Textile Sector

JM Financial starts coverage on KPR Mill with 'Buy'; check target price

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

HCL Tech, Avanti Feeds, Gokex: 5 stocks to buy if India, US ink trade deal

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

Govt extends PLI scheme application deadline for textiles sector to Dec 31

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 welcomes PLI Scheme 2.0 for textiles, says changes pivotal for growth

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

Madhya Pradesh gets ₹12,508 cr investment proposals in textile sector

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

US tariffs jolt bank stocks; Are HDFC Bank, ICICI, IndusInd Bank at risk?

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

Textiles seek more incentives as govt extends duty-free cotton imports

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

Welspun Living, Alok Ind: Textile stocks slip up to 4% on US tariff jitters

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

Gokaldas, Welspun tank up to 17% in 1 week; what's hurting textile stocks?

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

Ashish Kacholia portfolio stock hits record high; zooms 118% from March low

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.

Textile sector: India needs to grab the opportunity amid tariff turmoil

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

Energy, steel, textiles cos line up ₹5.5 trn investment in Chhattisgarh: CM

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

Trump's tariffs revive Tiruppur as global buyers shift orders from China

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

OBC artisans trapped in neglect, struggle in textile sector: Rahul

Congress leader Rahul Gandhi Saturday claimed many skilled artisans from backward classes fail to make it big in the textile sector and asserted that he was fighting to break this "vicious circle of neglect and injustice". In a post on X, he shared a video of his visit to the workshop of a textile artisan trying to make his place in the fashion design sector. During the visit, Gandhi met the artisans in the workshop and tried his hands in the trade. In a post in Hindi, he said, "'I have never met an OBC at the top of the textile design industry'. This was told by Vicky, a youth who has built his business in this field based on his skills." "The artisans in his factory work hard for 12 hours a day, weaving magic with needle and thread. But the situation is the same, there is no appreciation for the skill," Gandhi said in his post. He said like other industries, the Bahujans neither have representation in the textile and fashion sector, nor access to education or a place in the ...

Govt likely to incentivise textiles in Budget as crisis hits B'desh exports

India's textile sector employs an estimated 45 million people and the government is considering increasing the textile ministry's budget allocation for 2025/26 by 10 per cent-15 per cent

UP's Kanpur, 'Manchester of the East', pivots to military ware hub

The industrial town has netted investments in an array of defence and military projects across aircraft, drones, arms and ammunition, propellant systems, among others

Textile stocks shine; Donear, Siyaram, Mafatlal, Indo Count zoom up to 20%

Analysts believe, the textile space witnessed a healthy consolidation in past couple of years and is now resuming the upward momentum.

Textile key source of economic livelihood after agriculture: Giriraj Singh

Union Textile Minister Giriraj Singh on Wednesday night said the textile sector turning into another key source of income for the people after agriculture. Speaking at a road show in the run up to the Bharat Tex 2025, the Global Textile Expo in New Delhi in February, Singh said 4.6 crore people are employed in the textile sector in the country at present, which is substantially higher from the figure before 2014. "Going by the roadmap by 2030 the number of people sustaining from the sector will reach the six crore mark in 2030," he said. Underscoring that the Narendra Modi government has made innovation as the bottomline for the goal of 'Atma Nirbhar Bharat', he said "Before 2014 there was no start up whereas now 1.5 lakh people are associated with start-up ventures." Singh said a new concept of technical textile has added a new dimension and it has greatly benefited the medical sector churning out products like sanitary napkins and masks. Singh said by 2030 AD, 13 million tonnes

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.

Don't buy textile stocks on Bangladesh crisis, wait for dips: Analysts

Bangladesh crisis news, textile shares: This will provide a sentimental boost for related stocks, though the rally should not be chased on this trigger alone, analysts said