Key Points

The DGFT organized an outreach program to help Indian businesses understand the benefits of the India-UK trade deal. Officials highlighted how the agreement provides tariff concessions and easier market access for exporters. MSMEs were particularly encouraged to tap into new opportunities in the UK market across various sectors. The event brought together government officials, industry leaders, and trade associations to discuss practical implementation strategies.

Key Points: India-UK CETA Export Growth Opportunities for MSMEs

  • DGFT hosts outreach program on India-UK CETA at Bharat Mandapam New Delhi
  • Tariff concessions and simplified market access for Indian exporters highlighted
  • MSMEs encouraged to integrate with global value chains through the agreement
  • Focus on sectors including textiles, gems, engineering goods and IT services
4 min read

Indian exporters advised to leverage India-UK CETA for growth, MSMEs urged to tap new markets

Indian exporters urged to leverage India-UK trade deal for market expansion, with focus on MSMEs, tariff concessions, and global value chain integration.

"milestone in bilateral trade ties - Anna Shotbolt, Deputy Trade Commissioner for South Asia"

New Delhi, September 29

The Directorate General of Foreign Trade (DGFT), Regional Authority Delhi, under the Ministry of Commerce & Industry, hosted an outreach programme on the recently concluded India-UK Comprehensive Economic and Trade Agreement (CETA) at Bharat Mandapam, New Delhi.

New Delhi [India], September 29 (ANI): The Directorate General of Foreign Trade (DGFT), Regional Authority Delhi, under the Ministry of Commerce & Industry, hosted an outreach programme on the recently concluded India-UK Comprehensive Economic and Trade Agreement (CETA) at Bharat Mandapam, New Delhi.

According to a press release, the event brought together senior government officials, diplomats, Export Promotion Councils (EPCs), industry leaders, and trade associations to discuss the transformative potential of the Agreement for Indian exporters.

Chairing the programme, Director General of Foreign Trade & Additional Secretary, Ministry of Commerce & Industry, Ajay Bhadoo, underlined the strategic significance of CETA in expanding India's footprint in the UK market. He highlighted tariff concessions, simplified market access provisions, and the scope for Indian MSMEs to integrate more strongly with global value chains.

Joint Secretary, Department of Commerce, Saket Kumar, provided the background and strategic context of the negotiations, emphasising the government's commitment to creating new opportunities for Indian industry.

Adding the UK government's perspective, Deputy Trade Commissioner for South Asia at the British High Commission in India, Anna Shotbolt, described the Agreement as a "milestone in bilateral trade ties" and encouraged Indian exporters to align with sustainability and quality standards to capture the premium segments of the UK market.

Minister (Economic), High Commission of India in London, Nidhi Mani Tripathi, shared practical insights on emerging opportunities for Indian businesses in the UK, particularly in the food, textiles, and services sectors.

"The event placed strong emphasis on sectoral perspectives through active participation from India's leading Export Promotion Councils. Chairman, APEDA, Abhishek Dev, highlighted the growing demand for Indian agri and processed food products in the UK, noting that CETA provides a gateway for India to tap into niche categories such as ethnic foods, organic produce, and ready-to-eat products. Director General, FIEO, Ajay Sahai, stressed the importance of multi-sector opportunities, urging exporters to look beyond traditional markets and adopt digital tools to reach UK buyers more efficiently," the release said.

On the services front, Chairman of ESC, Veer Sagar, highlighted how India's IT and knowledge-based services can gain a sharper edge under the Agreement, while Director of SEPC, Swati Saraf, noted the potential for creative industries, education, and professional services to diversify India's services exports to the UK.

From the manufacturing and creative sectors, EPC leaders highlighted their industries' strengths. Vice Chairman of GJEPC, Shaunak Parikh, spoke about positioning India's gems and jewellery in the UK's luxury retail landscape, while Additional Executive Director of EPCH, Rajesh Rawat, highlighted how handicrafts and carpets can carve out niche spaces in the premium UK market.

Executive Director of EEPC, Adhip Mitra, underscored the potential of engineering goods and auto components, stressing innovation and compliance as key to success. General Manager of AEPC, Saurabh Kumar, emphasised India's competitiveness in the apparel and textiles sector, noting that CETA can boost exports if exporters align with sustainability and ethical sourcing standards.

The dialogue was further enriched by buyers' perspectives, with General Secretary, Buying Agents Association, Anchal Kansal, stressing the importance of supply chain transparency and timely delivery in sustaining trust with UK buyers. The UK India Business Council (UKIBC) and HSBC also shared their views on fostering industry collaborations and building resilient supply chains to deepen India-UK trade.

"The programme concluded with closing remarks from Additional DGFT, CLA New Delhi, Vrunda Manohar Desai, who expressed her gratitude to the speakers and participants while reiterating DGFT's commitment to supporting Indian exporters in leveraging CETA effectively. The outreach programme, compared by the Asst. DGFT, Hemant Kumar, marked a crucial step towards strengthening India-UK trade ties and positioning Indian exporters to make the most of this landmark Agreement," the release noted.

- ANI

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Reader Comments

P
Priya S
Great initiative! MSMEs like ours often struggle to understand international trade agreements. Such outreach programs are crucial. Hope they conduct similar sessions in tier-2 cities as well.
A
Arjun K
While the agreement sounds promising, I hope the government ensures that small exporters don't get lost in compliance requirements. Sometimes these trade deals benefit only the big players. Need more support for genuine MSMEs.
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Sarah B
The focus on sustainability and ethical sourcing is spot on! UK consumers are very conscious about these aspects. Indian exporters who adapt to these standards will definitely succeed. Good move!
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Vikram M
Ethnic foods and organic produce have massive potential! As an F&B exporter, we've seen growing interest in authentic Indian cuisine abroad. This agreement could be a game-changer for regional specialties.
K
Kavya N
Timely delivery and supply chain transparency mentioned by Anchal Kansal is crucial. Many Indian exporters lose business due to delays. Hope this agreement addresses logistics challenges effectively.

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