India's R R Kabel says 'won't take extra hit' to supply to US; to shift exports after tariff impact

(Reuters) -India's top wire exporter R R Kabel will ramp up shipments to key markets, including Europe and the Middle East, to cushion the impact of a 25% U.S. tariff on Indian goods, a senior executive told Reuters on Friday. "I will not take any extra hit on my profit and loss (statement) just to make supply to the U.S.," finance chief Rajesh Jain said in an interview, adding that he will pass on any price increases to his customers. Jain reaffirmed the firm's 2026 fiscal year volume growth forecast of 16%-18%, saying R R Kabel plans to hedge against U.S. risks by redirecting products to other key markets.