Whalesbook
Sector mein kaise aayi nayi energy?
India ka textile sector ekdum se strong ho gaya hai, aur iske peeche do bade reasons hain: pehla, EU aur UK ke saath jo naye free trade agreements (FTAs) huye hain, aur doosra, aane wale Union Budget 2026 se umeed. Ye naye agreements exports ke liye game-changer sabit ho sakte hain, kyunki ab Indian companies ko un competitors se barabari ka mauka milega jinhe pehle tariffs ka fayda milta tha. Is optimism ke chalte, kai textile manufacturers investors ki nazron mein aa gaye hain.
Budget 2026 Ka Intezaar Aur Company Valuations
Investors ab Budget 2026 ka besabri se intezaar kar rahe hain, jo ki February 1, 2026 ko pesh hoga. Is wajah se bade textile companies ke valuations bhi tagde ho gaye hain. Jaise, Gokaldas Exports ka market cap lagbhag ₹4,029 crore hai aur iska P/E ratio 19.84x se 29.2x ke beech chal raha hai. Welspun Living, jo ki aur badi company hai, uska market cap lagbhag ₹11,887 crore hai aur P/E ratio 28.83x se 32.9x tak hai. Vardhman Textiles ka market cap kareeb ₹11,669 crore aur P/E 14.63x ke aas paas hai. Pearl Global Industries ka market cap ₹7,178 crore aur P/E 25.48x se 28.66x ke range mein hai. Aur Trident Ltd. ka market cap lagbhag ₹12,933 crore aur P/E 29.12x ke aas paas hai. Sabko lag raha hai ki Budget 2026 mein policy continuity aur naye incentives milenge jo ye FTAs se bane naye export chances ka fayda uthane mein madad karenge, jisse in stocks ka valuation aur badh sakta hai. History dekhein toh Budget 2022 ke baad textile stocks mein kaafi tezi aayi thi.
Budget 2025 Ne Diya Foundation
Sarkar ne Budget 2025 mein bhi textile sector par kaafi focus kiya tha. Usme ek 5-saal ka Cotton Mission shuru kiya gaya tha jisse cotton ki productivity badhe aur ekdum lambe cotton ko promote kiya ja sake. Saath hi, technical textiles ki domestic manufacturing ko bhi support mila tha. Manufacturing ka kharcha kam karne ke liye, shuttle-less looms par customs duty maaf kar di gayi thi. Aur knitted fabrics par basic customs duty ko badha kar 20% ya ₹115 per kg (jo bhi zyada ho) kar diya gaya tha, taaki Indian manufacturers saste imports se bach sakein. Ye sab measures sector ko current growth ke liye ready kar rahe the.
Competition Aur Future Ke Liye Kya Umeed Hai?
Welspun Living jaise home textiles ke leader ka muqabla Trident Ltd. aur Vardhman Textiles jaise established players se hai. Welspun Living ne FY24 mein achha revenue dikhaya, lekin Trident Ltd. bhi peeche nahi hai. Pearl Global Industries, jo ki apparel manufacturing aur export mein hai, usne bhi sales mein tagdi badhotri aur profit mein steady growth dikhaya hai. EU-India FTA se apparel aur textile exports mein 20-25% annual growth ka andaaza hai, jiska fayda Gokaldas Exports jaise companies ko mil sakta hai.
Sab log Budget 2026 mein aur zyada government support ki maang kar rahe hain. Unki demand hai ki apparel clusters ko khaas madad mile taki jobs bach sakein aur exports continue ho. PM MITRA parks ko jaldi develop karne aur ek world-level competitive system banane ki bhi baat ho rahi hai. Experts ka kehna hai ki skills par focus aur policy mein sthirta, kaam mein speed aur textile infrastructure ko support milna chahiye taaki companies confidently investment kar sakein. GST rates ko theek karne aur sustainable manufacturing practices ke liye financial incentives ki bhi maang hai. Budget 2025-26 mein Textile Ministry ka budget bhi badhaya gaya tha, aur ab log R&D, cotton support aur garment imports ko control karne par aur focus chahte hain. Log ye bhi chahte hain ki logon ke paas kharch karne ke liye zyada paisa ho taaki khareedari badhe aur chhote businesses ko kam byaj par loan mil sake.