Textile stocks in news

One person’s loss is another’s gain. Bangladesh’s loss, triggered by the new U.S. tariffs, could translate into strategic gains for India’s textile sector—potentially capturing diverted demand and enhancing its export share.

As the U.S. imposes a 25% tariff on Bangladeshi textile exports, what poses a challenge for Dhaka could open a window of opportunity for India. With comparable capabilities and strong global ties, Indian textile exporters may be well-positioned to step in and fill the supply gap.

The U.S. is Bangladesh’s largest export market for garments; any tariff disruption could lead retailers to diversify sourcing to India, Vietnam, or Indonesia. Also the Indian government’s PLI (Production Linked Incentive) schemes for textiles, along with recent cotton price stabilization, are also adding to investor optimism.

And this is precisely the reason why textile stocks are up in the green today. India textile exporters, especially companies with strong U.S. linkages or capacity to scale up, are seen as potential beneficiaries, hence the surge in stock prices.

Apart from the usual suspects like Alok Industries and Raymond, many other textile and apparel stocks that are trading higher include:

• KPR Mill – vertically integrated, strong U.S. export base.
• Gokaldas Exports – major vendor to global brands, including U.S. clients.
• Arvind Ltd – diversified textile player with exposure to North America.
• Welspun India – large exporter of home textiles to the U.S.
• Page Industries – less export-dependent, but sentiment around Indian textiles is broadly positive.
• Vardhman Textiles and Trident – also gaining due to export capabilities.