New Delhi, July 31 -- India and the United Kingdom signed a landmark free trade agreement (FTA) on July 24, 2025, which is set to give a big boost to Indian renewable energy exports.
The deal includes zero tariffs on cleantech products such as solar modules, wind turbines, and related engineering equipment, making Indian goods more competitive in the UK market.
This agreement comes at a crucial time as renewable energy demand from the US has slowed due to changes in its incentive policies. With this slump reducing exports to the US, India's access to the UK market offers an important alternative for its cleantech industry.
Vinay Rustagi, Chief Business Officer at Premier Energies, welcomed the agreement, calling it "perfectly timed" an...
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