Sector Textiles, Apparels & Acc. - Latest news, views and updates

Textiles, gems & jewellery, leather, footwear and engineering goods are among the first consignments; the government targets bilateral trade of $100 billion by 2030.

Textiles, Apparels & Acc.

SECTOR | 10 Jun 2026

Govt approves 96 companies in Round-III of PLI Scheme for textiles

Business Standard

As many as 96 companies have been selected under the third round of the Production Linked Incentive (PLI) scheme for textiles with a total investment commitment of Rs 12,822.67 crore, the government said on Wednesday. The textile ministry said 22 new applicants have been cleared in the latest meet under the Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles. The 22 newly approved companies are expected to bring in a total investment of Rs 2,339.14 crore, generate a projected turnover of Rs 15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain. "A total of 96 companies have been selected under Round-3 of the scheme with a total committed investment of Rs 12,822.67 crore and a projected turnover of Rs 58,294.18 crore," an official statement said. The approved applicants span key focus segments of the PLI Scheme, including Man-Made Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles, thereby further...

Textile PLI Scheme: Govt approves 96 cos in Round-III; 12,822 cr investment committed

Business Line | 10 Jun 2026

Textiles, Apparels & Acc.

SECTOR | 08 Jun 2026

Emkay Global sees textile sector at an inflection point, initiates 'Buy' on 3 stks

Economic Times

India's textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage initiated coverage with Buy' ratings on Arvind, Nitin Spinners and Sanathan Textiles, citing FTAs, tariff advantages over China, a strong domestic market and growing opportunities in technical textiles.

Textiles, Apparels & Acc.

SECTOR | 01 Jun 2026

Explained: Why Gokaldas Exports, KPR Mill and other textile stocks soared up to 8% on Monday

Economic Times

Textile stocks such as Gokaldas Exports, KPR Mill, Vardhman Textiles and Trident rallied up to 8% after the government exempted cotton imports from customs duty for five months, effective June 1. The move, valid until October 30, is expected to improve raw material availability and lower input costs for textile and apparel manufacturers, particularly small and medium enterprises.

Textiles, Apparels & Acc.

SECTOR | 30 May 2026

Textile industry hails cotton duty waiver, expects export boost

Business Standard

Industry bodies said the temporary removal of cotton import duty will reduce input costs, improve competitiveness and support export growth across the textile value chain

Textiles, Apparels & Acc.

SECTOR | 13 May 2026

AEPC urges government to scrap 11% import duty on cotton imports

Business Standard

Apparel Export Promotion Council (AEPC) on Wednesday urged the government to remove the 11 per cent import duty on cotton as rising input costs are impacting the textiles industry. AEPC Chairman A Sakthivel met Commerce and Industry Minister Piyush Goyal, Agriculture Minister Shivraj Singh Chouhan, and Textiles Minister Giriraj Singh, along with a delegation from the apparel industry and submitted representations seeking the duty cut. They have sought "reduction of import duty on cotton from the existing 11 per cent to 0 per cent", the council said in a statement. During the discussions, the delegation highlighted challenges being faced by the apparel and textile industry due to high cotton prices and rising input costs, it said. The industry representatives emphasised that India has recently entered into several free trade agreements, creating significant opportunities for growth in textile and apparel exports. "However, competing apparel exporting nations are able to access cott

Textiles, Apparels & Acc.

SECTOR | 25 Apr 2026

Textiles, garment exports fall 2.2% in 2025-26: GTRI

Business Line

GTRI noted a decline in major segments: cotton textiles (-3.9%), ready-made garments (-1.4%), and carpets (-5.3%), while handicrafts saw a slight growth of 1.5%