India's Gokaldas eyes EU growth, Africa expansion to counter Trump's tariffs

Core Viewpoint - Indian textile manufacturer Gokaldas Exports is planning to increase shipments to the European Union and the United Kingdom while expanding production in Africa due to the impact of punitive U.S. tariffs on profits [1] Group 1: Company Strategy - Gokaldas Exports aims to boost shipments to the European Union and the United Kingdom as a strategic response to U.S. tariffs [1] - The company is also looking to expand its production capabilities in Africa to mitigate the risks posed by U.S. tariffs [1] Group 2: Market Context - The decision to shift focus towards the European market and Africa is driven by the need to protect profit margins affected by U.S. tariffs [1]