“India’s textile giants are under pressure—here’s how New Delhi plans to ease the strain.”

, , 🧵 Indian Textile Stocks Most Affected Several listed companies derive a significant portion of their revenue from exports to the US, making them particularly vulnerable: - Gokaldas Exports – Over 60% of revenue from US apparel exports. - Indo Count Industries – Major supplier of home textiles to US retailers. - Pearl Global – Nearly half of its garment business depends on the US. - KPR Mill – Strong presence in cotton garments, with US exposure. - Arvind Ltd. – Diversified textile portfolio with key US clients. - Welspun Living – Prominent in home textiles, especially towels and bedsheets. These companies have seen stock price dips ranging from 3% to 9% following the tariff announcement. 🛠️ Relief Measures by Indian Government To cushion the blow and support exporters, the Indian government has initiated several steps: - Duty-Free Cotton Imports Extended: The exemption on cotton import duties has been extended till December 31, 2025, reducing input costs across the textile value chain. - Liquidity Support Under Evaluation: The Commerce Ministry is considering a relief package to address short-term liquidity crunches, similar to COVID-era schemes. This may include credit support and operational cost relief. - Market Diversification Strategy: India is launching outreach programs in 40 countries including the UK, Japan, Germany, and Australia to reduce dependence on the US and tap into a $590 billion global textile import market. - Revival of Export Incentives: Industry bodies have requested the relaunch of the Merchandise Exports from India Scheme (MEIS) or a similar WTO-compliant alternative to share tariff burdens between government and exporters. These measures aim to restore competitiveness, protect jobs, and ensure long-term resilience in India’s textile sector.