Page 2 - Indian Textiles

India must safeguard its export-oriented industries and emerge stronger

The Union government must put forward a coherent policy framework to safeguard India's export sectors, with particular attention to textiles

How Trump's tariffs threaten crisis for India's textile, apparel industry

Unless the country can leverage its raw material advantage and new trade deals

US tariff hike halts Indian textile exports as major retailers pause orders

Retail giants like Walmart, Amazon, and H&M ask Indian suppliers to hold shipments as the US raises textile and apparel import duties to 50 per cent

Textile industry seeks export incentive to minimise US tariff impact

The US is India's largest market for textile and apparel exports, and had clocked around $4.59 billion worth of exports during the January to May 2025 period

Textile ministry likely to meet industry players next week over US tariffs

Union Textiles Minister Giriraj Singh will meet industry stakeholders next week to deliberate upon the potential impact of US President Donald Trump's announcement to impose a 25 per cent tariff on India and seek their views on the issue, according to sources. The US is India's largest market for textile and apparel exports, accounting for about 25 per cent of the country's total outbound shipment from the sector. Discussions in the meeting will also revolve around realising opportunities arising for India's textile sector from the UK-India FTA, which was signed last month, as the government and industry want to leave no stone unturned to achieve the textile export target of USD 100 billion by 2030, and mitigate the potential impact of the US tariff announcement, sources told PTI. While it would be "premature" to talk about any measures being considered to support domestic textile exporters in light of the US announcement, they said, the government wants to seek the industry's ...

Textile stocks slip up to 9% on US tariff; should you buy, hold or sell?

In the medium to long term India's tariff rate are competitive with other major exporting countries and hence exports order will normalise once tariff effect gets absorbed in the market.

Trump 25% tariff on India: 5 textile, jewellery stocks may crack up to 27%

Titan, Gokaldas Exports, Welspun Living, Goldiam International and Indo Count are likely to decline up to 27% from here, as stocks break below key support levels; show technical charts.

Gokaldas, Vardhman, Siyaram rally up to 8%. What's driving textile stocks?

Textile shares outlook: Analysts expect the Indian textile sector to benefit if India manages to sign a favourable trade deal with the US.

Govt working on a separate PLI for garments: Textile minister Giriraj Singh

The Indian textile industry, which was worth $112 billion a decade ago, has grown by nearly 60 per cent to $176 billion today and our target is to grow it to $350 billion by 2030, says Giriraj Singh

Ashish Kacholia portfolio stock hits record high; zooms 27% in 5 days

Shares of Faze Three hit an all-time high of Rs 602.85, surging 7.5% in Thursday's intra-day trade, zooming 90% from its March month low of Rs 318 on the BSE.

SP Apparels, Gokaldas, Indo Count, KPR Mill surge up to 20%; here's why

India and the United Kingdom (UK) on Tuesday announced the conclusion of talks for a free trade agreement (FTA) that will boost strategic and economic ties between the countries.

India threads trade advantage as US reciprocal tariffs fray textile majors

The advantage could grow if trade negotiations lead to zero-duty cotton imports. Under Trump's tariff plan, Vietnam's textile exports will face a 46% duty, Bangladesh's 37%, and China's 54%

How Indian enterprise evolved: From bazaars to the Reliance empire

Lakshmi Subramanian's book provides a sweeping view of Indian business history, from pre-modern trade to corporate giants like Reliance, highlighting entrepreneurs and industrial evolution

Sanathan Textiles IPO invites bids: Analysts weigh on long-term prospects

Sanathan Textiles raised Rs 165 crore from anchor investors on Wednesday, December 18 with key anchors including SBI Magnum Children's Benefit Fund, Nippon India SmallCap Fund, HDFC Manufacturing Fund

Under PM Modi's leadership, textile sector will see new heights: Giriraj

During April-October, Indian textiles exports registered a growth of 4.01 per cent over the previous year while apparel exports registered a growth of 11.60 per cent during the same time

Framework on sustainability for textile industry on cards amid global focus

The ministry of textiles is preparing the framework and has been in consultations with the industry to take into consideration its views

Food products and textiles top manufacturing employers, says survey

Data shows that the total number of operational factories in the organised manufacturing sector increased to 253,334 in FY23 from 249,987 in the financial year 2021-2022 (FY22)

India lags in filling void left by Chinese export retreat: World Bank

India's share of global apparel exports has decreased from 4 per cent in 2018 to 3 per cent in 2022, mainly due to rising production costs and declining productivity, according to the World Bank

Textiles, apparel exports rise 4.73% in July on improved demand: CITI

India's textiles and apparel exports in July grew by 4.73 per cent to USD 2,937.56 million compared to the same month last year mainly driven by an increase in demand for apparels, the Confederation of Indian Textile Industry (CITI) said on Thursday. Textiles and apparel exports stood at USD 2,805.01 million in July 2023, CITI said. While the textile exports were steady at USD 1,660.36 million in July compared to USD 1,663.06 million, apparel shipments during the month surged by 11.84 per cent to USD 1,277.20 million from USD 1,141.95 million during the same time last year. "This year has shown promising progress for India's T&A exports, particularly when compared to last year. The growth in exports is largely attributed to the expanding share of Indian apparel in key markets such as the US, alongside increased exports to the European Union and the UK," CITI Chairman Rakesh Mehra said. The industry, he said, remains optimistic about export orders in the upcoming months, and is ...

This garment stock has rallied 44% in 2 days; zoomed 114% from June low

Shares of S.P. Apparels hit a new high of Rs 1,133, as they surged 20% on the BSE in Wednesday's intra-day trade amid heavy volumes.