Top 10 Textile Companies in India

Indian Textile overview:

India’s textiles industry goes back several centuries and is among the oldest industries in the country. It is one of the largest contributors to the economy. After agriculture, it is the second-largest generator of income, employing close to 40 million people, and contributing 10% to the country’s manufacturing, owing to its labor-intensive nature.

India is the second-largest producer and exporter of textiles after China and the fourth-largest producer and exporter of apparel after China, Bangladesh, and Vietnam.

India’s textile industry is a strong production base with a wide range of fibers and yarns. India is among the top producers of jute and silk and beyond its natural fibers such as cotton, jute, silk, and wool; and synthetic, its manmade fibers such as polyester, viscose, nylon, and acrylic have also created a niche for themselves in the market.

The Indian apparel sector is one of the fastest-growing in the world, backed as it is by robust demand growth. The country’s apparel market is driven mainly by menswear, which commands a 42% market share. Women’s wear holds a 37% share while kids’ wear accounts for 21% of the apparel market.

Indian Government Initiative for Textile Industries:

• Technology Upgradation Fund Scheme (TUFS)
• Scheme for Integrated Textile Parks (SITP)
• Coverage of major machinery for technical textile manufacturing under concessional customs duty list of 5%
• Certain technical textile products are covered under the Focus Product Scheme, under which exports of such products carry duty credit scrip equivalent to 2% of the FOB value of exports
• Technology Mission on Technical Textiles (TMTT)
  • Focus Incubation Centres (FIC)
  • Scheme for promoting usage of Agro-textiles in India (excluding North-East Region)
• Scheme for promoting usage of Agro-textiles in North East Region
• Scheme for promoting usage of Geotechnical textiles in North East Region

Textile Association in India

• Ahmedabad Textile Industry’s Research Association (Atira) – Gujarat
• Bombay Textile Research Association (BTRA) – Mumbai
• South India Textile Research Association – Coimbatore
• Northern India Textile Research Association (NITRA) – Ghaziabad
• Synthetic & Art Silk Mills’ Research Association (SASMIRA) – Mumbai
• Man-Made Textile Research Association – Gujarat
• Indian Jute Industries Research Association [IJIRA] – Kolkata
• Wool Research Association -Thane

Lets see the top textile companies in India based on the Revenue in the latest update on their Annual report .

10. Mafatlal Industries Limited

• Symbol: Mafatlal
• Headquarter: Mumbai
• Founded: 1905

Mafatlal Industries Company Profile:

Mafatlal Industries Ltd. offer the widest range of high-quality fabrics in Textile Industry With the OEKO-TEX Quality Certification and quality standards, Company has been able to continuously meet with the ever-shifting needs of our consumer.

Mafatlal Industry mills in the state of Gujarat are equipped with the best technology. The Nadiad unit caters to the standards of our international customers such as Marks and Spencer, Next, DGQA, GDS&D, and Ordnance. While at Navsari, the state-of-the-art composite denim manufacturing unit courses Yarn Manufacturing, Dyeing, Weaving, and Finishing.

The trust has inspired us to dress up Indians for several generations, catering to the changing needs of every new generation and it is through this trust, made at Mafatlal Industries.

Mafatlal Industry Plant Location:

• Nadiad Unit : Kapadvanj Road, Nadiad 387 001.
• Navsari Unit : Vejalpore Road, Navsari 396 445
• Mazgaon Unit (Non-operational) : Rambhau Bhogale Marg, Mazgaon, Mumbai 400 010

Mafatlal Industry Brand is:

Mafatlal industry chain of retail stores across India, known as Mafatlal Family shops and Mafatlal Exclusive Shops weave comfort, style, and quality in its offerings.

Mafatlal Financial Position:

• Revenue: 1005.35 Crores
• Market Cap: 107 crores
• ROCE:- 5.55%
• ROE:-14.5%
• BOOK VALUE: 335
• PAT:-94

9. TCNS Clothing co. Limited

TCNS Clothing Company Profile:

• Symbol: TCNS
• Headquarter:
• Founded: 2001

TCNS aims to provide fashion in a modern retail environment to the Indian woman in Indian Textile. TCNS come a long way in less than 2 decades from those initial days to becoming the leading exclusive women’s ethnic/fusion apparel company in the country.

