The Economic Times News

India-EU FTA nears completion: CTA Apparels calls it game-changer for apparel industry

India's apparel sector anticipates a significant boost from the India-EU Free Trade Agreement. Negotiations are progressing positively, aiming to reduce import duties on Indian garments in the European Union. This move is projected to increase exports by 20-25% in the coming years. The agreement will foster stable investment and strengthen India's position in premium European markets.