India-UK free trade deal lifts import duties, boosts domestic tyre industry's prospects in UK
Indian tyre manufacturers
in the UK market is set to receive a major boost following the elimination of import duties under the newly-signed India-UK Comprehensive Economic and Trade Agreement (CETA), according to the
Automotive Tyre Manufacturers' Association
(
ATMA
), reports news agency
PTI
.
According to the report, ATMA on Tuesday said that the removal of customs duties on tyres and rubber products exported from India to the UK will significantly improve price competitiveness and market access for Indian companies.
'This will enable Indian tyre companies to build on the strong export momentum already seen over the past few years and further deepen our presence in developed markets,' said Arun Mammen, chairman, ATMA.
The industry body noted that
tyre exports from India
to the UK grew 11 per cent to ₹732 crore in FY25, up from ₹660 crore in FY24. This follows a 10 per cent growth in FY23, when exports stood at ₹602 crore. With duties now scrapped, ATMA expects this upward trend to not only continue but accelerate.
The CETA deal provides immediate export benefits to Indian manufacturers while also safeguarding domestic industry interests. Imports of major tyre categories from the UK into India have been slotted under the 'E10 staging category', meaning the reduction of tariffs will be phased over a 10-year period.
'This dual framework of immediate export gains and gradual tariff relaxation on imports is well-balanced and in the interest of long-term industry sustainability,' Mammen added.
India's tyre industry exported over ₹25,000 crore worth of tyres in FY25, backed by strong manufacturing capabilities, consistent R&D investment, and an expanding global footprint. The UK, seen as a key European market, is now expected to emerge as a significant destination for Indian tyre exports under the liberalised trade regime.
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