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'Historic' trade deal with India to deliver £190 million boost to the West Midlands

Local News by James Smith 24th Jul 2025  
Jaguar Land Rover National Distribution Centre in Warwickshire (image via SWNS)
Jaguar Land Rover National Distribution Centre in Warwickshire (image via SWNS)
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Businesses and workers in the West Midlands are set to benefit from the UK's trade deal with India more than any other region in the UK, the Department for Business and Trade has said.

The "landmark deal" may deliver a £190 million boost for the local economy as part of the 'Plan for Change'. 

Both Prime Ministers met yesterday morning (July 23) for the signing of the landmark UK-India trade deal.

The department said 977 West Midlands businesses exported goods worth £592 million to India last year, which could grow even more under the deal.

The region's strong automotive sector for instance could see a boost thanks to tariffs on major manufacturers like Jaguar Land Rover and Aston Martin being reduced from up to 110 per cent to 10 per cent under a quota. 

Business and Trade Secretary Jonathan Reynolds said: "The millions brought to the West Midlands each year from the deal we've signed with India will be keenly felt across local communities, whether that's higher wages for workers, more choice for shoppers, or increased overseas sales for businesses.

"This government is proving time and again that we can deliver on our mission to grow the economy, put more money in pockets and boost living standards under our Plan for Change." 

     

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