Textiles

Flipkart expands circular push into fashion with denim take-back plan

'Swap on Jeans' rollout targets textile waste and expands to over 260 pin codes as Flipkart integrates recycling into the purchase journey through its recommerce platform

India's textile exports grow 2.1% to ₹3.16 trn in FY26 despite US tariffs

India's textile exports, including those of handicrafts, increased by 2.1 per cent to Rs 3.16 lakh crore in the financial year ended March 2026 from Rs 3.09 lakh crore a year ago, the textile ministry said on Wednesday. The growth comes despite the sector facing steep tariffs imposed by the US, its largest export destination, for most of the financial year. The reciprocal tariff regime began with 10 per cent on April 2, 2025 and was rapidly escalated. Rates for India rose to 25 per cent by August 7, 2025 and to 50 per cent by August 28, remaining at that level until early February 2026. Following the US Supreme Court's decision against the sweeping tariffs imposed by President Donald Trump on a number of countries, the Trump administration imposed a 10 per cent tariff on all countries from February 24 for 150 days. This performance reflects steady global demand for Indian textile products and the continued competitiveness of the sector across major product categories, the textile .

Gokaldas, Arvind, Trident dip up to 6%; why textile stocks under pressure?

The government has halved benefits under the RoDTEP scheme for exporters in textiles, and gems & jewellery, restricting incentives to 50% of notified rates and value caps with immediate effect.

Pashmina's resurgence: How heritage craft meets conscious luxury demand

From ceremonial gifting to informed ownership, pashmina shawls are being rediscovered as a conscious luxury choice rooted in heritage, sustainability and emotional value

A season for textiles, from Union Budget to biggest India Art Fair so far

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

Creating employment: India-EU FTA can increase labour-intensive exports

The India-EU FTA offers major export and job gains for labour-intensive MSME sectors, but success will hinge on meeting EU standards and easing logistics bottlenecks

Whizzo raises $15 mn in Series A round to scale technical textiles platform

Fundamentum-led Series A backs materials-science research, in-house IP and expansion of an Asia-wide manufacturing network

Deadline for textile PLI scheme applications extended to March 31

The government has further extended the deadline for submission of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles till March 31. The extension follows the significant response received since the application portal was reopened in August 2025, with proposals being submitted by textile companies across priority areas, including man-made fibre (MMF) apparel, MMF fabrics, and technical textiles, the textile ministry stated. In October, the government had extended the last date for filing fresh applications under the PLI scheme for the textiles sector till December 31, which has now been further extended till March this year. "The decision underscores the growing investor confidence in India's textile sector and aims to facilitate wider participation by offering additional time to eligible applicants," the ministry said. PLI Scheme for Textiles was notified on September 24, 2021 with an objective to promote production of MMF apparel & fabrics and ...

India's textiles horse finally has both legs free to chase global gains

After years of policy hurdles, the sector finally has a clear path to scale and compete

Arvind Ltd Q2 net profit rises 70% to ₹106.7 crore, revenue at ₹2,371 crore

Arvind Ltd noted strong growth in the fabric segment during the quarter despite the impact of US tariffs. Revenue was up 8.4 per cent to ₹2,371 crore, driven by textile growth

Mukul Agrawal owned stock up 10%; ICICI Sec sees 33% upside; details here

Shares of Indo Count Industries rallied 10% to ₹307.79 on the NSE in Tuesday's intra-day trade after ICICI Securities recommended a BUY rating on the stock with a price target of ₹370 per share.

Shopping from Zara, H&M to get costlier: Impact of GST 2.0 on textiles

From Sept 22, clothes and accessories priced above ₹2,500 will face 18% GST, up from 12%, making mid-range brands costlier while GST on lower-priced textiles remain at 5%

US tariff impact: India Ratings downgrades textiles, diamonds outlook

India Ratings downgraded its outlook for textiles and cut and polished diamonds to deteriorating, warning of tariff risks, weaker cash flows and SME stress in H2 FY26

Looms of luxury: Textiles to celebrate with this festival season

From jacquard cashmere to artisanal alpaca blends, textiles as heirlooms or work of art are all the rage this celebration season

Artisans, weavers bodies urge Centre to scrap GST on textiles, handicrafts

Artisans and weavers seek zero GST on handlooms and handicrafts citing sectoral distress, while the fertiliser industry urges GST rate cut on inputs and refund of blocked tax credits

UP scouts new markets as US tariffs hit textiles, jewellery and leather

Uttar Pradesh looks to Latin America, Europe, Africa and South-East Asia for exports as US tariffs squeeze textiles, jewellery and leather, with a new policy aiming Rs 5 trillion exports by 2030

India's trade dilemma: Shield farmers, textiles or risk US cotton tariffs

Losing access to the US consumer may hurt India's farm economy more than slashing its 39 per cent average tariff on imported produce

Datanomics: How India-UK CETA can boost trade from textiles to whiskeys

The CETA will allow duty-free access to 95 per cent of India's agriculture exports to the UK, which accounts for a bit over five per cent of the goods exported to the UK

India-UK FTA to open new opportunities for textiles, boost footwear exports

The India-UK free trade agreement is expected to significantly boost India's textile and footwear exports, unlocking Rs 7,000 crore in additional business and accelerating growth in the sector

806 applications approved so far under PLI schemes across 14 sectors

The government on Tuesday said as many as 806 applications have been approved under the Production Linked Incentive (PLI) schemes across 14 sectors as on date. The schemes for 14 key sectors including telecom, electronics, pharma, textiles and auto were announced with an outlay of Rs 1.97 lakh crore to enhance India's manufacturing capabilities and exports. It was announced in 2021. "As on date, 806 applications have been approved under PLI schemes across 14 sectors," Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha. He said that actual investment of Rs 1.76 lakh crore has been realised till March 2025 across 14 sectors, which has resulted in incremental production/sales of over Rs 16.5 lakh crore and employment generation of over 12 lakh (direct and indirect jobs). The pharmaceuticals sector has witnessed cumulative sales of Rs 2.66 lakh crore, which includes exports of Rs 1.70 lakh crore achieved in the first three years of the ..