El acuerdo de libre comercio entre India y Reino Unido elimina los aranceles de importación y mejora las perspectivas de la industria nacional de neumáticos en el Reino Unido.

The competitiveness of Indian tyre manufacturers in the UK market isset to receive a major boost following the elimination ofimport dutiesunder the newly-signed India-UK Comprehensive Economic and TradeAgreement (CETA), according to the Automotive Tyre Manufacturers’ Association(ATMA), reports news agency PTI.

According to the report, ATMA on Tuesday said that the removal ofcustoms duties on tyres and rubber products exported from India to theUK will significantlyimprove price competitiveness and market accessfor Indian companies.

“This will enable Indian tyre companies to build on the strong exportmomentum already seen over the past few years and further deepen ourpresence in developed markets,” said Arun Mammen, chairman, ATMA.

The industry body noted that tyre exports from India to the UK grew 11per cent to ₹732 crore in FY25, up from ₹660 crore in FY24. This followsa 10 per cent growth in FY23, when exports stood at ₹602 crore. Withduties now scrapped, ATMA expects this upward trend to not onlycontinue but accelerate.

The CETA deal provides immediate export benefits to Indianmanufacturers while also safeguarding domestic industry interests.Imports of major tyre categories from the UK into India have beenslotted under the ‘E10 staging category, meaning the reduction of tariffswill be phased over a 10-year period.