Apparel manufacturer and exporter Gokaldas Exports is eyeing a substantial capital expenditure of ₹450-500 crore next year, fueled by improving demand visibility and new customer additions. While initial capex for FY27 is pegged at around ₹150 crore, strong forward-looking business projections from global clients could necessitate investments exceeding ₹200 crore annually over the next three years. The apparel export sector is showing clear signs of recovery after a prolonged period of subdued sourcing and lean retail inventory management in Western markets. In addition to domestic growth, the company is witnessing strong interest from clients looking to diversify their manufacturing hubs into Africa, particularly Kenya, to leverage favorable duty differentials. Gokaldas has already secured two new African customers with operations slated to begin in April 2027. Backed by this robust multi-region pipeline, the company reported a sharp five-fold increase in consolidated profit after tax to ₹41 crore for the second quarter.