FTAs to unlock duty-free access for Indian textile exporters across 56 countries
India-UK FTA delivers duty-free access for textiles and apparel, with upcoming EU and New Zealand pacts set to expand the FTA network to 56 countries covering 60% of global textile imports. New Export Facilitation Centres to support exporters as India targets a larger slice of the $900-billion global market.
India-UK FTA gives duty-free access for Indian textile and apparel exports; upcoming EU, New Zealand pacts will expand FTA network to 56 countries covering 60% of global textile imports, plus new Export Facilitation Centres.
Why this matters
Reinforces the Ministry's push to scale exports and manufacturing, following plans to turn ITADCs into one-stop textile hubs and diversify production beyond Tirupur and Surat into new states.
Retail-company theme accelerating at +898400% QoQ.
Also reported by
- The Hindu BusinessLine — Same time