India-UK FTA: Insights from global FTAs & projected T&A export surge
India’s textile and apparel (T&A) exports to the UK surged 45 per cent from 2022 to 2024, and the conclusion of FTA this week promises further momentum with zero tariffs. Exports are forecast to hit $2.8-3.0 billion by 2026, pushing India to the third spot among UK suppliers. Cost advantage, improved access, and rising demand position India to rival Bangladesh in the coming years.
India’s textile and apparel (T&A) exports to the UK surged 45 per cent from 2022 to 2024, and the conclusion of FTA this week promises further momentum with zero tariffs.
Exports are forecast to hit $2.8-3.0 billion by 2026, pushing India to the third spot among UK suppliers.
Cost advantage, improved access, and rising demand position India to rival Bangladesh in the coming years.
