The Economic Times

Indias textile sector at an inflection point as global tariff barriers ease; Arvind Fashion, Raymond Lifestyle top buys

The immediate reduction in US tariffs on Indian textile goods from 50% to 18% has brought long-awaited relief to an industry that had been grappling with margin compression, regulatory costs, and weakening demandparticularly in home textiles, where the market had declined by around 4% and smaller players were nearing shutdown.