New Delhi, India – In light of the ongoing 11th round of Free Trade Agreement (FTA) negotiations between India and the European Union, Dr. Mukesh Kansal, Chairman of CTA Apparels, shared his perspective on the potential impact of the agreement on the textile and apparel industry.
“We are pleased to share the following comment from Dr. Mukesh Kansal, Chairman, CTA Apparels, regarding the ongoing negotiations of the India‑EU Free Trade Agreement:
“The momentum from the successful conclusion of the India-UK FTA has boosted our confidence in India’s ongoing trade negotiations. As India and the European Union begin the 11th round of FTA talks, we are hopeful that a well-paced, phased approach will lead to a strong interim agreement. For the textile and apparel industry, this FTA holds immense potential, from enhanced market access to the reduction of duties and smoother regulatory pathways. A timely and balanced agreement with the EU will not only strengthen our exports but also contribute to long-term economic growth and global competitiveness.”
— Dr. Mukesh Kansal, Chairman, CTA Apparels
The textile industry, a significant contributor to India’s exports and employment, is closely watching the progress of the India-EU FTA, which is expected to bring strategic trade advantages and new opportunities for Indian manufacturers.
