Indian suppliers of T-shirts, bed linen and towels to global retailers such as Walmart Inc. are among this year’s biggest stock-market winners, with some investors betting the rally has further to run.
A Bloomberg-compiled equal-weight gauge of eight textile exporters has climbed more than 30% this year, compared with an 8% decline in benchmark NSE Nifty 50 Index, with the nation’s new trade deals and a friendlier tariff regime bolstering the industry’s competitiveness.
