The domestic textile and apparel industry has so far shown a great deal of resilience and grit to sail through the ongoing challenging scenario following the imposition of steep tariffs by the US as also the overall sluggish demand conditions arising in the wake of difficult geopolitical
India’s cotton imports are expected to surge to an all-time high in the 2025/26 season as weak domestic output and trade incentives push textile mills toward cheaper overseas supplies. Industry officials estimate imports could climb nearly 10% from last year to reach 4.5 million bales, marking a new record for the world’s second-largest cotton producer. […]
India’s Central government has extended the waiver of the 11% import duty on cotton until December 31, 2025. The measure, initially valid between August 19 and September 30, is intended to stabilize yarn prices and provide relief to exporters grappling with the fallout of steep 50% US tariffs on Indian textiles. The decision has been […]
Home-textile maker VTM Ltd has announced a set of proactive measures to cushion the impact of newly imposed U.S. tariffs on Indian imports, while accelerating diversification into new markets and product categories. The company said it will honour all confirmed U.S. orders and work with key customers on pricing and assortment adjustments. To rebalance its […]
Himatsingka Seide Limited reported consolidated revenue of Rs 661.02 crore for Q1 FY26, down 10.4% year-on-year, impacted by global trade uncertainty and proposed additional 25% US tariffs. EBITDA stood at Rs 124.75 crore with an 18.9% margin, compared to Rs 148.90 crore and 20.2% a year ago. Net profit fell 47% to Rs 10.90 crore. […]
















