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India-UK FTA to boost textile exporters; Arvind, KPR Mill, SP Apparels in focus: Elara Capital

Prerna Jhunjhunwala, Vice President Equity Research at Elara Capital, said the India-UK Free Trade Agreement removes a key disadvantage for Indian textile exporters by eliminating import tariffs. She expects companies with existing UK exposure, including SP Apparels, KPR Mill, Wellspun Living and Indo Count, to benefit. Elara Capital also sees Arvind Ltd as a top pick, citing growth opportunities in technical textiles and expanding garment exports.