India's Textile Stocks Soar as Major Trade Deals Unlock Export Bonanza
Indian textile companies are experiencing a remarkable surge in the stock market, heavily outperforming broader indices, as major trade agreements with the UK, EU, and the US are set to dramatically boost their export competitiveness. The India-UK Comprehensive Economic and Trade Agreement (CETA) kicks off on July 15, eliminating tariffs on nearly all Indian textile and apparel exports to the UK, while an interim India-US Trade Agreement, reducing tariffs from 50% to 18%, is expected by mid-July. This flurry of deals positions India's textile sector for unprecedented growth on the global stage.
















