Ritesh Agarwal, founder of OYO, predicts a bullish outlook for ORAVELSTAYS LIMITED (OYO) shares following the India-UK Free Trade Agreement (FTA).

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The India-UK FTA is expected to significantly boost sectors like travel, services, and startups, enhancing OYO's long-term growth prospects.

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OYO has already invested over £50 million in the UK and operates more than 220 hotels across 65 cities, positioning it well to leverage the FTA.

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The agreement could lead to the creation of over 1,000 new jobs in the UK, along with advancements in AI innovation driven by Indian startups.

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Tariff reductions from an average of 15% to just 3% on UK goods will benefit companies like OYO by increasing demand for their services.

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99% of Indian exports will be eligible for duty-free entry into the UK, unlocking $23 billion in opportunities for labor-intensive sectors.

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Provisions in the FTA also ease professional mobility by exempting 75,000 Indian workers from social security benefits, supporting talent exchange.

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With MSMEs now able to bid for UK government contracts, the FTA enhances accessibility for startups, making OYO shares more attractive to investors.

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