Top 12 Textile Companies in India (2023)

Textiles have been a major part of the Indian economy, with the country producing some of the finest fabrics in the world, from hand-woven silk to finely spun cotton. With a long and proud heritage of weaving, spinning, and dying fabrics that can be traced back centuries, India is home to some of the world’s most renowned textile companies. In this article, we take a look at the top 10 leading textile companies in India and the unique products they offer.

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List of Textile Companies in India

S.No	Textile Company	Year	Head Office
1.	Vardhman Textiles	1973	Ludhiana, Punjab
2.	Arvind Ltd.	1931	Ahmedabad, Gujarat
3.	Welspun India	1985	Mumbai, Maharashtra
4.	Raymond’s	1925	Thane, Maharashtra
5.	Trident Group	1990	Sanghera, Punjab
6.	KPR Mill	1984	Coimbatore, Tamil Nadu
7.	Page Industries	1994	Bengaluru, Karnataka
8.	Nitin Spinners	1992	Bhilwara, Rajasthan
9.	Grasim Industries	1947	Nagda, MP
10.	Indo Rama Synthetics	1989	Gurugram
11.	Filatex India	1985	New Delhi
12.	Siyaram Silk	1978	Mumbai

Textile Companies in India

India is the third largest exporter of textiles and apparel after China and European Union with a share of 4% of global trade. With a CAGR of 12%, it is expected that the domestic industry is going to reach $225 billion by 2025. (Source: Invest India)

Now, let’s know about the textile companies in detail as they are the pioneer of this industry.

1. Vardaman Textiles Ltd.

Vardhman Textiles Ltd is one of the leading integrated textile manufacturers in India. Established in 1965, the company has more than four decades of experience in producing and selling world-class yarns, fabrics, garments, accessories, and home textiles.

They are a vertically integrated manufacturer with operations in multiple states, including Maharashtra, Haryana, Rajasthan, Gujarat, Madhya Pradesh, and Odisha. The company is a part of the Vardhman Group, which owns a portfolio of businesses, including real estate, hospitality, retail, and automotive.

Customers: Raymond, Arrow, ColorPlus, Louis Philippe, VanHeusen, Splash, Lifestyle, BlackBerrys, Park Avenue, and more.

• Market Cap: INR 8,855 Cr.
• Address: Chandigarh Road, Ludhiana, Punjab-141010
• Contact: +91-161-2228943-48

2. Arvind Ltd.

Arvind Lid. formally known as Arvind Mills is one of the largest producers of denim fabric and garments in India. Founded in 1931, the company has grown to become one of the most successful textile production houses in the country. Based in Ahmedabad, Gujarat, Arvind Mills manufactures a variety of fabrics and garments, including cotton and blended denim, knitted fabrics, khaki, corduroy, and colored worsteds.

In addition to its Indian operations, Arvind also has a presence in the international markets. It exports to a number of countries, including the United States, Europe, and the Middle East. The company has also set up garment manufacturing and retail outlets in several countries, including the US, Mexico, Turkey, Malaysia, United Arab Emirates, and South Africa.

With a strong focus on delivering superior products and services, Arvind continues to be one of the leading textile producers in India. Its commitment to innovation and sustainability makes it a viable option for those looking for quality fabric and garments.

Customers and Brands: Arrow, U.S. Polo Assn., Flying Machine, Calvin Klein, Tommy Hilfiger, Nautica, True Blue, and The Arvind Store.

• Market Cap: INR 2,203 Cr.
• Address: Naroda Road, Ahmedabad, Gujarat
• Contact: 7968268000

3. Welspun India

Welspun India, a leading textile and home textile manufacturer in India, has been at the forefront of innovation for over two decades. Founded in 1985 as a small-scale cotton-spinning enterprise, Welspun India has grown to become one of the country’s largest and most successful textile companies.

It was founded by BK Goenka and is the largest terry towel producer in Asia and the second in the world. The products that are produced and purchased in large amounts are terry towels and Home-furnishings.

