NEW DELHI : India is expected to double its market share from 6 per cent in 2024 to 12 per cent in the UK’s readymade garments (RMG) imports, translating into an incremental annual export opportunity of around USD 1.1-1.2 billion in the near to medium term, according to CareEdge Ratings.
On May 6, India and the UK successfully concluded an ambitious and mutually beneficial Free Trade Agreement (FTA) that will open up massive export opportunities for many labour-intensive sectors in India. The Commerce Ministry said that 99 . . .
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