Free Trade Agreements, including the one with India and UK, offer favourable market access to MSMEs: FKCCI
FKCCI President Uma Reddy stated that Free Trade Agreements (FTAs), including the one with the UK, provide significant market access benefits for India's 6.3 crore MSMEs, which contribute nearly 30% to the GDP. Reddy emphasized that effective utilization of these FTAs could transform the MSME sector, enabling products from Bengaluru to reach global markets swiftly. The FKCCI's remarks highlight the potential for enhanced competitiveness and growth for small businesses in India.