Indian Textile Stocks Rally on UK Trade Expansion Hopes

Indian textile and apparel stocks surged, with Gokaldas Exports and Indo Count Industries rising up to 17%, following reports that India-UK trade could potentially double by 2030 under a free trade pact. The broader textile index gained 4%, driven by expectations of tariff reductions, improved export competitiveness, and steady Western demand. Analysts said easing logistics costs and favorable trade policies could further strengthen India’s position in global apparel manufacturing and boost investor sentiment.