Exclusion of dairy comes as a relief

Tea, processed food shipments to rise; no gain for rice exporters

- SANDIP DAS

THE TARIFF CONCESSIONS under the India-UK FTA for tea, spices, food items and marine products will help Indian exporters increase market access in the UK. The local industry and farmers are also relieved that several sensitive sectors such as dairy have been kept out of the purview of the deal.

Traders anticipate a rise in imports of lamb, confectionery, and salmon into India, although the exact quantum of additional imports would vary depending on the level of competitiveness of the UK industry, and its pricing power.