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India's R R Kabel will see a surge in volume by 2026 due to US tariffs.

A top executive at Indian wire and cable maker R R Kabel’s said on Monday that the company expects its volume to grow by more than twice in fiscal 2026. The U.S. Tariff Policy presents "an opportunity" for trade, as China's tariffs are increasing, he added.

R R Kabel's finance chief Rajesh JAIN said that the company expects volume growth to be between 16 and 18% in fiscal 2026. This is partly due to U.S. Tariff policy, which affects Indian exporters more than their Chinese competitors.

India's exports are more competitive because of higher levies against China.

"I had only one client until last year. Now I'm already in discussions with four or five large customers." Jain stated that China may face challenges, but we will not.

Volumes grew by 7%, which was below the company's target of 15%. This is due to a slower construction pace caused by Indian elections, and disruptions on export markets resulting from tensions at the Red Sea.

Jain stated that the fluctuating tariffs of President Trump, which have unstabilized global markets and threaten trade stability, were beneficial to the company.

The U.S. imposed a 10% base tariff on all exports. Additional reciprocal levies include a 26% rate for India. These are scheduled to begin on July 8, 2018. China, on the other hand, faces a tariff of 145% as both countries seek to reach a trade deal.

R R Kabel exports about 10% of its revenue to the U.S. Exports account for 26% of the company's sales, which is a higher percentage than its larger competitors Havells or Polycab. Reporting by Hritam mukherjee in Bengaluru and Ananta agarwal; editing by Tasim zahid

(source: Reuters)