Shares of Arvind Ltd climbed 2.38% to ₹373.90 in early trade on May 7, reacting positively to the announcement of the India-UK Free Trade Agreement (FTA), which will eliminate the 8–12% import duty on Indian textile and garment exports to the United Kingdom.
This development positions Indian exporters like Arvind, Gokaldas Exports, and KPR Mill more competitively against peers from Bangladesh, Vietnam, and China. The move is expected to significantly boost India’s textile export potential to the UK.
India’s current garment exports to the UK are worth around $1.5 billion, much lower than Bangladesh’s $4 billion and China’s $5 billion, indicating large room for growth. With Indian apparel now at tariff parity with Bangladesh, exporters like Arvind stand to gain market share.
Key Market Data (May 7, 2025):
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Previous Close: ₹365.20
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Day Range: ₹366.65 – ₹382.60
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52-Week Range: ₹297.00 – ₹450.00
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Market Cap: ₹97,570 crore
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P/E Ratio: 32.53
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Dividend Yield: 1.00%
The FTA is seen as a structural boost to India’s textile sector, and investors are betting on long-term export-led growth for companies like Arvind Ltd.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Please consult a financial advisor before making any investment decisions.
