The timing of the FTA is of the essence, given that it was an opportunity waiting to happen for a long time and has the potential to give India's textile exports a shot in the arm, considering the challenging global business environment.
Against this backdrop, the India-UK FTA assumes great significance given that Trump's tariff tantrums have upended the global economy, forcing IMF/World agencies to revise global trade downward.
The recent rise of India, especially in the post-pandemic world, has ushered in a new era of geopolitics, offering a once-in-a-lifetime opportunity for the Indian economy.