UK To Import Smartphones, Optical Fibre Cables, Inverters At Zero Duty From India Under FTA

India's electronics sector has received a major boost, as exports of smartphones, optical fibre cables, and inverters to the United Kingdom will attract zero import duty under the Free Trade Agreement signed on Thursday.

The India-UK FTA opens up export potential for Indian software firms, with the inclusion of IT and IT-enabled services in the list.

"Zero-duty access expected to accelerate exports of electronic products, with smartphones, optical fibre cables, and inverters set to strengthen India’s foothold in the UK market," an official source said.