Textile and Shrimp Shares Fall After Trump Raises Tariffs; KPR Mills, Avanti Feeds Down Up to 4%

On 7 August 2025, the United States increased tariffs on a range of Indian products, triggering a sharp sell‑off in textile and shrimp stocks. Investors reacted swiftly to the news, with several key names dropping in value.

Market Impact of Increased Tariffs

The tariff hike was announced by President Trump, citing a dispute over Russian oil imports. The decision shocked the financial markets, with the Sensex falling 418.62 points to 80,125.37 and the Nifty slipping 140 points to 24,434.20. Shares linked to textile exports and shrimp production eased, reflecting fears of a drop in overseas demand.

Key Affected Companies

Full‑scale exporters such as Gokaldas Exports, KPR Mill and Avanti Feeds saw declines of 1 % to 4 %. Trident, Arvind and Welspun Living slipped by 0.7 % to 3 %, indicating a broader sectoral pull‑back. Shrimp producers experienced similar pressure as export prospects dimmed. Apex Frozen was trading nearly 3% lower.

Read More: India-Japan Textile Trade Collaboration Advances with $354 Million Exports and Investment Opportunities!

Shrimp Export Concerns

India is one of the world's largest shrimp exporters. The tariff increase raises the cost of Indian shrimp in the US market, potentially reducing competitiveness. Traders predict a short‑term dip in shrimp stock prices until the tariff situation stabilises.

Conclusion

The tariff escalation by the US government on 7 August 2025 has led to a noticeable drop in textile and shrimp shares. Gokaldas Exports, KPR Mill, and Avanti Feeds each fell up to 4 %, while the overall market indices traded lower. Market participants are now monitoring further policy developments as the trade dispute unfolds.

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