India's R R Kabel to increase overseas shipments outside US to counter tariffs
01/08/2025 09:52
By Hritam Mukherjee and Ananta Agarwal Aug 1 (Reuters) - India's top wire exporter R R Kabel RRKA.NS will ramp up shipments to other key overseas markets if President Donald Trump's proposed tariffs dent competitiveness in the United States, a senior executive told Reuters on Friday. Finance chief Rajesh Jain maintained the firm's full-fiscal volume growth forecast of 16%-18%, saying it will hedge against U.S. risks by routing more products to other key markets like Europe and the Middle East. (Reporting by Hritam Mukherjee and Ananta Agarwal in Bengaluru) ((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))
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