Page 10 - CIJ May 2025- Digital Edition

NEWS TRACK

UK-India FTA to Stimulate Cleaning Product Trade

he United Kingdom exported
cleaning products worth
₹1.1K to India, involving
71 exporters and 55 buyers,
Taccording to Voiza United
Kingdom Export Data.
Washing and general cleaning
preparations led the product
categories in this exchange. While
this trade volume is relatively
modest, it holds growth potential
in the backdrop of a landmark Free
Trade Agreement (FTA) between
the UK and India.
The UK–India FTA, recently
signed after over three years of
negotiations, aims to ease red tape
and reduce tariffs on key goods, manufacturers, especially in the FTA is a three-year exemption
thereby opening new opportunities premium product categories. on social security contributions
for exporters from both countries. Beyond cleaning products, Indian for employees temporarily
As per BBC reports, bilateral trade exports such as footwear, clothing, assigned between the two nations.
between the two countries stood food products (including frozen This means that Indian and UK
at £42.6 billion last year and is prawns), automobiles, gems and employers and employees will
projected to grow by £25.5 billion jewellery are expected to benefit pay contributions only in their
by 2040 as a result of the agreement. from reduced levies. home country, providing relief
Globally, Vietnam leads the list On the UK side, whisky, gin, for businesses and professionals
of cleaning product exporters with high-end cars, electrical and engaged in cross-border operations.
over 100,000 shipments, followed mechanical devices, cosmetics, As India is poised to become the
by China (94,263) and the United chocolates, biscuits, lamb, salmon, third-largest economy by 2028,
States (38,019). Although the UK and aerospace components will the new trade framework offers a
is not yet among the top exporters likely gain enhanced access to timely opening for industries across
to India in this segment, the FTA Indian markets. the board, including cleaning and
could support a more competitive hygiene products, to scale their
position for British cleaning Another significant provision of global outreach.

10 MAY 2025•Clean India Journal•www.cleanindiajournal.com