India’s apparel export sector is witnessing renewed momentum as favorable trade policies and strategic corporate actions converge to strengthen the country’s competitive position. The recently concluded India-U.K. Free Trade Agreement (FTA) has emerged as a game-changer, offering Indian exporters a 12% duty advantage over competitors like China, enhancing price competitiveness and export opportunities.

Global and Trade Context

The global apparel market is projected to grow from $575 billion in 2025 to $715 billion by 2030, driven by rising consumer demand and evolving fashion trends. India, with its competitive labor costs, strong manufacturing base, and stable policy framework, is well-positioned to emerge as a preferred sourcing hub.

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Gokaldas Exports: Growth and Expansion

Gokaldas Exports has demonstrated robust performance in FY25, achieving a 63% year-on-year increase in consolidated income, reaching ₹3,917 crore. This growth was supported by both organic expansion (19% YoY) and strategic acquisitions contributing 34% of revenue.

Key acquisitions include:

• Atraco: Expanding manufacturing capabilities in Kenya and Ethiopia to serve diverse markets.
• Matrix Design: Strengthening the company’s position in knitwear, catering to North America, Europe, and South Africa.

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Operational and Sustainability Focus

Gokaldas Exports continues to invest in workforce and sustainability:

• Employee Development: Over 51,000 employees upskilled to enhance productivity and quality.
• Sustainability: Achieved 40% water savings in laundry processes and reduced water intensity per garment by 8%, aligning with global ESG goals.

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Impact of the India-U.K. FTA on Apparel Prices

The FTA is expected to reshape pricing dynamics in the U.K. apparel market:

• 12% tariff reduction enhances price competitiveness.
• Lower costs for importers could translate into lower retail prices.
• Increased sourcing from India may lead to higher volumes and economies of scale.
• Greater visibility and favorable sentiment could strengthen India’s market share, putting pressure on rivals like China.

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Key Data Summary

Category	Details
Global Apparel Market Size	$575B (2025) → $715B (2030)
India-U.K. FTA Advantage	12% duty reduction over China
Gokaldas Exports FY25 Revenue	₹3,917 crore (+63% YoY)
Organic Growth	19% YoY
Contribution from Acquisitions	34%
Key Acquisitions	Atraco (Kenya, Ethiopia), Matrix Design (Knitwear)
Employee Upskilling	51,000+ employees trained
Sustainability Achievements	40% water savings; 8% reduction in water intensity per garment
FTA Impact on Pricing	Lower costs for importers; potential retail price reduction in the U.K.
Future Focus	EU, U.S., U.K. trade talks to strengthen competitive position

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Outlook

Gokaldas Exports’ strategic mix of acquisitions, skill enhancement, and sustainability aligns with India’s broader ambitions to be a global apparel powerhouse. With ongoing FTA negotiations with the EU, U.S., and U.K., the company is well placed to navigate trade uncertainties. Meanwhile, the India-U.K. FTA is expected to reduce clothing prices in the U.K., benefiting consumers and consolidating India’s role as a leading apparel supplier.