The India-UK free trade agreement has provisions to protect the country’s 14 production-linked incentive (PLI) sectors such as electronics, mobile manufacturing, white goods, drugs intermediaries, auto components, specialty steel, solar modules and drones for five to 10 years, commerce ministry officials said on Sunday.
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The India-UK comprehensive economic and trade agreement (CETA), signed on Thursday, provides for gradual tariff reduction on India’s strategically important products, particularly those where domestic capacity is being built under flagship initiatives such as the Make
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