The history of India’s textile industry goes back to many centuries. From ancient times, Indian textiles have found pride of place worldwide. Indian textiles have been acclaimed for their fine quality & varied designs.
Over the years, the industry has undergone countless transformations. The industry is characterized by many variations. At one end, are the hand-woven & hand-spun textile makers that are spread all over the country. On the other hand, there are the huge mills, characterized by the use of the latest technology & sophisticated production & marketing.
Some Facts & Figures
- In Financial Year 2019, nearly 2% of India’s GDP & 7% of India’s industrial output came from the textile industry only.
- 45+ million people are employed by the textile industry in India.
- Almost 15% of India’s export earnings in FY 2019 came from this industry.
- In FY 2019, the valuation of India’s domestic textiles market was close to $15 billion.
- Production of certain key items needed for textile manufacturing, in 2019 in India:
- Raw cotton – more than 30 million bales
- Fiber – more than 1.4 million tonnes
- Yarn – more than 4.7 million kgs
- FDI witnessed in the Indian textile industry between April & June 2020 – $3.45 billion. The Government of India has also permitted 100% FDI in the sector through the automated route.
A strong demand in the domestic market, coupled with the demand from overseas, is set to provide a fillip to India’s textile industry. The industry is characterized by the presence of a huge number of players – from giants to small neighborhood entities.
Here is the list top 20 Textile Companies in India:
Page Industries
Page Industries Limited is among the biggest textile company in India that holds exclusive rights for the manufacture, distribution & marketing of the world-renowned JOCKEY brand in India. JOCKEY belongs to JOCKEY International Inc., USA. Besides India, Page International also covers countries like Qatar, Oman, UAE, Nepal, Bangladesh, and Sri Lanka. The company is also the exclusive licensee of Speedo International Ltd. In India. Page International employs more than 20,000 people and operates through 15 highly-developed manufacturing plants. The products are made available in over 1,800 cities and towns through a vast network of over 50,000 retailers.
- Market Cap (Rs Crore): 30,705
- Book Value (Rs): 803.10
- Face Value (RS): 10.00
- Turnover (Rs. In Lakhs): N/A
Profit and Loss (in Rs. Crore)
- MAR 2020: 343.22
- MAR 2019: 393.94
- MAR 2018: 346.98
- MAR 2017: 266.28
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -40
- September Net Profit: 111
Alok Industries
Alok Industries is among the nation’s premier textile companies. Its forte lies in cotton & polyester segments. The company had a modest beginning in the late 1980s. Today, it’s a fully integrated manufacturer, equipped with top-class technology and a team of highly qualified technicians. The company has also done a backward integration into yarn manufacturing & cotton spinning. Its product range includes accessories, embroidery, home textiles, polyester, and much more.
- Market Cap (Rs Crore): 10,551
- Book Value (Rs): -34.5
- Face Value (RS): 1.00
- Turnover (Rs. In Lakhs): N/A
Profit and Loss (in Rs. Crore)
- MAR 2020: 1,310
- MAR 2019: 2,076
- MAR 2018: -18,580
- MAR 2017: -3,083
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -9,937
- September Net Profit: 4,799
Welspun India
The story of Welspun goes back to 1985 when it started as a small texturizing unit in Maharashtra. Today, the company has grown into a giant, with an international presence in over 50 countries and employing over 26,000 people. It has a 2,500-acre facility in Kutch, Gujarat that contains the continent’s biggest home textile factory. Guided by continuous innovation and aided by world-class technology, the company holds a leadership position in the USA, UK, and India in the domain of bed, bath, and flooring textiles. It is also India’s top home textile exporter.
- Market Cap (Rs Crore): 6,862
- Book Value (Rs): 29.98
- Face Value (RS): 1.00
- Turnover (Rs. In Lakhs): N/A
Profit and Loss (in Rs. Crore)
- MAR 2020: 474.89
- MAR 2019: 141.77
- MAR 2018: 304.11
- MAR 2017: 306.55
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 49
- September Net Profit: 180
KPR Mill
The public limited & listed in NSE, the KPR Mill is among the largest textile companies of India. It is in operation for more than 40 years and is into yarns, garments, and fabric, besides white crystal sugar. Making use of the latest technology & guided by experts in the trade, KPR Mills produces items like ready made knitted clothes, fabrics, polyester, and combed yarn, to name a few.