Welspun India has seen sustained success due to its top-notch quality standards, cost efficiency, and innovation. Its sustainability measures are also commendable, making use of sustainable dyeing & processing methods and materials such as organic cotton, soybean, bamboo, and recycled polyester.

Brands: Spaces, Welspun Flooring, Martha, Welhome, Spun, Scott Living, and Christy.

• Market Cap: INR 6,718 Cr.
• Address: 6th Floor, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400013
• Contact: +91 22 6613 6000

4. Raymond Ltd.

It is an Indian brand and a textile company founded in the year 1925 with a present capacity to make an average of 31 million woven wool fabrics and woolen clothing. The group also owns apparel brands apart from industrial units set around the country.

It was founded by Albert Raymond back 96 years. The group’s main business segments are readymade garments, cosmetics, fashion clothing, and toiletries.

It is vastly spread with 700 retail shops in 200+ cities of India. The Raymond Group has won numerous awards and accolades for its commitment to excellence. It was conferred the “Most Valuable Textile Brand” award in 2017 by Brand Finance India. In 2018, the Raymond Group was listed as one of India’s Most Trusted Companies by TRA.

Brands: ColorPlus, Parx, Park Avenue, Raymond Made to Measure, and Raymond Luxury Cottons.

• Market Cap: INR 8,739 Cr.
• Address: Raymond Limited, New Hind House, Narottam Morarjee Marg, Ballard Estate, Mumbai
• Contact: 1800 22 2001

5. Trident Group

Trident Group is a leading conglomerate with businesses in textiles, paper, and chemicals. Founded back in 1990 by Mr. Rajinder Gupta, the company has its headquarters in Ludhiana, Punjab, India. It is known for producing high-quality products, including bed linens, towels, and paper products, as well as its commitment to sustainability and social responsibility.

In the textile sector, Trident Group is a leading manufacturer of terry towels, yarn, and made-ups. Its products are marketed under the brand name “Trident” and are known for their softness, absorbency, and durability.

Brands: Nectarsoft, Organica, Indulgence, Home Essential, Dusk & Dawn, and more.

• Market Cap: INR 16,332 Cr.
• Address: Trident Group, Sanghera – 148101
• Contact: 1800 180 2999

6. KPR Mill

KPR Mill Pvt. Ltd. is an Indian textile and apparel company headquartered in Tiruppur, Tamil Nadu. Founded in 1984 by K P Ramasamy, the company manufactures yarn, knitted fabrics, garments, and home textiles.

KPR Mills has 13 manufacturing plants across India that produce over 40 million kg of yarn and 60 million pieces of garments per annum. The company has also established a strong presence in the European and American retail markets.

The company has achieved numerous global certifications, including ISO 9001 and GOTS. KPR Mill Ltd. is dedicated to being socially responsible, sustainable, and ethical in its operations.

Brand: FASO

• Market Cap: INR 18,850 Cr.
• Address: Shrivari Srimat, 1045, Avinashi Road, Coimbatore – 641 018
• Contact: +91-422-2207777

7. Page Industries

Page Industries Limited is an Indian multinational company that is a licensee of the JOCKEY International Inc. brand for the manufacture, marketing, and distribution of innerwear and leisurewear products in India. The company was established in 1994 by Sunder Genomal and is based in Bangalore, India.

In addition to its innerwear products, Page Industries also offers a range of leisurewear and activewear products, including t-shirts, tracksuits, and athletic wear. The company’s products are available through a wide network of retail outlets across India, as well as through online channels.

Brand: Jockey

• Market Cap: INR 43,261 Cr.
• Address: Umiya Business Bay – Tower – 1, 7th Floor, Cessna Business Park,
  Kadubeesanahalli, Varthur Hobli, Bengaluru – 560103
• Contact: 1800-572-1299

8. Nitin Spinners

Nitin Spinners is a revolutionary spinning technology designed to reduce the time and effort needed to spin yarn. Developed by Nitin Textiles, the patented spinner is designed to help manufacture low-cost, high-quality yarns quickly and efficiently.

Nitin Spinners use a unique design that eliminates the need for traditional spinning machines. The machine contains two drums, each of which can be controlled independently to produce different types of spinning. This means that the spinner can easily switch between producing fine, medium, and coarse yarns depending on the requirements of the textile industry.

