‘Indian MSMEs, dairy sectors may face competition, must attain UK standards’

Kamal Jain, Director, Cargomen Logistics said, “The India-UK Free Trade Agreement, by lowering tariffs, aims to boost bilateral trade, reduce costs and enhance market access. Sectors like textiles, automotive and agri-products may gain competitiveness, while UK firms can tap into India’s large consumer base. It encourages MSMEs, startups and supply chain partnerships. However, challenges exist—Indian MSMEs and dairy sectors could face stiff competition and exporters may struggle with UK standards. Revenue loss from lower duties and uneven sectoral gains are concerns. Sensitive industries may be impacted by liberalized imports. A balanced implementation with safeguards is key to ensuring sustainable, inclusive growth for both economies.”