Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Thematic (Sector/Industry)

<ul>
<li>The India-UK FTA, signed on May 6, 2025, provides Indian textile exports with zero-duty access to 99% of their products, removing tariffs as high as 12%.</li>
<li>This landmark deal offers a substantial opportunity to increase India’s market share in the $19.7 billion UK apparel market and boosts competitiveness against Bangladesh and China.</li>
<li>With enhanced pricing power, Indian textile companies like <a href="https://www.smartkarma.com/entities/kpr-mill-ltd" target="_blank" data-smartkarma-citation="entities:8970:1" rel="noopener">KPR Mill (KPR IN)</a>, <a href="https://www.smartkarma.com/entities/welspun-india-ltd" target="_blank" data-smartkarma-citation="entities:9284:1" rel="noopener">Welspun India (WLSI IN)</a>, and <a href="https://www.smartkarma.com/entities/s-p-apparels-limited" target="_blank" data-smartkarma-citation="entities:44174:1" rel="noopener">S.P. Apparels (SPAL IN)</a> are well-positioned to scale, increasing their export share.</li>
</ul>


The India-UK FTA, signed on May 6, 2025, provides Indian textile exports with zero-duty access to 99% of their products, removing tariffs as high as 12%.
This landmark deal offers a substantial opportunity to increase India’s market share in the $19.7 billion UK apparel market and boosts competitiveness against Bangladesh and China.
With enhanced pricing power, Indian textile companies like KPR Mill (KPR IN), Welspun India (WLSI IN), and S.P. Apparels (SPAL IN) are well-positioned to scale, increasing their export share.


Thematic Report- India-UK FTA: A Stitch in Time for the Indian Textile Sector?

Partner at Exencial Research, Exencial Research

Viral Kishorchandra Shah

Partner at Exencial Research

Exencial Research

<ul>
<li>India-UK FTA removes a 12% import tariff, giving Indian textile exporters a strong price advantage in the UK market.</li>
<li>Cotton-Rich Indian apparel aligns with UK demand; exports of women’s cotton trousers to the UK rose 30% in 2023.</li>
<li>The FTA is set to boost India’s annual apparel exports to the UK from $4 billion to nearly $6 billion by 2025.</li>
</ul>


India-UK FTA removes a 12% import tariff, giving Indian textile exporters a strong price advantage in the UK market.
Cotton-Rich Indian apparel aligns with UK demand; exports of women’s cotton trousers to the UK rose 30% in 2023.
The FTA is set to boost India’s annual apparel exports to the UK from $4 billion to nearly $6 billion by 2025.


India-UK Free Trade Agreement: A New Era for India's Textile Industry

Consumer Analyst / Channel Surveillance Specialist, Trudence Capital Advisors

Pranav Bhavsar

Consumer Analyst / Channel Surveillance Specialist

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

Equity Bottom-Up

<ul>
<li>In this insight, we focus on the textile industry dynamics in India, Bangladesh, and Vietnam, particularly focusing on the "Bangladesh Plus One" sourcing strategy.</li>
<li>Textile stocks have surged significantly, with an average increase of 13% in one month and 50% year-to-date, driven by investment narratives.</li>
<li>Despite optimism in India, Bangladesh and Vietnam maintain competitive advantages, particularly in labor costs and export-oriented policies, affecting India's market share.</li>
</ul>


In this insight, we focus on the textile industry dynamics in India, Bangladesh, and Vietnam, particularly focusing on the "Bangladesh Plus One" sourcing strategy.
Textile stocks have surged significantly, with an average increase of 13% in one month and 50% year-to-date, driven by investment narratives.
Despite optimism in India, Bangladesh and Vietnam maintain competitive advantages, particularly in labor costs and export-oriented policies, affecting India's market share.


India Textiles | Bangladesh Plus One Déjà Vu

India

S.P. Apparels Limited manufactures and exports apparels. The Company offers knitted garments for infants and children. S.P. Apparels operates in India.

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S.P. Apparels (SPAL IN)

Thematic Report- India-UK FTA: A Stitch in Time for the Indian Textile Sector?

The India-UK FTA boosts Indian textile exports with zero-duty access, increasing market share and competitiveness against Bangladesh and China.

Nimish Maheshwari

India-UK Free Trade Agreement: A New Era for India's Textile Industry

India-UK FTA eliminates import tariff, boosting Indian textile exports to UK and increasing annual apparel exports to nearly $6 billion by 2025.

Viral Kishorchandra Shah

India Textiles | Bangladesh Plus One Déjà Vu

Textile industry dynamics in India, Bangladesh, and Vietnam show Bangladesh and Vietnam's competitive advantages impacting India's market share.

Pranav Bhavsar

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Thematic Report- India-UK FTA: A Stitch in Time for the Indian Textile Sector?

​The India-UK FTA boosts Indian textile exports with zero-duty access, increasing market share and competitiveness against Bangladesh and China.

Nimish Maheshwari

India-UK Free Trade Agreement: A New Era for India's Textile Industry

​India-UK FTA eliminates import tariff, boosting Indian textile exports to UK and increasing annual apparel exports to nearly $6 billion by 2025.

Viral Kishorchandra Shah

India Textiles | Bangladesh Plus One Déjà Vu

​Textile industry dynamics in India, Bangladesh, and Vietnam show Bangladesh and Vietnam's competitive advantages impacting India's market share.

Pranav Bhavsar

The India-UK FTA boosts Indian textile exports with zero-duty access, increasing market share and competitiveness against Bangladesh and China.

India-UK FTA eliminates import tariff, boosting Indian textile exports to UK and increasing annual apparel exports to nearly $6 billion by 2025.

Textile industry dynamics in India, Bangladesh, and Vietnam show Bangladesh and Vietnam's competitive advantages impacting India's market share.