TCNS works with over 250 suppliers ranging from artisan groups to large mills, enabling a highly differentiated product every single time. We create more than 3000+ unique fabrics and 2500+ unique styles across brands fulfilling multiple
customer requirements.

A strong team of 40+ designers at TCNS Clothing bridges commerce and creativity seamlessly. Every product created here goes through institutionalized design processes including complete research with trend forecasting, concept development, fabric, and textile design.

TNCS BRAND is:

• W is Premium Fusion Wear Brand that essentially merges Indian and Western sensibility with an emphasis on distinctive design and styling. This brand is targeted primarily at the Indian woman’s work, casual and light occasion wear requirements.
• Aurelia is a contemporary ethnic wear brand targeted at a broader segment looking for a mix of great design, fit, and quality. ‘
• Wishful is a premium occasion wear brand, with elegant designs catering to women’s apparel requirements for evening wear and occasions.
• Elleven is a coordinates brand with a brand promise to be the ultimate destination for bottoms and drapes choices.

TNCS Financial Position

• Revenue: 1148.66 Crores
• Market Cap: 3,56,892.02 LAKHS
• ROCE: -4.12 %
• ROE: -8.86%
• BOOK VALUE: 99.5
• PAT: -56

8. TRENT Limited

• Symbol: Trent
• Headquarter:
• Founded: 1952

Trent Company Profile:

In 1998 name of Lakme Limited was changed to Trent Limited.  Lakme was in the business of manufacturing, sale, and export of cosmetics, toiletries, and perfumery products in the textile industry. As part of the Tata Group, Trent’s flagship concept- Westside offers branded fashion apparel, footwear, and accessories for women, men, and children, along with a range of home furnishings & decor.

Trent’s value fashion concept- Zudio offers fashion at irresistible prices for men, women, and children. Exclusive fashion is curated in-house and made available at very sharp price points

Trent has planned a Hypermarket and supermarket store chain – Operating under “Star Market” concept offers an assortment of products, including staples, beverages, health & beauty products along with a comprehensive fresh offering is also supported by a compelling range of own brands at attractive prices.

Trent Brand is:

• WESTSIDE is a lead fashion brand with over 22 labels all designed in-house, across women’s wear, menswear, kidswear, footwear, lingerie, cosmetics, perfumes, accessories, and home furniture.
• ZUDIO Aggressively popping all over India, we bring to the fore irresistible fashion at unmatched prices.
• Utsa is a modern Indian lifestyle destination that offers ethnic apparel, beauty products, and accessories Celebrating Indian-ness.

TRENT Financial Position:

• Revenue: 2251.77 Crores
• Market Cap: 30,19,688.24 LAKHS
• ROCE: 2.02 %
• ROE: -6.30%
• BOOK VALUE: 65.1
• PAT: -146

7.RSWM LIMITED

• Symbol: RSWM
• Headquarter: Delhi
• Founded: 1961

RSWM Company Profile:

RSWM is one of the leaders in the domestic and international textile industry. RSWM is among the five leading manufacturers of polyester viscose blended yarn in India’s textile Industry. The Company possesses one of the widest yarn ranges of fiber blends, counts, and shades with a special focus on value-added variants.

In addition to a large customer base in India comprising brand-enhancing downstream textile players, the Company’s yarns also find acceptance across 45 countries, exports contributed 26% of the yarn business

Melange yarns represent the value-added segment within the yarn business. Spun at the Mandpam and Kanyakheri
plants these products generate significant premium over grey yarns even as they are quantitatively smaller than the
other segments.

These yarns are primarily used in casual wear, sportswear, shirts, socks, innerwear as well as towels, and other
home linen.

RSWM BRAND is:

MAYUR offers classic fabrics in a wide range of fiber blends at an affordable price. These quality fabrics are available for export as well as fine domestic tailoring. Internationally, our fabrics are used by some of the world’s leading fashion brands,

LNJ Denim, a denim-manufacturing facility established in 2007 under RSWM Limited ( has a manufacturing capacity of 25 million meters annually. LNJ Denim has earned an excellent reputation amongst international and domestic brands as an innovator and a quality supplier of denim fabric.

