India’s rich fashion heritage, known for its handwoven textiles and intricate craftsmanship, is set to gain global momentum with the upcoming India-UK Free Trade Agreement (FTA). The deal aims to eliminate restrictive tariffs, creating new opportunities for designers, entrepreneurs, and artisans.
Sanjay Nigam, founder of the Fashion Entrepreneur Fund and the India Fashion Awards, views this as a pivotal moment for the industry. He highlights how trade barriers have long restricted Indian fashion’s competitiveness and believes the FTA will provide much-needed recognition and opportunity.
With negotiations in their 15th round, the agreement is expected to level the playing field for Indian brands, allowing them to compete without pricing disadvantages. While renowned designers like Sabyasachi Mukherjee and Gaurav Gupta have made a mark internationally, high tariffs have hindered broader industry growth.
India’s textile sector supports millions of artisans, weavers, and designers. The removal of trade barriers could drive investment, job creation, and supply chain expansion. The deal also aligns with the global shift toward sustainable and ethical fashion, an area where India has a natural advantage due to its eco-friendly textile traditions.
As the FTA moves closer to finalization, the Indian fashion industry is preparing for expansion. Emerging designers and heritage brands alike stand to benefit, making this agreement a potential breakthrough for India’s global fashion presence.