First India-UK FTA cargo of garments flagged off from Amritsar airport
The maiden cargo shipment under the India-UK FTA, mainly ready-made garments, departed Amritsar airport. Removal of 12-20% UK duties gives Indian apparel exporters zero-tariff access, sharpening competitiveness for the textile and garment category.
First cargo shipment under India-UK FTA flagged off from Amritsar airport, primarily ready-made garments. Removal of 12-20% duties gives Indian apparel exporters zero-tariff UK access, boosting competitiveness and export opportunities for the textile/garment category.
Why this matters
Follows the India-UK FTA taking effect July 15 with CBIC rules for preferential duty claims. First garment cargo shows exporters activating zero-tariff access, expanding beyond earlier focus on cheaper UK alcobev, cosmetics and chocolates.
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Also reported by
- The Hindu BusinessLine — Same time