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The Hindu·3 min read·medium

India-U.K. CETA to spur sourcing of textiles, food produce from Telangana, help attract more GCCs

T
The Hindu Bureau
India-U.K. CETA to spur sourcing of textiles, food produce from Telangana, help attract more GCCs
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The newly enacted India-UK Comprehensive Economic and Trade Agreement (CETA) is expected to boost exports of textiles, spices, and marine products from Telangana. The deal also encourages British firms to establish global capability centers in Hyderabad and fosters collaboration in pharmaceuticals and defense.

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The India–UK Comprehensive Economic and Trade Agreement (CETA) that came into force on July 15 is expected to spur demand for textiles, agri produce, spices and marine products from the Telugu States, besides making several British firms consider setting up global capability centres in Hyderabad, two senior officials said.

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