16 Sep 2025 | 3 Mins Read
Textile stocks surge on renewed hope for US-India trade talks
Flipitmoney
India's textile shares surged 6% as US negotiator Brendan Lynch arrived in New Delhi for talks. Commerce Minister Piyush Goyal believes the first trade deal tranche with the US will be signed by November, easing tariff tensions. Companies like KPR Mill, Welspun Living, and Indo Count Industries gained, as textiles was heavily hit by 50% US tariffs.