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India's RMG exports to the UK surge, doubling market share to 12% post-free trade deal.
India's market share in the UK's ready-made garments (RMG) imports is set to double to 12%, creating an additional $1.1-1.2 billion in annual exports.
This growth follows the India-UK Free Trade Agreement, which offers zero duty for 99% of Indian exports, giving India a competitive edge over China.
The RMG sector, valued at $525 billion globally in 2024, will benefit significantly from these changes.
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Las exportaciones de RMG de la India al Reino Unido aumentan, duplicando la cuota de mercado hasta el 12% después del acuerdo de libre comercio.