One of the most significant sectors in India is textile production. The industry that has produced the most workers in India, including both skilled and unskilled laborers, is textile, which comes in second to agriculture.
India is the world’s second-largest exporter of fiber, with over 35 million workers in India. Cotton is the primary material generated, and cotton makes up over 60% of all textiles. In addition to this, there is also jute, silk, and wool.
Numerous historical studies have shown evidence that the Harappan culture was conversant with spinning and weaving cotton, which dates the history of textiles in our country back to that period. Knitting and weaving have been mentioned in Vedic literature.
India’s textile industry, which is currently one of the most successful in the world and serves a variety of markets, is flourishing nowadays. Indian textiles are produced and exported to all corners of the world, whether used to make textiles or outfits for international investors.
Overview of India’s textile industry
There are 4.5 crore people employed nationwide by the multi-billion dollar Indian textile sector. According to industry, this places it as the second-largest exporter, accommodating top textile companies in India. There is a significant home market for Indian textiles.
Additionally, the export volume from other nations has grown dramatically over time. It is due to the premise that many manufacturers consider India as a center for their brand’s affordable production.
Before the epidemic in 2018–19, the sector made up 2% of the GDP in India. Additionally, the industry generated 5% of the world’s commerce in textile products and 12% of exporting revenue for the same period.
The fabric and textile industry was one of the most severely affected in the wake of the epidemic. As a result, the sector had few alternatives to prevent staff from going on lockdown. Additionally, many of their retailing customers saw a sharp decline in demand.
Considering the many difficulties the textile sector saw during the epidemic, they managed to adjust when it related to producing covid necessities. India is currently the world’s second-largest producer of PPE.
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Much governmental support has also been given to the sector and top textile companies in India. The industry has been made available to 100% FDI through the approval approach by the government. Over the period between April 2000 and March 2021, the sector earned $3.75 billion in investments.
The Indian clothing market, valued at $55 billion in 2020, is projected to increase at a CAGR of 10% to reach $135 billion by 2025.
Indian Design and Textile Trend Analysis
Midway through the 20th century, the Indian style began to develop without well-known manufacturers, designers, or companies. The clothing and design were appreciated more highly than who manufactured it or would wear it.
A style boutique in Mumbai and American labels introduced the concept of designer fashion in the 1980s. The fashion business expanded quickly at the start of the twenty-first century, leading to advanced innovators, designers, and a vast selection of practical styles.
The economy’s local and international style growth rate places a high value on Indian cultural patterns and fabrics. The reduced price and wide variety of styles are the primary advantages of India’s clothing and textile industries over rivals.
Top Textile Companies in India
Let’s review the Top Textile Companies in India now that we understand this $1 billion market better.
1. Trident Limited
Established in 1990, Trident Ltd., a flagship of the Trident Group, has grown into a multi-billion-dollar enterprise within three decades. Recognized globally, Trident is the world’s largest manufacturer of terry towels and holds a leading position in India’s home textiles industry, ranking second in home textile production and third in fiber manufacturing. In addition to its dominant textile division, Trident also operates in the paper and chemicals sector, producing eco-friendly paper from wheat straw. The company’s relentless commitment to quality, sustainability, and innovation continues to elevate Indian textiles on the world stage.
2. Welspun India Limited
Founded in 1985, Welspun India Ltd. has grown into one of the world’s largest manufacturers of home textiles. The company’s diverse product portfolio includes towels, bed linens, bathrobes, and carpets, serving both domestic and global markets. Unlike many competitors, Welspun derives a significant portion of its revenue from exports, supplying to 17 of the top global retailers. Its world-class manufacturing facilities and innovation-driven approach have firmly positioned it among the top textile companies in India, with a strong global footprint.
3. Lux Industries Limited
Founded in 1957, Lux Industries Ltd. has emerged as one of India’s leading hosiery and innerwear manufacturers, widely recognized for its aggressive and high-impact advertising campaigns. The company offers over 100 products under 16 prominent brand names, including Lux Cozi, ONN, Genx, Lyra, and One8. Known for its wide product range across men’s, women’s, and kids’ segments, Lux maintains a dominant retail and market presence across India. Its strategic brand endorsements and wide distribution network have made it a household name and a major player in the Indian textile and apparel sector.
