Industry

CITI Warns Proposed US Tariffs Could Severely Impact Indian Textile Exports

Textile Insights June 5, 2026

The proposed imposition of fresh US tariffs on goods from nearly 60 countries, including India, over allegations of forced labour has emerged as a major concern for India’s textile and apparel industry. Terming the move a “serious threat” to the sector, Ashwin Chandran,

Special Report

Textile Industry Remains Resilient Amidst Turbulent Market Conditions

Textile Insights January 9, 2026

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 situation. While the industry players are currently treading […]

Cotton

India’s Cotton Imports Surge As Poor Harvest And Tariff Woes Hit Textile Sector

Textile Insights November 13, 2025

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. […]

Cotton

Cotton Import Duty Waiver: Relief For Textile Industry, But Detrimental For Farmers

Textile Insights September 9, 2025

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 […]

Corporates

VTM Ltd Unveils Strategy To Counter New U.S. Tariffs

Textile Insights September 8, 2025

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 […]

Financial Results

Himatsingka Q1 Revenue Dips 10% To Rs 661 Cr

Textile Insights August 13, 2025

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. […]