Everything we wear in our day-to-day life manufactures by the textiles industries. Here in this article, we will see the top 10 textile companies in India. India is one of the Garment Manufacturing Country in the world.
India was always dominated in the textile sectors. It was also the oldest industry in the Indian Economy.
Top 10 Textile Companies in India
1. Page Industries Ltd.
Page industries manufacture textile garments and clothing. It is in the business of innerwear, loungewear, and socks. Page industries have a very famous brand Jockey.
Page industries were incorporated in 1994 by Sunder Genomal and his brothers.
Its headquarters is in Bangalore, India. It has approx 20,000 employees working with them.
It has manufacturing facilities in Bangalore, Massan, Mysore, Tiptur, Gauribidanur, Tiruppur.
The Chairman of Page industries is Pradeep Jaipuria. it is one of the top 10 textile companies in India.
The company has a market capitalization of ₹24,000 crores. Its revenue is ₹2,300 Crore and its total asset is around ₹ 1,500 Crore.
2. Alok Industries Ltd.
Alok Industries is a leading textile manufacturing company in India. It provides world-class textile solutions. It is engaged in the manufacturing of textiles, weaving, knitting, processing, home textile, Readymade Garments.
Alok Industries Exports 26% of its total Production. Its business has a presence in over 90 Countries.
It was incorporated in the year 1986 by Surendra Jiwrajha. Its headquarter is in Mumbai.
It has 20,169 employees working with them. Its manufacturing plants are located in the southwest part of India. These production units are in Silvassa in Dadra & Nagar Haveli. Thane & Navi Mumbai in Maharashtra, Valsad & Vapi in Gujarat.
It has a revenue of ₹2,800Crore. It has a market capitalization of ₹11,000 Crore and Its total asset is around ₹18,000 Crore.
3. Welspun India Ltd.
Welspun India is one of the largest textile manufacturers in the world. Welspun India was incorporated in 1985. It has a presence in over 50 countries.
Welspun India is also the largest exporter of textiles from India. It has a workforce of 25,890 people. Its headquarter is in Anjar and Vapi in Gujarat.
It manufactures home textile products, mainly terry towels, bed linen products, and rugs.
Its headquarter is in Mumbai. It has also business in Steel, energy, oil, gas infrastructure, retailing, pipes, etc.
The Chairman of Welspun India is Balkrishan Goenka
- Market capitalization – ₹6,229 crore
- Total asset – ₹7,900 crore
- Revenue- ₹6,300 crore
4. KPR Mills Ltd.
KPR mills are the largest apparel manufacturing company in India. It was incorporated on 19th March 2003.
The company produces Yarn, fabrics, garments, and sugar. It has India’s largest vertically integrated garment production facilities India.
KPR mills sell innerwear and athleisure for Indian customers under the brand name FASO.
Its manufacturing Units in Coimbatore, Sathyamangalam, and Tripura.
The Chairman of KPR mills is K P Ramasamy.
- Market capitalization – ₹5,300 crore
- Total asset – ₹2,700 crore
- Revenue- ₹3,100 crore
5. Vardhman Textiles Ltd.
Vardhman Textiles is Engages in the manufacturing of Fibres, yarns, thread, and finished garments. It has 22 manufacturing units in 22 states in India.
It was incorporated on 8th October 1973. Its headquarter is in Ludhiana Punjab.
It also has a thermal power plant with a power generation capacity of 54 MW in MP. Vardhman Textiles is a part of the Vardhman group.
The chairman of Vardhman Textiles is Shri Paul Oswal.
- Market capitalization – ₹4,900 crore
- Total asset – ₹8,700 crore
- Revenue- ₹5,800 crore
6. Garware Technical Fibres Ltd.
Garware Technical Fibres Ltd is a leading textile company in India. It was established in 1976, and its headquarter is in Mumbai.
The company manufactures polymer ropes, fishing net, safety net, aquaculture net, sports net, and geosynthetic.
It provides a solution in Fisheries( Fishing net, ropes, twines for deep-sea fishing), shipping, and industrials(highly advanced ropes), yarn and thread, sports( sports net for every sports game), Coated fibers, agriculture, and geosynthetic.
The chairman of the company is V R Garware.
- Market capitalization – ₹4,300 crore
- Total asset – ₹1,700 crore
- Revenue- ₹900 crore
7. Trident Ltd.
Trident is in the business of manufacturing Home textiles, yarn, papers, chemicals. In home textiles, it manufactures Bed and bath linens, towels, etc.
It is one of the largest Terry towel and bed-linen manufacturers in the world.
It manufactures a variety of towels, bedsheets, blankets, and bathrobes.
It has 2 manufacturing units in India
- Barnala( Punjab)
Its headquarter is in Ludhiana, punjab. Trident was founded in the year 1990 by Mr, Rajinder Gupta.
It has manufacturing units in 100 countries. It also has business in the Energy sector.
- Market capitalization: ₹3,847 Crore
- Revenue: ₹3,956 Crore
- Total Asset: ₹5096 Crore
8. Lux Industries Ltd.
Lux Industries Limited is in the business of manufacturing of Knitwear. It is headquartered in Kolkata, West Bengal. It was established in the year 1995.
The chairman of the company is Ashok Kumar Todi.
In menswear, it manufactures Vests, Briefs, Boxer, Winter wear.
In women wear, it manufactures Panties, Racerback, Camisole Strap, slips, Shorts, winter wear,
Lux industries are very well Known brands in Innerwear categories.
The manufacturing plant is located in Kolkata, Tripura, and Ludhiana.
- Market capitalization: 3578 Crore
- Total assets: 827 Crore
- Revenue: 1185 Crore
9. Swan Industries Ltd.
Swan Industries Ltd. is in the business of Textiles, real estate, and Energy.
It was established in the year 1909 as Swan Mills Ltd. Today it is owned by Dave and the merchant Family which took over the business from J.P Goenka group in 1992.
The company manufactures and markets cotton and polyester in India.
The chairman of the company is Navinbhai C Dave.
- Market capitalization: 3,344 Crore
- Total Asset: 3489 Crore
- Revenue: 301 Crore
10. Indo Count Industries Ltd.
Indo count Industries Ltd was established in the year 1988 and it engages in the business of manufacturing of Bedding, quits pillow, sleeping bags, and bedsheets.
It exports its products to more than 40 countries in the world.
It has 3000+ employees working with them
The chairman of the company is Anil Kumar Jain.
- Market capitalization : 3000 Crore
- Total Asset : 1739 Crore
- Revenue: 2122 Crore