India–UK FTA: Competitive prices, assured market access for textiles
India and UK have finalised a landmark FTA on May 6 eliminating tariffs on 99 per cent of Indian exports to the UK. This move boosts India’s competitiveness in key sectors like textiles, leather, and footwear. The FTA levels the playing field against Bangladesh, Cambodia, and Turkiye, offering Indian exporters a crucial ~10 per cent cost advantage and unlocking significant opportunities.
India and UK have finalised a landmark FTA on May 6 eliminating tariffs on 99 per cent of Indian exports to the UK.
This move boosts India’s competitiveness in key sectors like textiles, leather, and footwear.
The FTA levels the playing field against Bangladesh, Cambodia, and Turkiye, offering Indian exporters a crucial ~10 per cent cost advantage and unlocking significant opportunities.
