“The India-UK Free Trade Agreement (FTA) will allow Indian companies to boost their exports to the U.K. by making its products more cost effective. It will help the textile exporters strengthen market access in the UK by building a cost-effective and resilient supply chain. India’s export of textile-based products grew at a rate of approximately 7% from April to December 2024, compared to the same period in 2023. The likely UK market share growth thanks to the FTA will further boost India’s textile exports. Moreover, as the UK is one of the largest importers of apparel, the FTA paves the way for deeper trade ties with UK buyers. The FTA will enable us to be even more competitive, accelerate our export growth and open up new areas of sales by further reducing the net cost of products exported.”
— Dr. Vivek Tandon, Founder – revalyu Group
