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AEPC Statement on India-UK FTA Coming into Force from July 15
AEPC Statement on India-UK FTA Coming into Force from July 15
AEPC Hails July 15 Rollout of India-UK FTA, Sees Major Boost for Apparel Exports
The Apparel Export Promotion Council (AEPC) has warmly welcomed the announcement that the landmark India-United Kingdom Free Trade Agreement (FTA) will enter into force on July 15, 2026, describing it as a transformative development for India’s apparel export sector and a major step towards strengthening the country’s position in global trade.
The implementation of the agreement marks a historic milestone in India-UK economic relations and reflects the strong commitment of both governments to deepen bilateral trade and investment ties. For India’s apparel industry, the agreement is expected to unlock substantial opportunities by providing duty-free market access and enhancing the competitiveness of Indian products in one of the world’s largest and most discerning consumer markets.
Unlocking Growth: FTAs Empower India’s Apparel Exporters
Unlocking Growth: FTAs Empower India’s Apparel Exporters
India’s textile industry is entering a transformative phase with the India–UK FTA expected to provide zero‑duty access to a US$28 billion market. Companies with existing capacities, such as World Mobil and Urban, are now poised to channel production toward the UK, turning negligible exposure into substantial market presence.
The removal of import duties creates a level playing field with competitors like Bangladesh and Vietnam. While India previously faced disadvantages in raw material access and higher labour costs, the new tariff structure neutralizes these gaps. Bangladesh, meanwhile, is grappling with power shortages, further strengthening India’s competitive edge.
Beyond the UK, India is regaining ground in the US market, where punitive tariffs had eroded share.
Unlocking Growth Opportunities: FTA Utilization for Apparel Exporters
Unlocking Growth Opportunities: FTA Utilization for Apparel Exporters
Supported by AEPC (Apparel Export Promotion Council) and Global Freight Pvt. Ltd. (GVM)
PAN INDIA SEMINAR
Understand. Comply. Benefit. Grow.
WHAT YOU WILL GAIN
FTA Market Opportunities l Rules of Origin & Compliance l Preferential Duty Benefits
India–UK FTA: Zero‑Duty Access Unlocks $28B Market
India–UK FTA: Zero‑Duty Access Unlocks $28B Market
INDIA-UK FTA expected to come into force from 15th July, 2026: Benefits to India's Textile Sector. Poised to give zero-duty access to India's textile exports likely to be a big booster help revive exports over near/mid term. Which means that it will eliminate 8–12% of the import duties on textiles and garments that we currently pay, opening up a US$28 billion UK market for us, where we currently export only about US$1.5 billion.
Now, it is not just the UK. The proposed India–EU FTA could also provide duty-free access to a US$260 billion market. India already exports about US$5 billion worth of textiles and apparel to the EU, and that agreement is expected to be signed by the end of this year.
As a direct benefit, India closes the tariff gap with Bangladesh, Cambodia and Vietnam.
There are, however, a few areas that we need to watch out for. Rules of origin, sustainability requirements and compliance standards will be important both from the government side and from the buyers’ side. CITATION: CNBCTV18 today commentary/analysis on this sector.
Buyer vs Supplier Perspectives on Vortex Spinning Technology
Webinar on Buyer VS Supplier Interaction on Vortex Spinning Technology: Buyer vs Supplier Perspectives on Vortex Spinning Technology
The Texcoms Worldwide webinar brought together two seasoned voices of the textile industry: Mr. Piyush Chandarana, representing buyers, and Mr. Devadas Damodaraswamy, representing suppliers. Their dialogue highlighted how Vortex Spinning is reshaping textile production, performance, and sustainability.
From the buyer’s lens, Chandarana emphasized that global apparel buyers demand better quality, higher productivity, greater sustainability, and improved profitability. With China investing aggressively in vortex technology, buyers are keen to understand whether it truly delivers beyond technical novelty. Key questions revolve around whether vortex yarns reduce pilling, lint, and customer complaints, while also offering cost and productivity benefits.
Texprocil : Webinar on Terms of Delivery (Incoterm Rule 2020)
Texprocil : Webinar on Terms of Delivery (Incoterm Rule 2020)
This report summarizes the educational material on Incoterms® 2010 and 2020 presented by Sudhakar Kasture (Director, EMI Exim Institute) for The Cotton Textiles Export Promotion Council (TEXPROCIL). The document provides practical mathematical formulas for trade term computations and highlights six structural revisions introduced in the 2020 edition.
Practical Computation of IncotermsThe text defines how different terms are calculated by adding Origin Charges (O/C), Freight (FRT), and Insurance (INS) to base values: FOB, FCA, and FAS are computed as $\text{EXW} + \text{O/C}$. CFR equals $\text{EXW} + \text{O/C} + \text{FRT}$ or $\text{FOB} + \text{FRT}$. CIF equals $\text{EXW} + \text{O/C} + \text{INS} + \text{FRT}$ or $\text{FOB} + \text{INS} + \text{FRT}$. CPT is calculated as $\text{FCA} + \text{FRT}$. CIP is calculated as $\text{FCA} + \text{INS} + \text{FRT}$. DPU, DAP, and DDP are computed as $\text{FOB} + \text{FRT} + \text{O/C}$ for sea transport, or $\text{FCA} + \text{FRT} + \text{O/C}$ for air transport.
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