India-UK free trade agreement boosts garment exports and eliminates 99% tariffs
India's free trade agreement with the UK, effective Wednesday, aims to boost garment exports and reduce tariffs. The pact eliminates tariffs on 99% of Indian exports and is expected to enhance the GDP of both nations. Industry leaders predict significant growth in exports, particularly in textiles and Scotch whisky, despite existing competition from Bangladesh and Pakistan.
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Published 14 Jul 2026, 22:17 UTC · Updated 14 Jul 2026, 22:50 UTC
Summary by OZbrief Editorial. Original report: BBC News – World. Editorial policy · Corrections
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