Indian textile stocks gain on report India, US near deal to cut tariffs on Indian imports

KPR Mill

23/10/2025 05:01

** Indian textile firms gain between 2% and 9%

** India and US are nearing a trade agreement to reduce tariffs on Indian imports, India's Mint reports

** India's Ministry of Commerce and Industry and the White House did not immediately respond to Reuters' requests for comment

** Gokaldas Exports GOKL.NS leads gains among pack with 9.3% jump, trailed by Vardhman Textiles' VART.NS 7.8% climb

** Welspun Living WLSP.NS, KPR Mill  KPRM.NS and Indo Count's ICNT.NS up ~5% each

** Arvind ARVN.NS, Trident TRIE.NS up ~4%,

** YTD, GOKL leads losses among pack with 23.1% drop

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))