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India-UK FTA: Assessing the winners and key benefits

20 Nov '24
10 min read
India-UK FTA: Assessing the winners and key benefits
India-UK FTA: Assessing the winners and key benefits

Insights

  • There are hopes India-UK FTA would materialise soon, which would improve India's stand as an apparel exporter to the UK.
  • UK is amongst India's top five export markets but imposes substantial tariffs on textile imports.
  • Apparels rank among India's top ten exports to the UK, highlighting the potential for expanding value-added exports in this sector.
There are hopes India-UK FTA would materialise soon, which would improve India's stand as an apparel exporter to the UK. UK is amongst India's top five export markets but imposes substantial tariffs on textile imports. Apparels rank among India's top ten exports to the UK, highlighting the potential for expanding value-added exports in this sector.

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