Indian Textile Stocks Rally on US Tariff Move Against Bangladesh

In a significant market development, Indian textile stocks jumped up to 8% on July 8 after the United States imposed a hefty 35% tariff on ready-made garment imports from Bangladesh.

This move by the US has immediately boosted investor sentiment towards domestic textile companies, as India’s textile exports are now seen as more competitive in global markets, especially in the US.

Gains Across Major Textile Players

The impact of this policy shift was clearly visible in early trade:

• Gokaldas Exports surged 7.8%, trading at ₹970

• Vardhman Textiles jumped 7.4% to ₹535.75

• KPR Mill rose 2% to ₹1,181.3

• Welspun Living gained 2% at ₹145.65

• Other counters like Alok Industries and Raymond also recorded strong upward movement

Investors reacted swiftly, betting that Indian textile exporters would now gain market share in the US, especially as pricing dynamics shift in their favour.

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India’s Competitive Edge Strengthens

Currently, Vietnam dominates the US ready-made garment market with a 19% share, followed by Bangladesh at 9%, and India at 6%.

With Bangladesh now facing a steep 35% tariff, Indian manufacturers could find a stronger foothold in the US apparel market. This change improves the price competitiveness of Indian textiles, making them more attractive to global buyers.

Why This Matters

This is a game-changing opportunity for the Indian textile sector, which has been eyeing global expansion and export growth.
The US tariff on Bangladesh is not just a geopolitical move — it’s an economic trigger that could significantly boost India’s textile exports in the near term.

Market experts believe this could lead to a shift in sourcing patterns, with international buyers turning more toward India for garment imports.

As global trade dynamics shift, Indian textile companies are well-positioned to benefit from the new tariff regime.
With stock prices already reflecting investor optimism, the coming weeks could bring more clarity on how Indian exporters capitalize on this unexpected opportunity.

Check this:

• Gokaldas Exports Share Price
• Vardhman Textiles Share Price
• KPR Mill Share Price