India-UK CETA opens with $140M day-one shipments; zero duties boost apparel, leather, gems exporters
The India-UK trade pact takes effect with $140M in first-day shipments spanning garments, leather, gems, jewellery and processed foods. Zero duties on textiles, leather and clothing hand Indian consumer-goods exporters a tariff edge, with bilateral trade targeted at $100 billion by 2030 from $60 billion today.
India-UK CETA comes into force with $140M in first-day shipments including garments, leather, gems, jewellery and processed foods. Zero duties on textiles, leather and clothing benefit Indian consumer-goods exporters, with bilateral trade targeted to reach $100 billion by 2030.
Why this matters
The launch follows signals detailing Day One's $140M duty-free exports and phased tariff cuts across retail categories, and new zero-duty UK access for Tamil Nadu textile, leather and marine exporters.
Retail-company signals accelerating at +810200% QoQ.