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FTA with UK will enhance competitiveness of Indian textile sector

Last month, Indian commerce and industry minister Piyush Goyal and UK secretary of state for international trade Kemi Badenoch met for the sixth round of FTA negotiations after a gap of more than four months. They directed their negotiators to not to stick with sensitive issues but iron out the differences and move ahead.

“The proposed trade deal with the UK is very important for Indian industry as UK is a large market and Indian textile industry will have duty-free access to the important market. It will provide much needed boost to the industry,” Sanjay Jain, managing director of TT Limited and former chairman of the Confederation of Indian Textile Industries (CITI), told Fibre2Fashion. He expects the trade deal to get signed in the first half of ****.