India-UK CETA hands textile exporters zero-duty access; UK share seen doubling to 12% in 3-5 years
TEXPROCIL and CITI project India's UK textile and apparel market share to climb from 6.7% to 12% within 3-5 years under the CETA effective July 15, lifting bilateral trade from $1.9B to $3B as zero-duty access closes the gap with Bangladesh and Vietnam.
What happened
India-UK CETA, effective July 15, gives Indian textile and apparel exporters zero-duty access to the UK, with industry bodies TEXPROCIL and CITI projecting
Key facts
- 12%
- 6.7%
- 10-12%
- $1.9 billion
- $3 billion
- 3-5 years
- July 15
Why this matters
CETA's tariff edge makes UK-facing Indian apparel and home textile assets more strategic, opening M&A and JV opportunities to secure capacity, brand shelf, and distribution ahead of share gains.