India-UK CETA takes effect July 15, zeroing UK duties on Indian textiles, leather and processed foods
The India-UK trade pact eliminates UK import duties on Indian textiles (12% to nil), leather and footwear (16% to zero) and processed foods (up to 70% cut), sharpening the export edge of India's consumer-goods makers against China and Vietnam. Steel quota also raised to $350M.
India-UK CETA takes effect July 15, eliminating UK duties on Indian textiles (12% to nil), leather/footwear, processed foods and marine products, boosting export competitiveness for India's consumer-goods manufacturers versus China and Vietnam.
Why this matters
CETA sharpens the export edge of India's consumer-goods makers against China and Vietnam, opening the UK market for textiles, leather and processed foods at zero or reduced duties.
Retail-brand signals accelerating (+300700% QoQ).