India's textile earnings snap back to life: Q1 EBITDA up 34%, FY27 in sight
India's export-led textile sector broke out of a flat FY26 (where EBITDA and revenue grew just 2%) with a Q1 punch: 21 tracked companies lifted EBITDA 34% and revenue 18%. Vardhman, Welspun and Arvind led the way with EBITDA up 36-45%, while apparels grew over 20% and home textiles win share as buyers diversify beyond Bangladesh and Vietnam. Motilal Oswal projects 27% EBITDA CAGR through FY28, underpinned by UK/EU free-trade deals and a revamped ₹10,700-crore PLI scheme.