M.B.Patil ,Minister for Commerce & Industries, Infrastructure Govt of Karnataka attended the event hosted by the British Deputy High Commission in Bengaluru to mark the coming into force of the India–UK Free Trade Agreement (FTA), a landmark milestone that ushers in a new era of economic cooperation, trade and investment between our two nations and he addressed that
Karnataka stands to be one of the biggest beneficiaries of this agreement. Home to several leading British companies – including Rolls-Royce, BAE Systems, Tesco, ARM and HSBC – and nearly 30,000 jobs created by UK firms, our state has long been a trusted destination for British investment.
We are confident this partnership will grow even stronger, attracting many more UK businesses to Karnataka. With zero-duty market access for 99% of Indian exports, the agreement will enhance the global competitiveness of our industries, open new opportunities for exporters and MSMEs, strengthen supply chains, and accelerate growth across sectors such as advanced manufacturing, aerospace & defence, semiconductors, clean mobility, biotechnology and deep technology.
The Government of Karnataka remains committed to empowering our exporters, supporting innovation, strengthening industry-academia collaboration, and providing investors with speed in approvals, stability in policy, and unwavering support. As India and the UK embark on this new chapter of economic partnership, Karnataka is ready to lead the way in translating this landmark agreement into greater investments, stronger exports, high-quality jobs, and shared prosperity.
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