India grants UK access to £38 bn Indian procurement market under FTA

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India grants UK access to £38 bn Indian procurement market under FTA - Business Standard

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This will allow British businesses to bid for around 40,000 Indian tenders with a value of at least 38 billion pounds a year, according to the UK government.

In a significant concession to the United Kingdom (UK) under the just-concluded free trade agreement (FTA), India has granted “legally guaranteed access” to its vast government procurement market.