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a report by CareEdge Ratings, it has been stated that the immediate losses that India incurred owing to reciprocal tariffs on its textile exports by the US, might get balanced through exports to the UK, reinforced by the recent India-UK Free Trade Agreement (FTA).

Kitex’s 2024-25 annual report states that the company currently has the capacity to produce 432,000 pieces of apparel per day. The company is also awaiting land registration for its second integrated plant in Telangana, located at Sitarampur near Hyderabad.

Both associations stressed that a simplified and uniform GST regime was essential for strengthening the domestic textile industry, especially at a time when global tariff pressures were already impacting exports.

The state noted that while the US accounted for 20% of India’s overall export value, it represented 32% of Tamil Nadu’s exports in 2024–25, amplifying the impact of the tariff on the state’s economy.

The new CFO brings nearly three decades of financial and operational leadership experience at major consumer companies. Before joining Crocs, Reagan served as CFO of SharkNinja Inc., and prior to that, spent around 14 years at Nike Inc.

Over the next five years, ABLBL aims to deliver double-digit growth in revenue and EBITDA, with more than 250 new stores planned for FY '26 through a balanced mix of franchise and company-owned outlets.