Trump Tariffs Hit Indian Textile Stocks

  Published 8 months ago

Indian textile stocks fell 3–7% after U.S. tariffs; Gokaldas Exports and Welspun Living led the declines.

  • Gokaldas Exports dropped 7%, while Welspun Living lost ~5% on heavy U.S. exposure and tariff shock.
  • Vardhman, Indo Count, KPR Mill, and Trident declined between 2.5%–3.8% amid broader market weakness.
  • U.S. tariffs dent India’s "haven" image; apparel sector seen as most vulnerable due to already high duties.

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