27-July-2025
Economy News
 
Government procurement: Govt defends leeway for UK, says $112-billion market opened for India
26-Jul-2025

The public procurement provisions of the India-UK Comprehensive Economic and Trade Agreement (CETA) will open up $ 122 billion worth of market for Indian companies without any discrimination, commerce secretary Sunil Barthwal said Friday. “For the first time the UK has agreed to take a binding commitment to provide non-discriminatory treatment for Indian suppliers under the UK’s social value regime,” he said. India’s commitment under the agreement on public procurement would open up $ 114 billion market for the suppliers in the UK.

News Source:- https://www.financialexpress.com/policy/economy-government-procurement-govt-defends-leeway-for-uk-says-112-billion-market-opened-for-india-3926997/