- Market Cap (Rs Crore): 6,003
- Book Value (Rs): 239.81
- Face Value (RS): 5.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 294.61
- MAR 2019: 289.11
- MAR 2018: 224.97
- MAR 2017: 238.42
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 60
- September Net Profit: 113
Trident Group
Set up in 1990, the Trident Group is a leading business house with global interests. Driven by values like ethics, customer satisfaction, and constant innovation, the group continues to scale new heights of success. It manufactures a variety of fibers and yarns of multiple colors. It is a leading player in the area of home textiles in India & abroad.
- Market Cap (Rs Crore): 4,943
- Book Value (Rs): 17
- Face Value (RS): 1.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 342
- MAR 2019: 371
- MAR 2018: 266
- MAR 2017: 337
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 10
- September Net Profit: 100
Garware Technic
Garware Technical Fibres Ltd is a key player in the area of textile industries in India. Ever since its inception in 1976, it has built a reputation for itself as a notable supplier of world-class technical textiles, aided by cutting-edge technology. The main products of the company are fishing nets, safety nets, sports nets, polymer ropes, coated fabrics, etc. They have presence in 70+ countries and is the proud recipient of ISO 14001:2015 & ISO 9001:2015 certifications.
- Market Cap (Rs Crore): 4,564
- Book Value (Rs): 381.85
- Face Value (RS): 10.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 178.00
- MAR 2019: 125.61
- MAR 2018: 105.12
- MAR 2017: 84.30
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 18
- September Net Profit: 44
Lux Industries
Set up in 1957 as Biswanath Hosiery Mills, Lux Industries is among the oldest hosiery companies in India. It achieved meteoric growth in the next couple of decades to become a trusted name across India. It also set up offices in the Middle East, Africa, and Europe. The company has a massive network of more than 500,000 dealers pan-India and has had top celebrities endorsing its brands.
- Market Cap (Rs Crore): 4,212
- Book Value (Rs): 227.81
- Face Value (RS): 2.00
- Turnover (Rs. In Lakhs): N/A
Profit and Loss (in Rs. Crore)
- MAR 2020: 126.01
- MAR 2019: 101.31
- MAR 2018: 77.88
- MAR 2017: 59.65
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 31
- September Net Profit: 52
Swan Energy
Swan Energy was originally established in 1909 as Swan Mills Limited. It used to produce polyester & cotton textiles. After more than a century of existence, the company has diversified into real estate and energy as well. The textile manufacturing facilities are ISO 9001:2008 certified, capable to process 100,000 meters per day. The imported machinery is world-class, leaving no room for customer complaints.
- Market Cap (Rs Crore): 3,318
- Book Value (Rs): 36.9
- Face Value (RS): 1.00
- Turnover (Rs. In Lakhs): N/A
Profit and Loss (in Rs. Crore)
- MAR 2020: -19
- MAR 2019: -6
- MAR 2018: -5
- MAR 2017: 55
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -1.71
- September Net Profit: -8.94
Indo Count Industries
Over the last 25 years, Indo Count Industries has built a global presence in over 45 countries as a premium provider of sleep solutions. It is a reputed name when it comes to manufacturing premium quality bed sheets, fashion & utility beddings, and institutional & other beddings. Some of its key brands are Heirlooms of India, The Pure Collection, Purity Home, Linen Closet, etc. Agile management along with the latest technology ensures the best customer experience.
- Market Cap (Rs Crore): 2,855
- Book Value (Rs): 56.8
- Face Value (RS): 2.00
- Turnover (Rs. In Lakhs): N/A
Profit and Loss (in Rs. Crore)
- MAR 2020: 74
- MAR 2019: 60
- MAR 2018: 126
- MAR 2017: 232
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 18
- September Net Profit: 82
Rupa and Company
Since its inception in 1985, Rupa is among the major players in the Indian textile market, operating mostly in the hosiery segment. Its innerwear, thermal wear, and sleepwear for men, women, and children are adorned in many countries for their comfort and affordability. Frontline remains their most popular brand. Continuous technological & product innovations have made it the dominant Indian knitwear brand.
