Textiles

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Opportunities and challenges for home textiles in India-UK FTA

22 Nov '24

7 min read

Opportunities and challenges for home textiles in India-UK FTA

Pic: Adobe Stock

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The India-UK FTA could boost Indian textile exports by reducing tariffs to zero per cent.
SMART analysis shows carpets (HS **) gaining $**.** million and home textiles (HS **) $**.** million in export revenue.
Trade creation benefits outweigh diversion effects, with competing countries like Pakistan, Türkiye, and China likely to lose market share.

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