Ludhiana: CICU: India-UK trade pact to give fillip to city industry
Ludhiana, July 17 -- According to the Chamber of Industrial and Commercial Undertakings (CICU), the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA) from July 15 is set to unlock significant growth opportunities for Punjab's industrial sector, with Ludhiana expected to emerge as one of the biggest beneficiaries of the landmark trade pact.
CICU president Upkar Singh Ahuja described CETA as a transformative step that would strengthen exports, manufacturing, investments and employment across the state. He said "Nearly 99 per cent of Indian exports would now enjoy duty-free access to the UK market, while tariffs on a large number of textile and engineering products had been eliminated, enhancing the competitiv...
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