India’s AWL Agri Business Eyes U.S. Export Growth Amid Tariff Cuts
AWL Agri Business expects higher U.S. exports of Fortune basmati rice and edible oils after the U.S.–India trade deal cut tariffs to 18% from 50%. Leveraging Wilmar’s network, AWL sees export growth, with FY26 revenue projected above ₹715 billion despite margin pressures.
Following a significant trade agreement between the United States and India, AWL Agri Business, formerly known as Adani Wilmar, anticipates increased exports of its Fortune-branded basmati rice and edible oils to the U.S. The pact, announced by President Donald Trump, reduces tariffs on Indian goods to 18% from 50%.
With exports comprising 8% of its sales, AWL Agri aims to leverage its distribution networks and Singapore-based parent company Wilmar International to enhance its presence in the U.S. Executive Deputy Chairman Angshu Mallick noted that the company expects a rise in export revenue from the U.S., pending a thorough review of the trade deal’s specifics.
Projections for fiscal 2026 suggest AWL Agri’s revenue should surpass 715 billion rupees. This comes as Indian consumer goods experience a demand rebound, supported by government tax cuts. Despite a 10% revenue increase in the edible oil sector, AWL’s profit fell 35% due to commodity price dynamics.
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Source : Devdiscourse
