India-UK CETA to Boost Textile, Leather and Footwear Exports: Experts Stress Compliance Readiness
Indian exporters could unlock substantial growth opportunities under the upcoming India-UK Comprehensive Economic and Trade Agreement (CETA), provided they strengthen product quality standards and comply with the UK’s regulatory requirements, according to trade and legal experts.
Industry specialists have highlighted that while the agreement is expected to improve market access and reduce trade barriers, businesses must be well-prepared to meet British certification, compliance, and product standards to fully benefit from the pact.
Experts are also urging the Indian government to launch awareness and outreach programmes to educate exporters about the agreement’s provisions and implementation requirements. The recommendation comes as the UK’s Department for Business and Trade has already initiated a six-city roadshow to help British companies prepare for the trade deal, which is scheduled to take effect on July 15.
Several export-focused sectors are expected to gain significantly from the agreement. According to industry estimates, India’s leather and footwear exports to the UK could nearly double from around US$494 million in 2024 to approximately US$1 billion within the next three years.
The textile industry is also expected to be a major beneficiary. India currently ranks as the fourth-largest textile supplier to the UK with a market share of 6.1%. Experts believe reduced trade barriers and enhanced market access under CETA could help Indian textile manufacturers strengthen their presence and expand exports in the British market.
Overall, the agreement is seen as a strategic opportunity for Indian exporters, provided businesses proactively align with international standards and leverage the improved trade environment.