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The Latest Breaking News from Gokaldas Exports

Gap apparel supplier Gokaldas eyes doubling Europe exports share to cut US reliance

Gokaldas Exports, a prominent Indian apparel supplier, expects to increase its export share to Europe significantly. The company currently derives 15% of its exports from Europe, anticipating this to rise to around 25%-30% in three to five years. This change is expected due to a proposed trade agreement between India…

The Economic Times · 18h ago

Textile stocks rally up to 10%: Raymond, Gokaldas Exports & others rebound after Trump tariff-triggered selloff

Textile stocks rebounded on Tuesday, recovering most of the previous session’s losses after US President Donald Trump signed a Russia sanctions bill into law. Raymond led the gains with a 10% rally, while Pearl Global Industries, Gokaldas Exports, Arvind and Vardhman Textiles also advanced.

The Economic Times · Sep 22

Trump’s tariff tantrums return? Gokaldas Exports, other textile stocks drop up to 5% after Trump signs Russia sanctions bill

Shares of textile exporters fell after US President Donald Trump signed a law allowing tariffs of up to 100% on countries buying Russian oil and gas, raising concerns over potential fresh duties on Indian exports. Gokaldas Exports fell nearly 5%, while Indo Count Industries and Vardhman Textiles dropped over 3%…

The Economic Times · Sep 21

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Explained: Why textile stocks are delivering up to 14% returns for investors on Wednesday?

Textile stocks rallied sharply on Wednesday after brokerages turned bullish on the sector, citing improving global demand, favourable trade agreements and India’s rising competitiveness in apparel exports. Pearl Global surged nearly 10%, while Indo Count and KPR Mill gained around 8% each. Analysts believe Indian textile exporters are entering a…

The Economic Times · Jun 24

Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?

Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Global and Welspun Living. The brokerage expects improving global demand, trade agreements and supply-chain shifts to support India’s textile sector recovery and long-term export growth.

The Economic Times · Jun 24

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

India's textile sector is poised for significant growth, driven by a global shift in sourcing away from China and a cyclical recovery in demand. Experts highlight that geopolitical risks and rising costs are pushing brands to diversify, creating a multi-year opportunity for India. Proposed free trade agreements with the UK…

The Economic Times · Jun 24

Explained: Why Gokaldas Exports, KPR Mill and other textile stocks soared up to 8% on Monday

Textile stocks such as Gokaldas Exports, KPR Mill, Vardhman Textiles and Trident rallied up to 8% after the government exempted cotton imports from customs duty for five months, effective June 1. The move, valid until October 30, is expected to improve raw material availability and lower input costs for textile…

The Economic Times · Jun 1

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Govt approves 61 proposals of over Rs 19,000 crore under PLI scheme for textiles

NEW DELHI: The government on Thursday said it has approved 61 applications of companies, including Ginni Filaments, Kimberly Clark India Pvt ltd, and Arvind Ltd, with an investment potential of over Rs 19,000 crore under the production linked incentive (PLI) scheme for textiles.

The Times of India · Apr 14, 2022

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