<h1>CEO warns new US tariff regime could hit growth; company watching impacts, boosting India sourcing and store expansion</h1> The company's CEO warned that a new US tariff regime may have economic consequences but its ultimate impact remains uncertain; the company is monitoring developments and assessing supply-chain adjustments given regionalised sourcing and import-dependent categories. The retailer, active in multiple jurisdictions and expanding retail and sourcing operations in India, plans further investments and increased local sourcing to build volumes, potentially doubling store capacity in 12-24 months. The company supports EU-India free-trade talks as mutually beneficial and views Indian non-tariff measures as government efforts to stimulate domestic growth, engaging with authorities to align supply strategies.