New Delhi, July 24 -- India's leather and footwear exports to the UK could exceed USD 900 million, marking a major leap forward for the sector.
This growth is expected as the India-UK Free Trade Agreement (FTA) opens up new opportunities for small artisans and businesses across the country.
The FTA offers duty-free access to the UK's USD 23 billion market, giving Indian Micro, Small and Medium Enterprises (MSMEs) a strong advantage over other countries like Bangladesh, Cambodia, and Pakistan in labour-intensive sectors such as leather and footwear, textiles and clothing, gems and jewellery, furniture, and sports goods.
This is expected to unlock vast new opportunities for Indian exporters.
The agreement is also likely to enhance the f...
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