One of India's most ancient businesses is textile production. With 45 million direct jobs and another 100 million in related industries, the textile and garment sector in India is the second biggest employer after agriculture.
The textile manufacturing sector in India has made an impact globally in garment manufacturing using cutting-edge technology in today's highly competitive market. The best textile companies in India have been attempting to expand their clientele of creative customers and develop a competitive line of products. Businesses work hard to maintain and improve product quality in the worldwide market.
Did you know? India is the fifth-largest exporter of textiles in the world, valued at USD 37.11 billion. It contributes 2.3 per cent to India’s Gross domestic product, 13% to industrial output, and 12% to export earnings.
Let's first learn about what a textile industry is before discussing the top 10 textile companies in India.
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What is the Textile Industry?
The basic concept of Textile is weaving or knitted fabric that are made from yarn. Apart from that fibre, yarn and any product made from such materials are also referred as Textile. It is associated with clothing production. The textile industry includes all sections such as research, design, development, manufacturing and distribution for textile, fabrics and clothing. Let us explore some of the best Textile Companies in India.
Top 10 Textile Companies in India.
Arvind Limited is undoubtedly one of the top textile companies in India. The entire fabric created by Arvind is so large that it can be wrapped around the planet six times, according to a quick calculation. Every second, two items of apparel from the Arvind brand are sold in India. The company has its headquarters in Gujarat's Ahmedabad.
This corporation employs 42,000 people across a variety of industries, including property investment, farming, materials science, retail, clothes, and ecological and social solutions. The Advanced Materials Division, which focuses on technological textiles, was introduced by the company in 2011. It is India's largest denim manufacturer.
Through its statewide retail network, the company sells its own brands, including Flying Machine, Newport, and Excalibur, as well as licensed foreign names, including Tommy Hilfiger.
The second-largest textile business in India, Vardhman Textiles has dominated the industry for more than 50 years. It is currently one of the top textile companies in India. This textile company began its operations in 1965. Under the creative direction of its Chairman, Mr SP Oswal, this firm has grown into a contemporary textile industry over the years.
It represents strong industrial history and sustainable commercial growth today. The manufacturing of yarn, fabric, acrylic fibre, garments, sewing thread, and alloy steel is the speciality of the Vardhman Group. For many years, the organisation has conducted commercial development activities in 75 nations, including India.
In addition to significant investments in the textile and garment industry, Raymond is a diverse corporation with operations in a number of domestic and international areas, including FMCG, technology, and prophylactics. The best fabrics in the world are produced by this business as a Raymond Textile Vertically and Horizontally Integrated Manufacturer.
In more than 380 cities, it operates more than 1100 exclusive stores. Raymond and its products are accessible in stores in Tire Four and Tire Five Cities thanks to the 20,000 point-of-sales that make up Raymond's broad network in India. This major corporation has performed admirably in the denim industry. The greatest jeans wear brands in the world source their high-quality ring denim from Raymond.
More than 55 countries, such as the United States, Canada, Europe, Japan, and the Middle East, are among those it exports to. One of the greatest selections of designs and colours offered by a single company, it provides over 20,000 suiting fabric styles and colours. It was ranked as India's most trustworthy fashion brand in 2015 by the Brand Trust Report.
In 1990, Trident Group founded their company. Trident's founder and chairman Rajinder Gupta's imaginative leadership has helped the company grow to become the biggest producer of home textiles worldwide. This company produces a variety of yarns, linen, paper products, chemicals, and captive energy. A significant portion of the textile market is held by Trident Company, one of the biggest exporters of textiles. This textile giant employs a whooping 13,816 individuals currently.
Bombay Dyeing, which was established in 1879, is the Nusli Wadia Group's main business. Nowrosjee Wadia founded it, starting out with modest operations using cotton yarn that had been dyed in three colours and afterwards dried under the sun. It runs a nationwide distribution network with more than 600 exclusive sites. It is effective in the chemical and textile industries. It is one of the major textile exporters in India.
The company manufactures a range of cotton and polyester suits, duck textiles, shoe linings, satin furniture, yarn-coloured fabrics, towels, worktops, and napkins, among other things. The main line of business for Bombay Dyeing is the production of textiles, and it has five facilities that are up to international standards. Every day, it manufactures 300,000 metres of textile!
Grasim Industries Ltd. is the top producer of viscose rayon fibre around the globe. The organisation is headquartered in Mumbai, Maharashtra, and was established in 1947. It provides fabric to clothing manufacturers in the United States and the United Kingdom. Since then, Grasim has broadened its business operations to include a number of sectors, notably viscose staple fibre (VSF), concrete, sponge iron, chemicals, and financial services like asset management and life insurance.
Grasim is the largest manufacturer of viscose rayon fibre in the world, with a market share of over 24%. 15% of the group's income comes from textiles and related products.
Karnataka Silk Industries Corporation Ltd
Mysore is renowned for having a vibrant cultural history. It makes silk of exceptional quality. KSIC was specifically established to promote the silk industry and its cultural heritage. It has been making high-quality silk for a long time and selling it all over India. It is renowned throughout India for producing high-quality silk. Silk Dhoti, Men's Tie, Salwar Kameez, Silk Sarees, Kurta, and other items are among its product offerings.
JCT Limited, the parent firm of Thapar Group, is a well-known manufacturer of filament yarn and textiles. JCT Limited is a market-driven company that operates in two distinct industries: cotton, synthetic & blended textiles, and nylon filament yarn. It is fueled by a strong work ethic, principles, and excellent quality. The company has developed a name as being among the best in the nation as a result of this culture.
JCT Limited was the initial textile company in the nation to create organic cotton fabrics, and in 1996, its textile division became the first in its industry to receive an ISO 9001 certification. In the five decades since it began producing textiles in 1946, JCT Limited's textile division has expanded into one of the best textile companies in India.
Speedo International Limited has granted Page Industries the sole right to produce, distribute, and promote the Speedo brand in India. The business's leading brand, JOCKEY, is the industry leader in the innerwear sector. They have a significant impact on the development of inner-wear. The most well-known swimwear company in the nation is Speedo. This company operates 384 unique brand stores across India, including 286 High Street stores and 98 stores in numerous malls. In the UAE and Sri Lanka, it has launched four Jockey Exclusive brand stores.
The country is developing quickly, and this transformation is unquestionably one of the most essential ones. As the name implies, Fabindia has done fantastic in their attempt. Without you having to leave your house, they have indeed been able to provide the textiles you would require from every part of the country. Customers and weavers alike have been greatly impacted by this online textile enterprise.
The income for Fabindia in 2008 was $65 million, a 30% increase over 2007. Through 17 community-owned businesses, where a set proportion of the shares are held by craftsmen and craftspeople, Fabindia obtains its goods from India.
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These were the top 10 textile companies in India, although there are many more, including Welspun India, Page Industries, and other major firms. Due to the dominance of the decentralised electric looms/hosiery and knitting sector in the textile mills, investing in the sector can be a wise choice. These textile companies in India have the ability to produce a wide range of goods suitable for a range of domestic and international market niches.
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