UK and EU FTAs could lift India’s apparel export share, benefiting Gokaldas, Arvind
Motilal Oswal expects lower US tariffs and duty-free access under India’s UK FTA, alongside a potential EU pact in 2027, to strengthen Indian apparel exporters. Gokaldas Exports, Arvind and Pearl Global could gain as larger suppliers consolidate orders, despite Bangladesh’s labour-cost advantage.
Motilal Oswal says lower US tariffs and UK/EU FTAs could improve Indian textile exporters’ competitiveness. Larger suppliers including Gokaldas Exports, Arvind and Pearl Global may gain from consolidating global orders, though Bangladesh retains a major labour-cost and manufacturing-scale advantage.
Why this matters
The view extends Motilal Oswal’s recent initiation on eight textile stocks highlighting upside for Gokaldas and Arvind, and follows Gokaldas’s FY27 margin-lift and $1bn UK-opportunity outlook after duty removal.
Retail-company signals are accelerating, up +258300% QoQ.