New Delhi, May 8 -- Sharing more details on the India-UK FTA, Union Commerce and Industry Minister Piyush Goyal said that UK-based suppliers will be eligible to bid for government tenders only for orders of more than Rs 200 crore.

The Union Minister further added that market access to the UK under FTA will be limited to the Non-sensitive central level entities only, and access for sub-central (state / local government) level entities is excluded.

He said for the first time, the UK agreed to take a binding commitment to provide non-discriminatory treatment to our suppliers under UK's Social Value regime in their public procurement system.

India's government procurement market is among the largest in the world, estimated at nearly USD 60...