New Delhi, May 7 -- The Indian textile industry has welcomed the India-UK Free Trade Agreement (FTA), calling it a major step towards expanding India's presence in the lucrative UK market.
Industry leaders believe the agreement will open new doors for exporters and strengthen the sector in terms of trade, employment, and global competitiveness.
Santosh Katariya, President of the Clothing Manufacturers Association of India (CMAI), said that the UK is one of the most promising and growing markets for Indian textile and apparel products.
He noted that the recent tariff-related developments in the US have underlined the need to diversify export destinations, and this FTA comes at the right time.
"Post the latest US tariff announcement, th...
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