The India-UK Comprehensive Economic and Trade Agreement (CETA) has opened new trade opportunities for Indian exporters.
The agreement entered into force on July 15, 2026. It provides tariff benefits for eligible goods traded between India and the UK.
However, some Indian MSMEs are still working through the new compliance rules.
Punjab MSMEs Face Compliance Challenges
The issue is being seen among MSMEs in Punjab. Ludhiana’s woollen knitwear and hosiery sector is among the affected clusters.
Other export sectors are also reviewing the new requirements.
Exporters must meet the rules of origin to claim CETA benefits. They must also keep the right records and documents.
These rules can be difficult for smaller businesses. Many MSMEs have limited staff for trade and customs work.
Rules of Origin Need Attention
Exporters need to understand the origin of their products. They must also check product classification and input sources.
Production details and costing records can also be important. Proper documentation can help exporters support their CETA claims.
Industry representatives have called for more workshops and awareness programmes.
Such programmes can help MSMEs understand the agreement. Sector-specific guidance can also make the process easier.
Buyer Interest Begins to Emerge
Industry representatives have reported early enquiries from international buyers.
The enquiries indicate interest in Indian products under the new trade framework.
This makes exporter readiness important. MSMEs need to understand the rules before using the available tariff benefits.
Large companies may have dedicated teams for trade and customs work. Smaller firms may need more support from industry bodies and government agencies.
Support Can Help MSMEs
Industry stakeholders have called for practical support for smaller exporters.
Training can help businesses understand CETA requirements. It can also help them improve records and compliance systems.
The India-UK CETA creates new opportunities for Indian exporters. For MSMEs, proper preparation will be important to use these opportunities effectively.
