No duty! India-UK FTA brings growth catalyst
India's free trade agreement (FTA) with the UK took effect on July 15, granting duty-free access on 99% of India's tariff lines into the UK, which is expected to significantly boost Indian exports across various sectors. The Comprehensive Economic and Trade Agreement (CETA) enhances market access for textiles, leather, engineering goods, and more, marking a pivotal trade deal for both nations post-Brexit. However, experts warn that Indian companies must meet stringent quality standards and navigate non-tariff barriers to fully capitalize on this opportunity.