Brokerage firm Motilal Oswal Financial Services initiated coverage on 8 companies across apparel and home textiles, with Gokaldas Exports, Arvind, and Indo Count Industries as high-conviction picks.
Motilal Oswal has initiated coverage on Arvind with a 'Buy' rating; it believes that company is on the verge of a strategic transformation from a fabric-focused player to a garments-led business.
Uttar Pradesh plans six textile parks across nearly 1,500 acres, targeting over ₹10,000 crore in investments and thousands of jobs
As many as 96 companies have been selected under the third round of the Production Linked Incentive (PLI) scheme for textiles with a total investment commitment of Rs 12,822.67 crore, the government said on Wednesday. The textile ministry said 22 new applicants have been cleared in the latest meet under the Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles. The 22 newly approved companies are expected to bring in a total investment of Rs 2,339.14 crore, generate a projected turnover of Rs 15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain. "A total of 96 companies have been selected under Round-3 of the scheme with a total committed investment of Rs 12,822.67 crore and a projected turnover of Rs 58,294.18 crore," an official statement said. The approved applicants span key focus segments of the PLI Scheme, including Man-Made Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles, thereby further ...
The move is expected to offer much-needed relief to the textile industry, with investors betting that the duty suspension will ease input cost pressures for manufacturers
Lux Industries stock surged 16% to ₹1,253 on the NSE in Tuesday's intra-day trade and has bounced back by 52% from its 52-week low of ₹824.05 touched on March 30, 2026.
Commerce Minister Piyush Goyal has indicated India may secure zero-duty textile access to the US, matching a tax relief granted to Bangladesh that has put Indian exporters under pressure.
Welspun's consolidated net profit came in at 2.1 million rupees ($23,178.81) for the three-month period ended December 31, sharply down from 1.21 billion rupees in the year-ago period
India's textile industry sees the US-Bangladesh trade deal as a mixed outcome, with zero reciprocal tariffs for some Bangladeshi goods potentially hurting apparel and cotton yarn exports
Despite today's decline, in the past one month, these stocks have outperformed the market, surging up to 33 per cent, as against 0.56 per cent rise in the benchmark Sensex.
Bangladesh's key export-earning ready-made garments made from cotton and synthetic fibres imported from the US will enjoy zero reciprocal duty under a new trade deal
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
With the US agreeing to cut tariffs on Indian goods to 18%, industry expects India's textile and apparel exports to gain a competitive edge and post double-digit monthly growth from FY27
The India-US trade deal, Antique believes, is significantly positive for Indian equities as FPI equity outflow of $34 billion since October 2024, the highest among emerging markets (EMs), may reverse
US tariff impact? In the past seven weeks, the market price of Gokaldas Exports has plunged 33 per cent from a level of ₹948.85 on November 20, 2025 on the BSE.
Susheel Kaul will continue in his role as managing director and will take up the key strategic projects
After years of policy hurdles, the sector finally has a clear path to scale and compete
The US is India's biggest market for textiles and apparel. In 2024-25, the sector was valued at about $179 billion, including a $142 billion domestic market and $37 billion in exports
Textiles, shrimp-related stocks rallied in Thursday's intra-day trade following reports that the US and India are close to signing a trade deal which could see substantial cut tariffs.
While US President Donald Trump and Prime Minister Narendra Modi have assured that trade negotiations are continuing, no deal has been reached so far