RSWM Financial Position:

• Revenue: 2771.03 Crores
• Market Cap: 63,175.13 LAKHS
• ROCE: 5.01 %
• ROE: 2.72%
• BOOK VALUE: 336
• PAT: 21

6. PAGE INDUSTRIES Ltd

• Symbol: PAGEIND
• Headquarter: Bengaluru
• Founded: 1995

Page Industries Company Profile:

Page Industries Limited located in Bangalore, India is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution, and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal, UAE, Oman and Qatar. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India.

Page Industries operations in the year 1995 with the manufacturing, distribution and marketing of Jockey products. Page Industries commands wide spread pan India distribution encompassing over 50,000 plus retail outlets in 1,800 cities and towns and has revolutionized the innerwear market by launching Exclusive JOCKEY® Brand Outlets across India numbering 470 as of March 2018.

Page Industries Brand is:

Jockey brand is distributed in 2,800+ cities and towns. The products are sold through Exclusive Brand Outlets (EBO), Large Format Stores (LFS), Multi Brand Outlets (MBO), Traditional hosiery stores, and Multi-purpose stores. Jockey brand is available in over 66,000+ outlets spread across India.

Speedo brand is available in 1,350 stores, 43 EBOs, and 15 Large Format Stores. Studies on the swimming market in India by global marketing research firm, AC Nielsen, commissioned by us, show a promising and fast-evolving market for both swimwear and swim equipment.

Page Industries Financial Position:

• Revenue: 2945.4 Crores
• Market Cap: 32,95,969.77 LAKHS
• ROCE: 48.1 %
• ROE: 40%
• BOOK VALUE: 793
• PAT: 341

5.KPR MILL LIMITED

• Symbol: KPR
• Headquarter: Coimbatore
• Founded:

KPR Mill Limited Company Profile:

KPR Mill is one of the largest vertically integrated companies in Indian Textile industries and KPR has a diversified business focus spanning across Yarn, Fabrics, Garments, and White Crystal Sugar. KPR has earned a great deal of experience over the last 40 years to produce an indelible mark in the textile landscape.

Manufacturing an impressive product range of textile varieties such as Readymade Knitted Apparel; Fabrics; Compact, Melange, Carded, Polyster and Combed Yarn, KPR Mill reaches out to global customers with diligence, superior quality and delivery excellence.

KPR MILL Limited Brand is:

KPR brings in the finest range of inner wear and athleisure wear for the Indian market under the brand name FASO. FASO derives its distinctive advantage by being the unique brand with complete in-house manufacturing competence. This brings the competitive edge of unmatched quality and impeccable workmanship in every product.

KPR MILL Limited Financial Position:

• Revenue: 3389.09 Crores
• Market Cap: 10,45,912.00 LAKHS
• ROCE: 25.7 %
• ROE: 24.4%
• BOOK VALUE: 342
• PAT: 515

4.Vardhman Textiles Ltd.

• Symbol: Vardhman
• Headquarter: Ludhiana
• Founded:1962

Vardhman Textiles Company Profile:

One of India’s leading integrated textile manufacturers, Vardhman Textiles Limited is the flagship company of the Vardhman Group. The company was started with the name Vardhman Spinning & General Mills Ltd. In the early stage, Vardhman started their business in spinning Cotton Yarn, today it has emerged as a reputed textile powerhouse
manufacturing yarns, fabrics, acrylic fiber, garments, sewing threads, and alloy steel.

Vardhman Nisshinbo Garments Limited is a joint venture between Vardhman Group and Japan-based Nisshinbo Textiles Inc. The Company is into manufacturing high-end premium quality shirts for large retail brands. With a capacity to manufacture over 664 MT of yarn per day, Vardhman is one of the leading producers of premium
quality yarns.

With a weaving capacity of over 220 million meters and a processing capacity of over 175 million meters per annum, across a wide range of specialty fabrics, Vardhman is one of the leading vertically integrated fabric suppliers in India.

Vardhman Textiles Financial Position:

• Revenue: 6325 Crores
• Market Cap: 7,87,822.06 LAKHS
• ROCE: 8.10 %
• ROE: 6.55%
• BOOK VALUE: 1123
• PAT: 410

3.RAYMOND LIMITED

• Symbol: RAYMOND
• Headquarter: Mumbai
• Founded: 1925

RAYMOND Company Profile:

Raymond is a diversified group with majority business interests in Textile & Apparel sectors as well as presence across diverse segments such as FMCG, Realty, Engineering and Prophylactics in national and international markets. 

