Textile stocks rallied sharply on Wednesday after brokerages expressed renewed optimism about the sector’s prospects, citing improving global demand, favourable trade agreements and India’s strengthening position in global apparel exports.
Shares of Pearl Global Industries rose nearly 10% during trading, while Indo Count Industries and KPR Mill gained around 8% each. Welspun Living advanced 5%, Gokaldas Exports climbed 4% and Arvind added about 3%.
The gains follow growing confidence among analysts that India’s textile and apparel exporters are entering a new growth cycle after navigating several years of weak global demand, supply-chain disruptions and elevated inflationary pressures.
Domestic brokerage Motilal Oswal highlighted the recently concluded India-UK Free Trade Agreement and the proposed trade pact with the European Union as potential catalysts for export growth. The brokerage believes these agreements could significantly enhance the competitiveness of Indian textile and apparel exporters by reducing tariff barriers and improving market access in key overseas markets.
Motilal Oswal projected that India’s textile and apparel exports could increase from approximately US $194 billion to US $350 billion over the medium term as exporters benefit from favourable trade arrangements and gain market share globally.
Bharat Tex Special Report 2026 
