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India-UK CETA kicks in July 15: zero duty on textiles, leather, footwear opens £-shaped runway

Our read

Reprice UK-bound textile, leather and footwear SKUs by July 15 to capture the 12-16 point tariff drop and lock in retailer slots before Bangladesh-parity competition compresses margins.

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The report,

India-UK CETA takes effect July 15, eliminating UK tariffs on Indian textiles, footwear, leather, processed food and engineering goods, levelling field against Bangladesh and LDCs. Apparel exporters expect significant UK market share gains; bilateral trade target $100B by 2030.

Reported figures

From the report. Source details below

  • 70% tariff on processed food to zero
  • 16% on leather/footwear to zero
  • 12% on textiles/clothing to zero
  • $25.12B bilateral trade FY26
  • $13.44B India exports to UK

Other figures

  • 99% of exports duty-free

The source

Source Read the source at The Hindu BusinessLine

Published

Also reported by Business Today

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