The Indian textiles industry, estimated at about US $108 billion last year, is expected to reach US$ 141 billion by 2021. The industry is currently the nation’s second largest employer after agriculture, providing over 45 million direct employments with nearly 60 million indirect jobs. The textile Industry in India contributes approximately 5% to India’s economy, and 14% to nation’s Index of Industrial Production (IIP).
The Indian textile industry has the potential to grow five-fold over the next ten years to reach US$ 500 billion mark on the back of growing demand for polyester fabric. This figure consists of domestic sales of US$ 315 billion and exports of US$ 185 billion. The current industry size comprises domestic market of US$ 68 billion and exports of US$ 40 billion.
Due to growing competition, businesses are using networking websites like BizVibe’s textile industry section to find quality business partners. So whether you are looking for importers, exporters or manufactures there is a place for you to start on BizVibe.
Top 10 Manufacturers in Indian Textile Industry
Alok Industries Ltd is a vertically integrated textile company, provides end-to-end solutions through five core sectors – Cotton Yarn, Apparel Fabric, Home Textiles, Garments, and Polyester Yarn. Alok has a large customer base including domestic and international retailers, as well as garment exporters in India and some of the major international brands. They have some of the world’s biggest retailers and India’s largest manufacturers of apparel and home textiles.
Founded in 1931 by three brothers, Arvind Mills is a manufacturer for high-end superfine fabrics in India. Arvind has dominated the market with brand names like Arrow, Flying Machine, USPA, New Port, Mega Mart, and The Arvind Store. Over the recent years, Arvind has also diversified into other major segments such as fabrics, garments, advanced materials, chemicals and dyes, retail, engineering, telecom etc.
Vardhman Textile, as part of Vardhman Group, founded in 1965, is now a leading textile conglomerate in India with annual turnover of over $1 billion. Spanning over 22 manufacturing facilities in five states across India, Vardhman is well known for producing and trading Yarn, Greige and Processed Fabric, Acrylic Fibre etc.
SEL is one of the largest vertically integrated textile conglomerate in India. It has facilities from spinning, knitting, processing of yarns and fabric, to the value added products viz. terry towels and ready-made garments across its various locations in Punjab, Rajasthan, Haryana, Himachal Pradesh, and Madhya Pradesh. SEL is also one of the largest yarn and thread suppliers for European markets
SRF is a multi-business entity and the largest manufacturer of technical textiles in India, specialized in producing Tyre Cords, belting fabrics, Coated fabrics, Industrial yarn and Laminated Fabrics while also producing industrial chemicals. The company has manufacturing plants located in India, South Africa and Thailand.
Must Read: Top 10 Wool Producing States in India
Welspun India Ltd has been fully integrated its in-house textile manufacture with one of the top global manufacturers. With a network across 32 countries, the company offers the entire range of home textile products to consumers from all over the world. It also owns leading brands such as Christy and Hygrocotton. The company has modern manufacturing plants at Anjar and Vapi in Gujarat, where it produces the entire range of home textiles for bed and bath category.
Trident is one of the leading manufacturers & exporters of terry towel, home textile, yarn, paper, chemicals and captive power in India. Trident Group today exports its textile products to over 100 countries as one of the top integrated home textile manufacturer in the world. it is also one of the largest yarn spinners in India and one if the largest terry towel producers in the world.
JBF Industries Ltd was founded in 1982 as yarn texturizing company, then has integrated into manufacturing Partially Oriented Yarn (POY), Polyester (BOPET) Film and different types of Bottle grade, Film grade and Textile Grade Polyester chips. Today, JBF is the third largest Partially Oriented Yarn (POY) manufacturer in India.
Nahar Spinning Mills Ltd is part of Nahar Group, it’s one of the top textile and garment manufacturers and exporters in India, specialized in producing and exporting woollen/cotton hosiery knitwears and woollen textiles. the Company has 7 multi location plants, a range of products, over 60% of which is exported to markets in Europe, North America, South America and Asia.
KPR Mill Limited is one of the largest vertically integrated Apparel manufacturing companies in India producing Yarn, Knitted Grey, Dyed Fabric and Readymade Garments. The company has one of the largest garment manufacturing facilities in India, with annual capacity of 95 million units. It has also installed Wind Mills to generate green power for captive consumption at Tamil Nadu which covers 75% self- reliant in its power needs.
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