Gokaldas Exports Welcomes India-EU FTA: Boost for Textile Sector, Margin Improvement Expected

• Gokaldas Exports, a major textile exporter, welcomes the India-EU Free Trade Agreement as a positive step for Indian textile and apparel players.
• The company currently derives 16-17% of its revenue from the EU, expecting this to rise to 19-20% within 12 months due to the FTA.
• Gokaldas Exports plans further investments in the EU post-2027 once the deal fructifies, anticipating improved margins on exports to the region.
• Despite 50% tariffs on US exports, the company has a strong order book for the US until Q1 FY27, though US export margins are in low single digits.
• The India-EU FTA will bring zero tariffs on various Indian exports, including textiles, marine products, and chemicals.

Why It Matters: India-EU FTA is a significant opportunity for Gokaldas Exports to boost EU revenue and improve margins despite US tariffs.