- Market Cap (Rs Crore): 2,398
- Book Value (Rs): 84.59
- Face Value (RS): 1.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 80.07
- MAR 2019: 93.37
- MAR 2018: 94.61
- MAR 2017: 77.15
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 29
- September Net Profit: 62
Raymond
Incorporated in 1925, the Raymond Group is among the most respected and premium-level Indian textiles majors. Along with being a leading player in textiles & apparel, the group also has a substantial presence in FMCG, engineering, and prophylactics – both in India & abroad. Raymond has more than 1,100 exclusive stores and is also available via more than 20,000 retail outlets across India. Some of its major brands are Park Avenue, Color Plus, Raymond, and more.
- Market Cap (Rs Crore): 2,246
- Book Value (Rs): 233.65
- Face Value (RS): 10.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 94.32
- MAR 2019: 73.82
- MAR 2018: 98.07
- MAR 2017: 33.83
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -242
- September Net Profit: -133
Future Lifestyle
The flagship entity of the Future Group, Future Lifestyle is a major name in India’s fashion textile sector. Available through a network of 300+ stores across 90 cities via both exclusive & multi-brand outlets, Future Lifestyle plays a role in both designing & distributing its products. It is present in finest quality of formal menswear, denim wear, casual wear, sportswear, etc. Lee Cooper, BARE, Indigo Nation, etc. are some of its primary brands.
- Market Cap (Rs Crore): 1,709
- Book Value (Rs): 51.03
- Face Value (RS): 2.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: -73
- MAR 2019: 145
- MAR 2018: 111
- MAR 2017: 156
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -329
- September Net Profit: -250
Bombay Dyeing
Established in 1879 as a single-store organization, Bombay Dyeing is among the most trusted & renowned textile companies today, in many parts of the world besides India. The products carry the signature Bombay Dyeing stamp of quality, perfection, durability, and style. They are available across almost 2500 outlets across the country.
- Market Cap (Rs Crore): 1,546
- Book Value (Rs): 7.64
- Face Value (RS): 2.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 328
- MAR 2019: 1,242
- MAR 2018: 35
- MAR 2017: -127
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -129
- September Net Profit: -91
Himatsingka Seide
For over 30 years, HimatsingkaSeide has painstakingly built itself as an integrated textile major in India, with a strong presence in more than 30 countries. Equipped with state of the art manufacturing technologies that are among the best in the world, Himatsingka operates in the areas of bedding and bath products, upholstery, drapery, and cotton yarn. The major brands that it represents are Tommy Hilfiger, Calvin Klein, Royal Velvet, Bellora, etc.
- Market Cap (Rs Crore): 1,378
- Book Value (Rs): 126
- Face Value (RS): 5.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 13
- MAR 2019: 197
- MAR 2018: 202
- MAR 2017: 182
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -139.79
- September Net Profit: 3.81
Dollar Industries
With a history of more than 2 decades, Dollar Industries is a leading Indian hosiery brand today. It controls a 15% market share and is also heavily into exports, reaching out to the Middle East, Nepal, Nigeria, etc. With a fully integrated production unit, the company manufactures a range of hosiery & thermal wear for men, women, and children.
- Market Cap (Rs Crore): 1,367
- Book Value (Rs): 87.28
- Face Value (RS): 2.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 59.45
- MAR 2019: 75.25
- MAR 2018: 64.02
- MAR 2017: 43.49
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 16
- September Net Profit: 22
MayurUniquoters
Since its inception in 1994, MayurUniquoters has come a long way to become a leading manufacturer of artificial leather. With the setting up of a new PU coating plant, the company can manufacture up to 6 lakhs linear meters per month. Its products include artificial leather, PU synthetic leather, and PVC Vinyl for the automobile sector, footwear, furnishing, and also various leather goods & garments.
- Market Cap (Rs Crore): 1,320
- Book Value (Rs): 131.92
- Face Value (RS): 5.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 80.64
- MAR 2019: 87.17
- MAR 2018: 94.10
- MAR 2017: 82.08
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 1
- September Net Profit: 14
Arvind Ltd.
The $1.7 billion Arvind Ltd. is a textiles powerhouse with a robust presence in India & abroad. Heavily into apparel & denim manufacturing, Arvind also has diversified interests in water management, engineering solutions, etc. Its expansive range of brands includes Arrow, Flying Machine, Gap, Cole Haan, Stride, and many more.
