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Textile crisis looms for India as West Asia war lifts costs to dangerous levels
Economy
Published on 24 April 2026
Rising oil and raw prices could hit growth fast
India’s textile industry is bracing for a potential April shock as the ongoing West Asia conflict pushes up oil and raw-material costs. With margins under pressure and supply chains affected by price volatility, the sector’s ambitious growth targets are at risk, industry leaders warn.
- West Asia conflict is inflating oil and raw material costs
- Industry fears margins and competitiveness will take a hit
- April is flagged as a critical month for impact
- Growth targets now look harder to achieve
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times