India's textile industry poised for long-term growth as global sourcing shift gathers pace: Siddhartha Khemka

Indian textile industry is positioned for long-term growth driven by a structural shift in global sourcing away from China, according to Siddhartha Khemka. The sector combines a cyclical recovery from inventory normalization in the US and Europe with a multi-year structural opportunity, as India currently accounts for only about 4 to 5 percent of global apparel exports despite being one of the largest cotton producers. Proposed FTAs with the UK and EU could narrow India's tariff disadvantage versus Bangladesh and Vietnam by 8 to 12 percent, accelerating market share gains, and Gokaldas Exports is highlighted as best positioned to benefit due to its customer relationships, available capacity, and operating leverage.