Kitex Garments has projected a strong revenue outlook for 2025, anticipating a turnover of ₹1,000 crore, driven by favorable changes in US trade policy under former President Donald Trump. The imposition of steep tariffs on major textile exporters like Bangladesh and China has given India a relative advantage, allowing Kitex to strengthen its position in the global textile market.
In a recent investor presentation, Kitex expressed confidence in its future growth, stating that once its new manufacturing facilities in Telangana become fully operational, annual revenues could eventually reach ₹5,000 crore. Following the announcement, the company’s stock surged and hit the upper circuit, ending the day at ₹244.25—5% higher.
Trump’s new tariff regime includes a 26% duty on Indian textile products, significantly lower than the 37% levied on Bangladesh and over 100% on Chinese exports. This disparity provides Indian exporters with a unique edge in the US market. Political instability in Bangladesh is expected to further redirect textile demand toward India.
Citing data from the US Office of Textiles and Apparel, Kitex noted that India’s apparel exports to the US rose by 4.25% to $4.4 billion between January and November last year, while Bangladesh’s exports saw a slight decline. Kitex aims to capture at least 1% of the US market’s garment needs—a sizable share that could greatly benefit from reduced tariff barriers.
The company is also investing ₹3,550 crore to enhance its production capabilities to cater to increasing interest from US buyers seeking cost-effective, low-tariff sourcing alternatives.
