India and the UK just announced a massive Free Trade Agreement (FTA), and OYO founder Ritesh Agarwal was right there when it happened. But beyond all the headlines and handshakes, Ritesh says — this deal is a game-changer for Indian startups.
Oyo’s Notable Investment in UK
They’ve already launched a boutique heritage hotel in Canary Wharf, London, under their new brand ‘Sunday’, offering luxury stays with a spa, gym, and restaurant — a major shift from their earlier budget image.
Beyond that, they’ve signed deals for 18 premium hotels and are in talks for 22 more in top cities like Edinburgh, Liverpool, Glasgow, Cardiff, Bristol, and more. Currently, OYO is present in 65+ cities across the UK with over 200 operational properties, which includes hotels in places like London, Manchester, and Birmingham.
These aren’t just listings — OYO is spending money on refurbishments, tech upgrades, staffing, and building long-term partnerships with local players.
A ₹4 Lakh Crore Opportunity
The FTA is expected to boost the combined economies of India and the UK by ₹3–4 lakh crore. That’s not just a big number — that’s real money flowing into tourism, tech, and trade.
And for Indian startups, it could mean easier access to the UK market, faster expansion, and better investor interest.
One of India’s Biggest Deals Outside Asia
According to Ritesh, this is not just another agreement on paper. It’s one of India’s largest economic deals outside Asia — and for the UK, it’s as big as their recent trade deal with the US.
It shows how serious both countries are about working together. And more importantly, how Indian innovation is being taken seriously across the world.
“Indian Startups Can Now Dream Bigger”
Ritesh pointed out that startups in sectors like travel, tourism, and advanced tech will benefit the most. These are areas where Indian founders are already doing great work — and now, they have a chance to go global faster.
From AI tools to clean tech, and from SaaS to mobility, startups that are building for scale now have a pathway to the UK market with fewer restrictions and more support.
India + UK = Stronger Together
India is the world’s fourth-largest economy. The UK is the sixth-largest. This partnership is not just about economics — it’s about trust, collaboration, and building something meaningful together.
As Ritesh said, this FTA is not just a political win — it’s a cultural and economic bridge between two countries with deep ties.
What’s Next?
Ritesh ended his post by saying he’ll share more learnings soon — especially for startup founders looking to expand, raise funds, or enter the UK market.
His message is clear: the doors are open. It’s up to Indian entrepreneurs to step in and build something world-class.
This Deal Isn’t Just for Giants — It’s for You
Most people think trade deals are only for big businesses. But this one might just help a small startup from Bengaluru, Jaipur, or Indore go global.
And if you’re building something ambitious in India, this might be the right time to start thinking global.
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