In an Instagram video posted on Friday, Agarwal mentioned ongoing reforms in enterprise charges, expert visa entry, and public-private partnerships will unlock even better potential for Indian entrepreneurs seeking to scale globally, notably within the UK.
India and the UK signed their long-awaited Free Commerce Settlement on July 24, which is anticipated to spice up bilateral commerce by round $34 billion yearly. The deal was formalised within the presence of Prime Minister Narendra Modi and his British counterpart Keir Starmer.
Following the FTA, 99% of Indian exports to the UK, together with textiles, generic medicine and medical units, leather-based items, agricultural, and chemical merchandise, can have zero responsibility, based on paperwork shared by Indian officers.
Agarwal was among the many startup founders and CEOs invited to Buckingham Palace, UK, to share insights and discover alternatives arising from the landmark settlement between the 2 nations.
Agarwal-led Oyo is likely one of the rising Indian traders within the UK, with greater than 220 motels throughout 65 cities and a virtually $65 million funding in premium enlargement.
The founder emphasised that this international funding would end result within the creation of over a thousand jobs, stronger AI-led innovation, and a extra vital position for Indian corporations in native communities.