Worst is behind, demand recovery underway for Indian textile sector as tariff woes ease: Report
Mumbai, June 11 -- The Indian textile sector is entering a phase of recovery and renewed optimism as the uncertainty surrounding US tariffs recedes and global demand begins to improve, according to a report by Dolat Capital.
The report, said that the "worst is behind" for the sector and highlighted improving industry fundamentals, better demand visibility and favourable policy developments.
"The sector, in our opinion, is now entering a phase of renewed optimism, supported by the resolution of US tariff-related uncertainties, improving demand visibility, and a series of strategic Free Trade Agreements (FTAs) that are strengthening India's position in global sourcing chains," the report said.
According to the report, a major turning poi...
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