (FTA)."
Outstanding issues include UK s reluctance over India s stand that British automakers have to increase utilisation of local components in their vehicles to 45% to get concessions from New Delhi