FTA Opens UK Market For Indian Textiles, Jobs & Investments To Rise: Chandrajit Banerjee, CII

In this exclusive conversation with Business Today TV, Siddharth Zarabi, Group Editor, speaks with Chandrajit Banerjee, DG of CII, on the sectoral impact of the recently signed India–UK Free Trade Agreement. Banerjee highlights how India’s textile sector will benefit from tariff elimination, enhancing competitiveness against countries like Bangladesh and Vietnam. He also discusses the concessions India has extended in the alcohol and automobile sectors, balancing access with strategic gains. The FTA is expected to boost Indian exports to the UK, attract investments, and generate employment, especially in labor-intensive sectors like textiles. A crucial trade milestone with long-term implications.