Textile stocks rally 3-6% as Centre waives cotton import duty for June-Oct 2026 window
Vardhman Textiles, Gokaldas Exports, KPR Mill, Trident, Pearl Global, Raymond Lifestyle and Welspun Living jumped after the finance ministry exempted customs duty on cotton imports from June 1 to October 30, 2026, easing input costs for domestic mills and apparel exporters, especially SMEs.
Indian textile and apparel stocks rallied 3-6% after the finance ministry exempted customs duties on cotton imports for five months from June to October 2026, lowering input costs for domestic textile and apparel manufacturers, especially SMEs.