Indian textiles turn corner as US tariff drops to 10% from 50% peak; demand recovery underway
Dolat Capital flags worst is behind for Indian textile sector. US reciprocal tariffs normalized to 10% versus 50% peak, FTAs with UK, EU and Australia improve sourcing competitiveness, and yarn demand is rebounding. PLI scheme cleared 96 firms with Rs 12,823 crore outlay, supporting capex visibility into Q1FY27.
Dolat Capital says Indian textile sector is recovering as US tariffs normalize to 10% from 50% peak, FTAs with UK/EU/Australia improve sourcing position, and yarn demand rebounds. PLI scheme cleared 96 firms with Rs 12,823 crore outlay.