Reduced tariffs under India-UK FTA to be game-changer for textile industry; exporters eye new opportunities in UK market
New Delhi: The Indian textile industry has strongly endorsed the recently concluded India-UK Free Trade Agreement (FTA), viewing it as a major catalyst for enhancing India’s footprint in the UK market.
Industry leaders expect the pact to open fresh avenues for exporters, while also stimulating job creation, trade growth and global competitiveness for Indian textile products, reported ANI.
UK market gains fresh relevance post-US tariff shifts
Santosh Katariya, President of the Clothing Manufacturers Association of India (CMAI), described the UK as an increasingly important and promising destination for Indian textiles and garments.
In light of recent tariff developments in the United States, Katariya said the FTA with the UK comes at a crucial time.
"Post the latest US tariff announcement, there was a strong need to diversify textile exports and with this FTA agreement, India's knitted and woven apparel can now gain substantial foothold in the UK market," Katariya told ANI.
He further added, "By emphasizing on Sustainability, Quality and Digital Marketing, not only our Exports but Indian brands will also get an opportunity to stand out with reduced prices for UK consumers."
Tariff reduction expected to spur exports
Experts believe the lower tariffs secured under the FTA will increase the appeal of Indian textiles in the UK, thereby lifting export volumes and creating competitive advantages.
The industry anticipates that Indian products will become more cost-effective in the British market, giving both exporters and Indian brands an edge.
A “Himalayan achievement”
A. Sakthivel, Vice Chairman of the Apparel Export Promotion Council (AEPC), also applauded the trade deal. He credited Prime Minister Narendra Modi and Commerce Minister Piyush Goyal for their pivotal roles in finalising the agreement.
"This is a Himalayan achievement that will provide a strong impetus to India's textile exports and boost employment and growth in the sector," said Sakthivel.
He also said, "The India-UK FTA is expected to pave the way for long-term growth, attract investment, and create a more favourable business environment for textile stakeholders in both countries."
Long-term outlook: innovation, branding and investment
Textile industry leaders believe the India-UK FTA marks the start of a new chapter for Indian textiles.
Along with better market access, the agreement is expected to fuel innovation, enhance the visibility of Indian brands, and attract foreign investment.
The sector is optimistic that the trade pact will support a long-term, sustainable growth trajectory.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
