India and the UK signed a landmark free trade agreement on Thursday, eliminating duties on key sectors. The deal significantly benefits Indian exports of generic medicines and medical devices like X-ray machines and surgical tools, boosting their competitiveness in the UK market.

Prime Minister Narendra Modi with his British counterpart Keir Starmer during a meeting at Chequers Estate, in UK. Pic/PTI
On Thursday, India and the UK signed a Free Trade Agreement (FTA), which is expected to give a major boost to trade between the two countries. As reported by news agency PTI, India's exports of generic medicines and medical devices, such as X-ray systems and surgical instruments, will receive a major boost with Britain agreeing on zero duty under the Free Trade Agreement.
Along with several parts of the India-UK trade agreement, this section of the FTA, inked between the UK and India on Thursday, was agreed in the presence of Prime Minister Narendra Modi and UK Premier Keir Starmer.
One of the officials from the Commerce Ministry stated that "a significant share of medical devices like surgical instruments, diagnostic equipment, ECG machines, and X-ray systems will not attract any duty," as cited by news agency PTI.