Britain will be able to increase its exports to India by more than £2 billion per year after Brexit by cutting EU red tape, a new analysis has found.

The UK currently faces significant tariffs on its trade with India because of the European Union's failure to agree a free trade deal.

The deal has been held up for a decade by European Union regulations on intellectual property and data protection, with which India is refusing to comply.

But after Britain leaves the EU, the deal can go ahead because British trade negotiators regard the disputed EU rules as unnecessary.