Raymond Lifestyle bets on 50-60% UK growth as India-UK FTA kicks in
Raymond Lifestyle is committing ₹250 crore from internal accruals to add seven garmenting lines in Andhra Pradesh from October, targeting 50-60% UK revenue growth over 24-36 months. India-UK FTA effective July 15 underpins the bet; export order book is full through September despite a 25% stock slide over the past year.
What happened
Raymond Lifestyle expects UK business to grow 50-60% over 24-36 months as India-UK FTA takes effect July 15. Investing ₹250 crore via internal accruals to
Key facts
- 50-60% UK growth
- 24-36 months
- ₹250 crore capex
- ₹4,879.37 crore m-cap
- -25% stock 1Y
- 7 new production lines
- July 15 FTA
Why this matters
The India-UK FTA is rewriting apparel sourcing economics—scout bolt-on garmenting capacity and UK private-label relationships before competitors price in the duty advantage.