- Market Cap (Rs Crore): 1,181
- Book Value (Rs): 102
- Face Value (RS): 10.00
- Turnover (Rs. In Lakhs): N/A
Profit and Loss (in Rs. Crore)
- MAR 2020: 96
- MAR 2019: 226
- MAR 2018: 309
- MAR 2017: 315
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -95.31
- September Net Profit: 0.70
PDS Multinational
PDS Multinational Group takes care of the supply chain and provides distribution solutions for a wide range of global brands and retailers. Its global network spans 18 countries with 31 offices therein. The billion-dollar group employs 2,000+ people. The group provides highly customized product design solutions to retailers. Its products include a range of apparel, footwear, accessories, home fashion, and related products.
- Market Cap (Rs Crore): 1,172
- Book Value (Rs): 43.27
- Face Value (RS): 10.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 2.68
- MAR 2019: 1.09
- MAR 2018: 3.72
- MAR 2017: 0.54
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -5.03
- September Net Profit: -4.06
Jindal Worldwide
Over the last 3 decades, Jindal Worldwide has been creating top-notch fabric for the Indian & global markets. Persistent research & development and continuous up-gradation of manufacturing technologies have ensured that Jindal’s products are never a notch below the best. They manufacture popular products include denim, premium shirting, bedsheets, and bottom weights fabric.
- Market Cap (Rs Crore): 1,133
- Book Value (Rs): 18.8
- Face Value (RS): 1.00
- Turnover (Rs. In Lakhs): N/A
Profit and Loss (in Rs. Crore)
- MAR 2020: 28
- MAR 2019: 30
- MAR 2018: 59
- MAR 2017: 66
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -15
- September Net Profit: 18
Kewal Kiran Clothing
Kewal Kiran Clothing (KKC) was started in early 1981. In the last 39 years, the company has become an established name in the field of branded apparel manufacture. With customers spread across Asia and the CIS countries, KKC is a name to reckon with globally as well. The top-end manufacturing facilities are ISO 9000 certified. Some of the major brands that the company brings to their customers are Killer, Lawman, K-Lounge, and easies. The company projects an image of youth & vibrancy – much like its targeted customers.
- Market Cap (Rs Crore): 1,030
- Book Value (Rs): 357.06
- Face Value (RS): 10.00
- Turnover (Rs. In Lakhs):
Profit and Loss (in Rs. Crore)
- MAR 2020: 73.04
- MAR 2019: 80.32
- MAR 2018: 73.25
- MAR 2017: 74.59
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: -8.82
- September Net Profit: 9.14
List of Top 20 Textile Companies in India
| Sl. No. | Company name | Establishment | Head office | Website |
| 1 | Page Industries | 1994 | Bengaluru | https://www.pageind.com/ |
| 2 | Alok Industries | 1986 | Mumbai | http://www.alokind.com/ |
| 3 | Welspun India | 1985 | Mumbai | https://www.welspun.com/ |
| 4 | KPR Mill | 1984 | Coimbatore | https://kprmilllimited.com/ |
| 5 | Trident Group | 1990 | Ludhiana | http://www.tridentindia.com/ |
| 6 | Garware Technical Fibres | 1976 | Pune | https://www.garwarefibres.com/ |
| 7 | Lux Industries | 1957 | Kolkata | https://www.luxinnerwear.com/ |
| 8 | Swan Energy | 1909 | Mumbai | https://www.swan.co.in/ |
| 9 | Indo Count Industries | 1988 | Kolhapur | https://www.indocount.com/ |
| 10 | Rupa and Company | 1985 | Kolkata | https://rupa.co.in/ |
| 11 | Raymond | 1925 | Mumbai | https://www.raymond.in/ |
| 12 | Future Lifestyle | 2012 | Mumbai | https://futurelifestyle.in/ |
| 13 | Bombay Dyeing | 1879 | Mumbai | http://bombaydyeing.com/ |
| 14 | Himatsingka Seide | 1985 | Bangaluru | https://himatsingka.com/ |
| 15 | Dollar Industries | 1972 | Kolkata | https://www.dollarglobal.in/ |
| 16 | Mayur Uniquoters | 1992 | Banmor | https://www.mayuruniquoters.com/ |
| 17 | Arvind Ltd. | 1931 | Ahmedabad | https://www.arvind.com/ |
| 18 | PDS Multinational Fashions | 1987 | Bengaluru | https://www.pdsmultinational.com/ |
| 19 | Jindal Worldwide | 1976 | Ahmedabad | https://www.jindaltextiles.com/ |
| 20 | Kewal Kiran Clothing | 1980 | Mumbai | https://kewalkiran.com/ |
