New Delhi, June 24 -- India-UK free trade agreement (FTA) will be a major boost for country's ready-made garment (RMG) sector, according to report by Intelsense.

The FTA is being seen as a game changer for India's RMG sector, which accounts for 42.4 per cent of the country's textile exports.

This deal gives India a 12 per cent duty advantage over China and puts it on equal footing with Bangladesh, which already enjoys duty-free access to the UK market.

The report stated, "India-UK FTA provides a 12 per cent duty advantage over China and brings India at par with Bangladesh. The India-UK FTA is a game changer for India's RMG sector, creating a level-playing field vis-a-vis key competing nations for accessing the nearly USD 20 billion RMG...