Indian steel exporters have expressed concern over the United Kingdom’s tariff-rate quota (TRQ) allocations, warning that the current limits fall short of supporting India’s export potential in several key steel product categories despite the recently concluded India–UK Free Trade Agreement (FTA).
According to exporters, while the FTA is expected to strengthen bilateral trade by providing preferential market access, the quota allocations for certain steel products remain insufficient to meet existing and future export demand. Industry representatives said the restricted quotas could limit the benefits that Indian steel producers had anticipated from the trade pact.
Exporters noted that India has developed strong manufacturing capabilities in value-added steel products and is well-positioned to cater to the UK market. However, they argued that the current quota structure may constrain shipments once the allocated volumes are exhausted, after which exports could face higher import duties.
The industry has urged the Indian government to engage with UK authorities to seek a review of the quota allocations, particularly for product categories where India’s export competitiveness is strong. Exporters believe that expanding the quotas would enable Indian steelmakers to increase shipments, diversify export markets, and capitalize on growing demand in the UK.
The concerns come at a time when India is looking to expand its steel exports amid fluctuating global demand and increasing trade protectionist measures in several markets. Improved access to the UK is viewed as an important opportunity for Indian producers to strengthen their presence in Europe following the implementation of the bilateral trade agreement.
Industry stakeholders remain optimistic about the long-term prospects of the India–UK FTA but maintain that revisiting the steel quota allocations will be essential to fully realize the agreement’s potential for the country’s steel export sector.