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India and UK seal defense pact, aiming to double India's engineering exports to UK by 2029.
India and the UK have finalized a defense industrial roadmap to co-develop and co-produce defense products, enhancing their strategic ties.
Tariffs on engineering goods under their Free Trade Agreement have been eliminated, potentially doubling India's engineering exports to the UK to over $7.5 billion by 2029-30.
This agreement also aims to boost cooperation in emerging technologies like AI and biotech, and the UK's Carrier Strike Group will visit Mumbai in October.
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India y el Reino Unido firman el pacto de defensa, con el objetivo de duplicar las exportaciones de ingeniería de la India al Reino Unido para el año 2029.