Synopsis : TVS Motor hails the India-UK Free Trade Agreement signed during PM Modi’s UK visit as a transformative step for Indian manufacturing. The FTA is set to double bilateral trade to $120 billion by 2030, and fuel the global ambitions of companies like TVS under the ‘Make in India’ drive.
TVS Motor Applauds India-UK FTA as PM Modi Seals Landmark Deal in Britain
TVS Motor Company has welcomed the signing of the India-UK Free Trade Agreement (FTA), finalized during Prime Minister Narendra Modi’s official visit to the United Kingdom. This deal, poised to double bilateral trade between the two nations from USD 60 billion to USD 120 billion by 2030, marks a new chapter in India's global trade and manufacturing ambitions.
The FTA strengthens the Indian government’s flagship 'Make in India' initiative, unlocking access to international markets and promoting the export of high-value Indian products. For TVS Motor, which recently acquired British motorcycle icon Norton, this deal provides a timely boost as it gears up to launch new Norton vehicles in the UK.
Strategic Opportunities for TVS Motor:
TVS Motor’s Managing Director, Mr. Sudarshan Venu, expressed optimism, stating:
“We are deeply inspired by Prime Minister Modi’s vision of Viksit Bharat. The signing of the FTA is a pivotal moment—it energises our global ambitions and opens new trade frontiers for ‘Make in India’. The launch of our new Norton range will benefit immensely from stronger India-UK ties.”
The FTA is expected to enhance technological collaboration, reduce tariffs, and facilitate smoother export-import logistics between the two countries—creating immense potential for Indian manufacturers to amplify their global reach.
A New Era for Indian Manufacturing:
Strengthened India–UK trade relations
Greater support for domestic brands expanding abroad
Potential inflow of British investments in Indian innovation and design
Easier access to premium markets for Indian companies
TVS Motor sees this agreement as a major milestone in taking Indian engineering and innovation global, especially as the company eyes leadership in premium motorcycles and EVs.
Disclaimer : This article is for informational purposes only and is not intended as investment or trade advice. Readers are encouraged to consult financial or trade experts for detailed guidance.
