With India and the UK gearing up for the third round of negotiations for an interim trade deal, Kevin McCole, Managing Director of UK India Business Council (UKIBC) hopes to see convergence on areas where there is agreement. In an interview with Shreya Nandi, he says reduction in tariffs on auto components can result in more manufacturing investment in India, and if the UK were to reduce tariffs on Indian textiles, it could be a win-win.
Edited excerpts:
Edited excerpts:
What has been the progress as of now and what can we expect from the next round of negotiations?
The negotiations have started