Trending News
Baltic Exchange Market Report (7 February 2025)...
  Daily Exim

NEWS DETAILS

Date: 09/05/2025

India, UK FTA seen doubling garment exports in 3 years

The Free Trade Agreement (FTA) with the UK will help double India’s readymade garment exports to Britain in the next three years, according to the Apparel Export Promotion Council (AEPC). Its Chairman Mr Sudhir Sekhri said that against the backdrop of demand contraction in major economies, the Russia-Ukraine conflict, the Israel-Hamas war, American reciprocal tariff and Chinese belligerence, uncertainty and disruption were impacting global trade adversely. This deal has come as a boon, immediately removing the tariff disadvantage of 9.6% and making India competitive in the UK market. Now the Made in India readymade garment will be cheaper on UK shelves and exporters will be at par with some of their major competitors who enjoyed duty-free access in the UK market. India is the fourth largest supplier of garments, with a 6.1% share of the total RMG import of the UK, as per a report.
 
Source: Exim News Service: New Delhi, May 8 
 



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai & Western India, Gujarat, New Delhi & North India and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 47 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.