India-UK CETA takes effect; first $140M shipments flag off with duty-free access for textiles, gems, foods
The India-UK free trade pact kicked in July 15, granting preferential tariffs across key retail export categories — textiles, leather, gems and jewellery, processed foods. 99% of Indian goods enter duty-free, targeting $100B bilateral trade by 2030 from ~$60B in FY26.
India-UK FTA (CETA) took effect July 15 with first shipments flagged off, giving preferential tariffs. Covers textiles, leather, gems and jewellery, processed foods — categories relevant to Indian consumer/retail exporters and sourcing.
Why this matters
The launch builds on prior CETA signals slashing tariffs on textiles, leather and gems while opening auto, spirits and cosmetics markets, now confirmed by live $140M shipments.
Retail-company signals are accelerating, up 805100% QoQ.