India–UK FTA to Transform India’s Textile Exports, Says RSWM

In response to the recently concluded India–UK Free Trade Agreement, Mr. Rajeev Gupta, Joint Managing Director of RSWM Ltd., shared his insights on the landmark development and its potential impact on India’s textile industry: The India–UK Free Trade Agreement is a landmark achievement and a powerful testament to the visionary leadership of Prime Minister Narendra Modi and the Government of India. By eliminating tariffs on nearly all Indian textile and apparel exports to the UK, this historic pact will provide an unprecedented boost to India’s labour-intensive sectors, creating jobs, empowering exporters, and strengthening our global trade position. UK is one of the largest apparel importers, sourcing nearly $19–20 billion worth annually. The FTA eliminates the tariffs of up to 12–16% levied on Indian textiles, garments, footwear, and carpets, instantly boosting our industry’s competitiveness and export potential. We are expecting  a sharp surge in trade volumes, with nearly 99% of Indian exports to the UK, covering almost the entire value of our current exports, becoming duty-free. This is especially significant for India’s labour-intensive sectors, promising substantial job creation and growth. At RSWM Ltd., we see this as a golden opportunity to deepen our footprint in the UK market, strengthen supply chain linkages, and scale up value-added offerings. Also, reduced tariffs on UK-origin technical textiles and high-end fabrics will bring advanced materials into India, further enriching our domestic capabilities. This agreement marks a new era of mutual growth, innovation, and economic synergy between India and the UK.” — Rajeev Gupta, Joint Managing Director, RSWM Ltd