India to double RMG market share in UK post-FTA: CareEdge
India is set to double its share in the UK’s RMG imports from 6 per cent to 12 per cent post-FTA, creating a $1.1–1.2 billion annual export opportunity, as per CareEdge Ratings. The FTA levels the playing field against duty-free competitors and offers India a 12 per cent tariff edge over China. It is expected to boost investment, employment, and foreign exchange earnings in India’s textile sector.
India is set to double its share in the UK’s RMG imports from 6 per cent to 12 per cent post-FTA, creating a $1.1–1.2 billion annual export opportunity, as per CareEdge Ratings.
The FTA levels the playing field against duty-free competitors and offers India a 12 per cent tariff edge over China.
It is expected to boost investment, employment, and foreign exchange earnings in India’s textile sector.
