NEW DELHI : The National Industrial Corridor Development Corporation (NICDC) has highlighted the transformative potential of the India–UK Comprehensive Economic and Trade Agreement (CETA), stating that the landmark pact will usher in a new era of bilateral economic cooperation by strengthening trade, investment, manufacturing, and innovation between the two countries.
With the agreement providing zero-duty market access for nearly 99% of India’s exports, Indian industries are expected to become more competitive in the UK market while integrating more deeply into global value chains. The agreement is also poised to create fresh opportunities across key sectors, including engineering goods, automobiles, textiles, pharmaceuticals, chemicals, food processing, and advanced manufacturing.
NICDC said it supports its network of Industrial Smart Cities and integrated industrial corridors is well-positioned to support this growth by providing world-class industrial infrastructure, multimodal logistics connectivity, and investor-friendly ecosystems. These developments are designed to enable industries to establish manufacturing facilities with greater ease, reduce logistics costs, and improve supply chain efficiency.
Through continued engagement with the United Kingdom, NICDC remains committed to promoting investment facilitation, knowledge exchange and stronger industrial partnerships.
The corporation noted that its industrial nodes offer plug-and-play infrastructure, modern utilities, sustainable urban planning, and seamless connectivity through ports, railways, highways, airports, and Dedicated Freight Corridors, creating an enabling environment for both domestic and international investors.
As India and the United Kingdom deepen their economic partnership under the CETA framework, NICDC reaffirmed its commitment to fostering stronger industrial collaboration through investment facilitation, policy support, and knowledge exchange. The corporation also aims to attract greater participation from UK businesses in India’s rapidly expanding industrial and manufacturing ecosystem.
The agreement is expected to complement the Government of India’s flagship initiatives such as Make in India, PM GatiShakti, and the National Industrial Corridor Development Programme, further reinforcing India’s emergence as a preferred global manufacturing and export hub.
According to NICDC, the combination of future-ready industrial infrastructure, integrated logistics networks, and strengthened international partnerships will play a pivotal role in enhancing India’s global competitiveness, attracting high-value investments, and driving sustainable economic growth in the years ahead.