Raymond offers an exquisite range of shirting and suiting fabrics across a plethora of options such as Worsted fabrics, Cotton, Wool blends, Linen, and Denim. With over 1500 stores spread across 600 towns and an expansive network of over 20,000 points of sale in India.

Raymond wholly-owned subsidiaries such as Silver Spark Apparel Ltd, Celebrations Apparel Ltd & Everblue Apparel Ltd by crafts suits, trousers, shirts & Jeans for leading fashion labels across the world and is the only manufacturer of Full canvas premium jackets in India.

  Raymond is amongst the leading producer & preferred suppliers of high-quality Ring Denim to the world’s renowned Jeanswear brands. Having established its dominance in Textiles, Raymond also offers ready-to-wear apparel brands such as Park Avenue, Raymond Ready To Wear ColorPlus, Parx, and Ethnix.

Raymond Brand:

 Raymond had a clear vision, evolution. As a brand, we have been the torchbearer for style, superiority, and sophistication.

Park Avenue provides stylish and innovative wardrobe solutions to well-dressed gentlemen. Park Avenue designs embody the most modern international fabric, styling, palettes, and trends globally.

 ColorPlus created a niche in the ready to wear market in India with a premium range of clothing for men.

Parx is a premium casual lifestyle brand, which is positioned to cater to the needs of consumers who are looking for dressing up for life across occasions and events.

Raymond Financial Position:

• Revenue: 6571 Crores
• Market Cap: 2,75,282.38 LAKHS
• ROCE: -4.04 %
• ROE: 13.3%
• BOOK VALUE: 315
• PAT: -297

2. Arvind

• Symbol: Arvind
• Headquarter: Gujarat
• Founded:1987

Arvind Company Profile:

Arvind Limited is one of India’s leading vertically integrated textile companies with the presence of almost eight decades in this industry.

Flying Machine, India’s first denim apparel brand, was launched to meet the aspirations of the emerging youth segment. Arvind had firmly shifted its focus on domestic to international markets.

Arvind was soon to emerge as a global leader in denim production. By the end of 1987, Arvind also started manufacturing high-value cotton shirting.

Arvind was able to offer high quality global apparel brands like Lee Jeans and Arrow Shirts to the Indian market. The Arvind Store was set up to house the best brands of Arvind under one roof. The store offers not only the entire range of the Company’s fabrics and apparel but also the services of Studio Arvind, the bespoke tailoring unit. There are currently over 180 Arvind Stores across India.

Arvind Brand is:

• AEROPOSTALE
• ARROW
• CALVIN KLEIN
• COLE HAAN
• ED HARDY
• FLYING MACHINE
• GAP
• HANES & U.S. POLO ASSN. INNERWEAR
• SEPHORA
• STRIDE
• THE CHILDREN’S PLACE
• TOMMY HILFIGER
• U.S. POLO ASSN.
• also operates apparel value retail stores UNLIMITED.

Arvind Financial Position:

• Revenue: 7424 Crores
• Market Cap: 2,03,643.78 LAKHS
• ROCE: 4.61%
• ROE: 0.08%
• BOOK VALUE: 105
• PAT: -17

1. GRASIM INDUSTRIES LIMITED

• Symbol: GRASIM
• Headquarter: Madhya Pradesh
• Founded: 1947

Grasim Company Profile:

Grasim Industries Limited, part of the Aditya Birla Group, which is top leading companies in Indian textile.  It is a leading global producer of Viscose Staple Fibre, the largest Chlor-Alkali, Linen and Insulators player in India. 

Grasim has been successful in creating new Viscose Filament Yarns to enter segments where it was never considered. This led to new products like VFY with lesser filament & crispier fabric feel, monofilament VFY, bi-shrinkage yarns, and VFY with unique effects for different fabric weave.

Grasim Brand is:

Linen Club is the largest linen fabric brand in India with expertise in linen manufacturing and design, for more than 70 years. Linen Club is the pioneer of linen in India and is now retailed through both exclusive retail outlets and multi-brand outlets. It is the largest linen retail chain in the world.

Grasim Financial Position

• Revenue: 77625 Crores
• Market Cap: 98,68,864.49 LAKHS
• ROCE: 11.9%
• ROE: 7.29%
• BOOK VALUE: 995
• PAT: 4305