Announced Thu, 16 Jul · 17:11 IST
Jindal Worldwide sees 15-20% export growth in FY27 on India-UK FTA
JINDWORLD · price
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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹31.92
prior close
₹32.80
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AI summary
Jindal Worldwide welcomed the India-UK FTA, which is expected to eliminate tariffs on Indian textile and apparel exports to the UK. The company expects exports to grow 15-20% in FY27 and aims to more than double exports over the next three years. Management sees this as a level playing field versus competitors with preferential UK access and plans to expand UK presence, customer base, and global marketing network.
Likely market impact
Positive: management has guided for 15-20% export growth in FY27 and a doubling of exports over 3 years, supported by tariff elimination under the India-UK FTA.