India-UK CETA takes effect, opening zero-tariff UK market for Indian textiles, footwear and leather
The India-UK free trade agreement comes into force with 64% of tariff lines duty-free immediately and 89.5% of 12,000 products covered. Indian consumer-goods exporters in apparel, footwear, leather and food gain a competitive edge over Bangladesh and China, with ~$600 million in annual duty savings and a $100 billion trade target set for 3-4 years.
India-UK FTA takes effect, granting zero-tariff UK access for Indian textiles, footwear, leather and food products—boosting consumer-goods exporters competing against Bangladesh and China, with category-level trade impact relevant to Indian retail supply chains.
Why this matters
Following the July 15 launch signals promising zero-duty textile access and cheaper Scotch, autos and cosmetics, CETA now enters force, converting anticipated tariff cuts into active competitive advantage for Indian exporters.
Retail-company signals accelerating at +790700% QoQ.