3 Indian Textile Companies Set to Gain from India-UK Trade Deal

The India-UK Free Trade Agreement (FTA), recently signed, is expected to benefit Indian textile companies in a big way. It removes tariffs on 99% of Indian exports to the UK, including clothing and fabric products. This move will make Indian textile goods cheaper and more attractive in the UK, likely boosting exports.

Below are four technically and fundamentally strong textile companies likely to benefit from the deal:

1. Welspun Living Ltd. (NSE: WELSPUNLIV)

What They Make: Towels, bed sheets, and other home textile items.

Benefit: Since the UK is a key market for home textiles, Welspun is in a good position to grow its exports under the new deal.

2.⁠ ⁠KPR Mill Ltd. (NSE: KPRMILL)

What They Make: Ready-made clothes and yarn.

Benefit: The deal’s focus on garment exports matches KPR’s products, which may lead to higher demand from UK buyers.

3.⁠ ⁠Gokaldas Exports Ltd. (NSE: GOKEX)

What They Make: Apparel for global markets.

Benefit: Gokaldas, being an export-focused company, can use the trade deal to increase its reach in the UK.

Also READ : Which stocks may benefit from India's Import Ban on Bangladesh

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