India-UK trade deal to enhance exports: Experts
The India-UK free trade agreement, effective July 15, aims to enhance the competitiveness of Indian exports and reduce trade costs, according to experts. India's exports to the UK reached $13.44 billion in the last fiscal, with key sectors like textiles and processed foods now entering the UK market at zero duty, down from previous rates of 2% to 16%. Experts emphasize the need for Indian enterprises to leverage this agreement to boost investment and strengthen supply chains to meet global standards.