London, July 24 -- Farmers in India are among the major winners as they are set to get preferential access to UK's agricultural market -- pegged to be around USD 37.5 billion -- with the signing of the landmark India-UK Free Trade (FTA) Agreement.

Post the formalisation of the FTA, it is expected to open premium markets in the UK for Indian produce, offering similar or even better benefits than those enjoyed by exporters from European countries like Germany and the Netherlands.

Indian staples such as turmeric, pepper, and cardamom, along with processed products like mango pulp, pickles, and pulses, will get duty-free access, improving their margins and market reach. Over 95 per cent of India's agricultural and processed food tariff line...