New Delhi, July 3 -- The Free Trade Agreement (FTA) between India and the United Kingdom is expected to significantly bolster Indian exports, facilitate worker mobility, and deepen economic engagement with the UK, according to a report released by S&P Global Market Intelligence on Wednesday.

Highlighting the strategic value of the agreement, S&P noted that the FTA aligns with India's broader efforts to diversify trade relationships amid shifting global trade dynamics.

It anticipates that expanded Indian merchandise and manufacturing exports-particularly textiles and apparel-will benefit from improved access to the UK market, offering an alternative to the US where exporters face persistent entry barriers. The India-UK FTA aims to double...