Indian textile sector turns corner as US tariffs normalize to 10%, demand recovery takes hold

Dolat Capital says worst is over for Indian textiles after US tariffs eased from 50% to 10% in Feb 2026. FTAs with UK, EU and Australia, plus capacity consolidation across 96 firms posting Rs 12,823 crore revenue, position India as a credible sourcing alternative to Bangladesh.

— Source publishedThu, 11 Jun, 2026, 13:04 IST·First seen Thu, 11 Jun, 2026, 13:17 IST·Source ET Retail

What happened

Indian textiles sector · Dolat Capital reports Indian textile sector is recovering as US tariffs normalized to 10% from 50% in February 2026. Improved demand,

Key facts

  • 10%
  • 50%
  • 65-69%
  • Rs 12,823 crore
  • 96 firms

Why this matters

Scout bolt-on acquisitions among sub-scale players in the Rs 12,823 crore revenue pool to consolidate capacity before sourcing shifts from Bangladesh fully reprice valuations.