Textile Stocks Surge on India-US Trade Talk Hopes

New Delhi, September 16, 2025: The shares of leading textile companies are witnessing sharp rallies today, as the market nears its close. Indo Count Industries is up by 5.32% at ₹295.34, followed by KPR Mill at 3.54%, Trident Limited at 2.24%, Raymond Lifestyle at 2.14%, and Pearl Global at 1.72%.

Key Trigger: India-US Ongoing Discussions

India and the United States have begun high-level discussions today on the proposed Bilateral Trade Agreement (BTA). The main aim behind the discussions is to resolve the differences between the two countries resulting from the US President Donald Trump’s imposition of 50% tariffs on the imports of Indian goods.

However, officials have communicated that these discussions are not officially the 6th round of negotiations, but are a precursor, and will set the stage for the next official round of discussions. Both India and US have been holding virtual exchanges every week even after both the countries postponed the August 25–29 round.

However, investor sentiments for textile stocks became positive as the textile sector was one of the sectors that got hit the highest due to US tariffs. If the tensions are resolved and the tariffs are lowered, the textile sector will be one of the key beneficiaries. This is likely to push the share price of leading textile stocks higher, given other factors are in favour.

For now, it remains to be seen how the talks go and how the outcome affects the 6th round of discussion in the future.

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