Textile Sector
Mint Explainer | India vs Bangladesh: Who really wins in the US textile tariff reset?
Bangladesh has secured a conditional zero-duty window for garments under its US trade deal, but sourcing rules may limit its gains, potentially giving India a structural edge.
4 min read11 Feb 2026Budget FY27 unveils plans to scale up textiles as export and job engine
The textile sector is crucial as a major foreign exchange earner and employment generator for India. The country exported textile and apparel exports worth $36.60 billion in FY25, underscoring the sector’s importance as a foreign exchange earner and major employment generator.
4 min read1 Feb 2026Mukesh Ambani–backed Alok Industries rallies over 8% amid high volumes, hits 2-week high
Alok Industries' stock price jumped 8.5% to ₹17.21, attracting attention despite broader market losses. Trading volumes soared to 23.3 million shares, indicating strong interest. Reliance Industries held 40% of the company at the end of the September quarter.
2 min read8 Jan 2026Govt defers quality compliance deadline for handloom, raw sugar to May
The BIS has delayed the enforcement of new quality standards for handloom and raw sugar to May 2026, easing the burden for MSMEs. Apart from serving economic necessities, there could also be political gains from this move, experts say.
5 min read18 Nov 2025Trump's 50% tariff could shred India's textile exports, but India-US trade talks bring hope
The market has been bullish on these stocks, which were crushed by US tariff announcements, in anticipation of a positive outcome to the trade talks.
2 min read17 Sep 2025Stitched up by tariffs, Indian apparel sector finds partial relief in US-origin input exemption
Under the new tariff structure, duties are applied only to the portion of a product that does not use American inputs. If at least 20% of a product is made with US-origin content, that share is exempt from the additional duty, which is levied only on the balance 80%.
4 min read2 Sep 2025India bans imports of more jute products from Bangladesh via land routes
The products added in the list are bleached and unbleached woven fabrics of Jute or of other textile bast fibre; twine, cordage, rope of jute; and sacks and bags of jute.
1 min read11 Aug 2025Trump's tariff tantrum: A $10 billion risk for Indian textile exports is brewing
In 2024, India accounted for around 6% of the United States’ total apparel imports, translating to exports worth approximately $4.8 billion out of the US’s $80 billion import bill, contributing to 33% of India’s overall apparel exports, as per the recent available data.
4 min read8 Aug 2025An exhibition to celebrate ‘risha’ a breast cloth that tells stories of Tripura’s tribal women
The show in Bengaluru documents the journey of ‘risha’, a forgotten narrow, unstitched textile that helps understand the history of the region and its people
3 min read3 Jul 2025Textile sector needs urgent reforms to maintain global competitiveness: Niti Aayog
India's textile exports stood at $35.94 billion, in value terms, during FY24, reporting a 1.95% annual decline.
2 min read28 Mar 2025