India at inflection point to reclaim global textile share, says Emkay Research
Emkay Research argues India is positioned to break out of a 15-year stagnation at 3-4% of global apparel trade, citing policy reforms, new trade agreements, tariff advantages over rivals, and resilient domestic demand as catalysts for a structural rerating of the textile and apparel sector.
What happened
Emkay Research says India is at an inflection point to regain global textile and apparel market share, aided by policy reforms, trade agreements, tariff
Key facts
- 3-4%
- 15 years
Why this matters
Indian apparel manufacturers and vertically integrated mills become more strategic targets now, with PLI incentives and FTA optionality potentially inflating multiples within 12-18 months if export share begins moving.