Arvind Vice Chairman: UK, Europe FTAs to Boost Garment Sector Margins Significantly
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CNBC TV1802-02-2026, 16:58

Arvind Vice Chairman: UK, Europe FTAs to Boost Garment Sector Margins Significantly

  • Punit Lalbhai, Vice Chairman of Arvind, states that Free Trade Agreements (FTAs) with the UK and Europe could dramatically increase profitability for India's textile and apparel industry.
  • He highlights that these FTAs could add 10-12% to the net 6-8% business, significantly impacting an industry with typically thin margins.
  • Lalbhai believes these agreements will transform India's role in the global textile value chain, shifting it from a yarn/fabric supplier to a stronger garment exporter.
  • Arvind is actively diversifying its market presence, aiming to double its turnover in the UK and Europe from the current 8-9% to reduce dependence on the US market.
  • Despite global uncertainties, Arvind reported strong Q3FY26 results with 14% year-on-year growth and 15% EBITDA increase, driven by advanced materials and garments divisions.

Why It Matters: UK and Europe FTAs are poised to significantly boost India's garment sector margins and global standing.

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