Indian textile exporters eye $15bn EU/UK windfall as FTAs reshape sourcing

Gokaldas, KPR Mill, Arvind, Welspun and Pearl Global are positioning for a step-change in EU/UK orders as buyers diversify from Bangladesh and Vietnam. Industry exports to the bloc could climb from $9.76bn in FY25 to $15bn post-FTA, with 10-15% revenue growth expected from FY28.

— Filed Tue, 26 May, 2026, 04:55 IST · Source Times of India · Business · Updated

Indian textile exporters including Gokaldas, KPR Mill, Arvind, Welspun and Pearl Global are gearing up to leverage EU/UK FTAs, with EU/UK buyers diversifying from Bangladesh/Vietnam. Exports could rise from $9.76bn to $15bn post-FTA implementation.

Why this matters

Follows mounting pressure on Centre to scrap the 11% cotton import duty amid a 45 lakh bale shortfall and 25% price spike, as exporters seek cost relief to capitalise on FTA-driven order inflows.

Retail-company signals steady at 1,134 over 90 days, reflecting consistent corporate activity flow.