4. Bombay Dyeing
Established in 1879 by Nowrosjee Wadia, Bombay Dyeing stands as one of India’s oldest and most respected textile companies. Headquartered in Mumbai, the company has grown from a small setup into a global textile powerhouse employing over 10,000 people. With a revenue of $310 million, it remains a flagship of the Wadia Group.
Bombay Dyeing is known for producing high-quality home textiles, bed linens, towels, children’s wear, and casual apparel. It operates over 350 exclusive stores and is present in 2,000+ multi-brand outlets across India. Renowned for superior fabrics, fashionable designs, and value-for-money offerings, Bombay Dyeing continues to be a trusted name in Indian households.
5. Vardhman Textiles
Oswal Group, founded in 1965 by Lala Rattan Chand Oswal in Ludhiana, Punjab, is a leading Indian textile and industrial powerhouse. With over 25,000 employees and $1 billion in annual revenue, it operates 24 production sites across five states. The company’s diverse portfolio includes yarn, processed fabric, sewing thread, acrylic fiber, and alloy steel. It annually produces 33,000 metric tons of woven fabric and 20,000 metric tons of acrylic yarn. At its Baddi plant, it manufactures 20,000 meters of grey fabric daily, reinforcing its reputation for scale, quality, and excellence in the Indian textile sector.
6. Arvind Mills
Arvind Mills, founded in 1931 in Ahmedabad, is one of India’s most prominent textile companies, employing over 42,000 people. With an annual revenue of $935 million, the company specializes in processed fabrics and garments, including cotton shirting, denim, knitwear, and khakis. Arvind operates across various divisions, including textiles, brands, and retail. Its Arvind Lifestyle Brands Limited subsidiary manages a diverse brand portfolio with global names like Arrow, US Polo, Izod, Elle, and Cherokee. The company also runs the Megamart retail chain. Known for its fire safety innovation, Arvind Mills plays a crucial role in India’s fashion and technical textile industries.
7. Sutlej Fabrics
Sutlej Fabrics, part of Sutlej Manufacturing Ltd, began its journey in 1993 with cotton thread production in Bhawanimandi, Rajasthan, and was formally established as Sutlej Cotton and Company Limited in 2005. Today, it stands among India’s top textile companies, with operations spanning 60+ international markets and annual revenue of $370.49 million. The company is India’s leading producer of melange-dyed cotton and offers a wide range of products including spun-dyed, cotton-blend, and cotton-melange fibers. Sutlej is also a key manufacturer of specialty yarns like Modal, Lyocell, and Tencel, reflecting its commitment to innovation and high-value yarn solutions.
8. Raymond Limited
Raymond Limited, established in 1925 and headquartered in Mumbai, is one of India’s oldest and most respected textile companies. Under the leadership of Mr. Kailashpat Singhania, Raymond became a pioneer in the industry, known for excellence in wool and wool-blended suiting. With over 10,000 employees, the company generates an estimated $250 million in annual revenue. Raymond is a global leader in industrial suit manufacturing and a dominant retailer of branded fabrics and apparel. The company has a production capacity of 31 million meters of wool and wool-blend fabrics and maintains a strong domestic and international retail presence.
9. Grasim Industries Limited
Grasim Industries Limited, established in 1984, is a flagship company of the Aditya Birla Group and one of the top textile companies in India, headquartered in Mumbai. The company employs over 6,500 people and is globally renowned for producing viscose staple fiber (VSF), commanding a 21% global market share, making it the second-largest manufacturer of viscose rayon yarn worldwide. Grasim’s textile operations also include Grasim Bhiwani Textiles Ltd, based in Bhiwani, Haryana, with headquarters in New Delhi, specializing in polyester and viscose blended textiles. Grasim stands out for innovation, scale, and commitment to sustainable fiber solutions.
10. Reliance Fabrics
Reliance Fabrics began its journey in the 1960s, founded by Dhirubhai Ambani and Champaklal Damani. After the partnership dissolved, Ambani continued the venture solo. In 1975, the company entered the textile market with its flagship brand Vimal, which quickly became a household name in India. Headquartered in Ahmedabad, Gujarat, the company employed over 5,000 people and gained recognition for innovation in polyester and blended fabrics. However, in 2012, Reliance announced its decision to exit the fabric business, including the Only Vimal brand, marking the end of an iconic chapter in Indian textile history.
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