Textile Sector

Union Commerce and Industry Minister Piyush Goyal on Saturday described Congress leader Rahul Gandhi as "immature" and lacking understanding of the economy and accused the opposition party of spreading misinformation as it had no constructive agenda to criticise the Narendra Modi government. Speaking to reporters here in Mumbai on the Union Budget, Goyal said Rahul Gandhi is "thousand miles away from the truth" and asserted "discredited leaders" like him may try but would not be able to stop Prime Minister Modi and his service to the nation. "The Congress is frustrated. It has no other scheme or solution except spreading misinformation and fabricated claims. It does not have any point to criticise us. They are trying to mislead our farmers by spreading wrong and false information," he said. "I am confident that discredited leaders like Rahul Gandhi of the Congress and its allies, including TMC, DMK and SP, which are parties rejected by the people, can try hundreds of thousands of ..

As textiles return to the policy spotlight, India Art Fair reflects this moment, exploring fabric and fibre as living archives of labour, identity, and cultural memory

The total value of new project announcements for the year ending December 2025 was Rs 44,019 crore, the highest on a rolling 4-quarter basis since at least 2011

Phase-II of semicon mission announced

Textile stocks to buy: Analysts say the India-EU FTA could boost Indian textile exports by cutting EU tariffs to zero. Here are key beneficiaries

This comes after the government notified targets for the aluminium, cement, chlor-alkali and pulp and paper sectors in October 2025

Renewable energy adoption has gained momentum in the Indian textile industry, but intensity-related challenges still persist, stated an ICRA ESG Ratings Report. A new report by ICRA ESG Ratings Ltd shows a steady increase in renewable energy adoption among Indian textile companies, even as energy use per unit of revenue, has also increased, an ICRA statement said. The findings are based on a review of 19 major textile firms, including Page Industries Ltd, Welspun Living Ltd, Arvind Ltd, and KPR Mill Ltd, from FY2023 to FY2025. The study is part of the broader analysis presented in 'Sustainability Unstitched: Indian textile industry's green gauge.' The report says that the average share of renewable energy in the sector's total energy consumption rose from about 14 per cent in FY2023 to nearly 18 per cent in FY2025. Apparel companies led with an increase from 26 per cent to 28 per cent, aided by the feasibility of rooftop solar for electricity-driven operations like cutting and ...

JM Financial has set a target price of ₹1,215 per share, implying an upside potential of 21 per cent

In case of lower US tariffs, shares from IT, gems & jewellery, shrimps and textile-related sectors are likely to benefit, believe analysts.

The government has extended the last date for filing fresh applications under the production-linked incentive (PLI) scheme for the textiles sector till December 31. The decision follows the receipt of large number of applications in the latest invitation round that started on August 2025, from sectors including Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles. "Encouraged by the growing industry interest, the government is offering another opportunity to prospective investors to participate and benefit from the scheme," the textiles ministry said in a statement. The extension of the application window is a direct response to the industry's continued appetite for investment under the PLI scheme, reflecting increased market demand and confidence in the domestic textile manufacturing, it added. Interested applicants may submit their proposals through https://pli.texmin.gov.in/ PLI Scheme for Textiles was notified on September 24, 2021 with an objective to promote ..

CITI has welcomed the PLI Scheme 2.0 for Textiles, saying the lower thresholds, wider HSN coverage and easier eligibility will benefit MMF apparel, fabrics and smaller firms

Fifteen companies have proposed investments worth Rs 12,508 crore in Madhya Pradesh's textile sector, expected to generate 18,000 jobs, with key projects at the PM MITRA Park in Dhar

Bank stocks extended losses as Nifty Bank index slipped 7% from its July peak. Analysts flag US tariff risks may hit HDFC Bank, IndusInd Bankm City Union Bank, Federal Bank

Tamil Nadu urges higher export incentives and faster EU trade deal as duty-free cotton imports extended till Dec 31, while farmers complain of falling domestic cotton prices due to cheap US supplies

Textile stocks traded largely negative, falling up to 4 per cent, after 50 per cent tariffs levied by the US on Indian goods came into effect from August 27, 2025

In the past week, textile stocks have fallen by up to 18 per cent following Trump's announcement of a 25 per cent tariff

Shares of Faze Three hit a record high of ₹694, soaring 7% on the BSE in Monday's intra-day trade, surpassing its previous high of ₹667 touched on May 19, 2025.

India needs to reclaim the grounds which it has been losing over the last 15-20 years as one of the market leaders in textiles

The state aims to increase its gross domestic product (GDP) from Rs 5.68 trillion in FY25 to Rs 6.35 trillion by the end of the current financial year

Buyers are rushing to Tiruppur after Trump's tariffs hit rivals like China, Vietnam and Bangladesh, sparking hopes of a double-digit export surge this year