📊Executive Summary

The comprehensive economic and trade agreement (CETA) between India and the UK, effective July 15, 2026, will significantly impact various sectors including electronics. The agreement allows for duty-free access for nearly 99% of Indian exports, including electronics and machinery, while reducing tariffs on UK imports such as machinery and electronics. This could lead to lower prices for UK electronics in India and increased competition for local manufacturers. Additionally, the deal opens up Indian government procurement contracts to UK suppliers, which may affect sourcing strategies for Indian firms. Procurement teams should monitor the implications of these tariff changes and the potential for increased competition in the electronics sector....