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Nasscom terms India-UK FTA landmark, welcomes removal of double contribution burden

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The India-UK Free Trade Agreement (FTA) is hailed as a landmark by the Indian tech industry. It eliminates double contribution burdens, enhancing trade in services and cross-border innovation. The FTA facilitates collaboration in AI, cybersecurity, and digital transformation, boosting opportunities for startups and skilled professionals. The agreement strengthens India's role as a global services provider and promotes Indian talent in the UK. NASSCOM pledges to leverage the FTA to bolster bilateral trade and innovation.