Archive · 29 Jul 2025
India-UK FTA Expected to Double Leather Exports
India and the UK made a trade deal called CETA.
This deal will help Indian businesses sell more leather and footwear to the UK.
Right now, it costs money for these goods to enter the UK, but the deal removes these fees.
This will double how much India sells, and it will also make it easier to sell goods and services to the UK and help create new jobs in the country.
India-UK Comprehensive Economic and Trade Agreement (CETA) is expected to boost India's leather and footwear exports.
Leather and footwear exports to the UK are projected to double to $1 billion within three years.
CETA eliminates UK import duties on Indian products, previously ranging from 2% to 11.9%.
The agreement simplifies customs, aligns standards, and protects Indian Geographical Indications.
Manufacturing hubs are expected to benefit, generating new jobs, especially for MSMEs and women entrepreneurs.
- Who
- India and the UK.
- What
- India-UK Comprehensive Economic and Trade Agreement (CETA) is expected to boost India's leather and footwear exports.
- When
- Within three years of agreement signing.
- Where
- India and the UK.
- Why
- To boost trade and facilitate easier access to each other's markets.
Benefits
Opportunities
Focus
Benefits
Increased leather and textile exports.
Opportunities
Duty-free access for textiles to the UK market.
- Agreement
- India-UK Comprehensive Economic and Trade Agreement (CETA)
- Projected Leather Exports
- $1 billion within three years
- 2024 Leather Exports
- $494 million
- Duty Elimination
- 2% to 11.9% on Indian products
- Beneficiary Sectors
- Leather, footwear, and textiles
Sources
With tariff free access, India-UK FTA to boost natural rubber product exports
Raymond group sees more access for its products in UK post FTA
Private sector needs to step up with govt having done most of heavy lifting: ASSOCHAM Chief Sanjay Nayar
India-UK FTA: Rs 4,060 Crore Loss Projected For India In First Year, says GTRI
India eyes $1 billion in leather and footwear exports to UK in 3 years under new FTA
Govt begins consultations to ready industry for UK trade deal gains
India's leather, footwear exports to UK likely to double to $1 billion: Piyush Goyal
An Ivy League FTA