• Market Cap: INR 1,205 Cr.
• Address: 16-17 Km. Stone Chittor Road, Hamirgarh Distt. Bhilwara – 311 025
• Contact: 91-1482-286110-113

9. Grasim Industries Ltd.

Grasim Industries Ltd. is a publicly listed Indian textile manufacturing company owned by the renowned Aditya Girla group. It was established initially in the city of Mumbai and then grew to pose its presence in several cities. Grasim Industries was founded in 1947 and is primarily involved in the production of textiles, chemicals, cement, viscose staple fiber, and insulators.

Its Textiles division includes the production of manmade, cotton fabrics and garments, organic fibers and yarns, and home furnishings.

Grasim’s textile business was set up under the name of Jaya Shree Textiles at Rishra, West Bengal in 1949 and is now also known by the name Jaya Shree Textiles and GPF (Grasim Premium Fabric).

Brand: Linen Club

• Market Cap: INR 107,668 Cr. (Grasim Industries)
• Address: Birlagram, Nagda, Ujjain – MP
• Contact: +91 7366246760

10. Indo Rama Synthetics

Indo Rama Synthetics (India) Ltd. is one of the leading integrated polyester and textile companies in India. It has a pan-India presence with 10 manufacturing facilities located in different parts of India. The company’s Polyester Division is the largest producer of Polyester Staple Fibre (PSF) in India. The company also produces yarns, fabrics, garments, and home textiles from its Textile Division.

Established in 1989, Indo Rama Synthetics (India) Ltd. has earned a high reputation for its quality and customer service for almost three decades. The company’s uncompromising commitment to product quality and customer satisfaction has enabled it to become one of the largest companies in the Indian textile industry.

Indo Rama produces and sells more than 158 varieties of products across various segments like engineering plastics, industrial fibers, home textiles, garments, etc., for both domestic as well as international markets.

• Market Cap: INR 1,363 Cr.
• Address: Delhi Press Building, Plot No. 53, 54, Phase – IV Udyog Vihar, Gurugram – 122015
• Contact: +91 124 499 7000

11. Filatex India

Filatex India Ltd is one of the leading textile companies in India. Founded in 1985 by Bhageria Family, Filatex has grown to become a leader in textile manufacturing, processing, dyeing, and finishing services for apparel, home furnishings, bedding, and accessories. The company has a global presence with offices in Europe, the USA, and countries in the Middle East, Africa, and Asia Pacific region.

The company is focused on quality and innovation, producing superior-quality fabrics for both fashion and industrial applications. Its extensive range of quality fabrics includes cotton, linen, wool, silk, jute, hemp, nylon, and polyester.

• Market Cap: INR 1,791 Cr.
• Address: 43, Community Centre, New Friends Colony, New Delhi, 110025
• Contact: +91-11-26312503

12. Siyaram Silk

Also known as Siyaram Silk Mills Ltd., it is an Indian blended fabric and garment manufacturer of finished cotton products and textile fabrics. It was founded by Mahabir Prasad Poddar in 1978, initially set up as a private textile corporation is now among the industry leader.

The company produces a wide range of fabrics, including cotton, polyester, and blended fabrics, as well as more specialized fabrics such as bamboo and linen.

The company’s products are manufactured throughout India, with facilities in Gujarat, Himachal Pradesh, Karnataka, and Madhya Pradesh. Its fabric collections include formal wear, casual wear, ethnic wear, home furnishing materials, and sportswear.

• Market Cap: INR 2,283 Cr.
• Address: 5th Floor, B Wing, Trade World, Kamala Mill Compound, Senapati Bapat Marg, Lower Parel West, Lower Parel, Mumbai – 400013
• Contact: 1800 209 4005

End Words on Textile Companies in India

The Indian textile industry has grown from basic handmade fabrics to machine-made fabrics. The textile industry has spread from villages to global cities and the growth rate has shown an increase in the past few decades.

Even though many corporate textile companies have taken up the role to represent the indigenous fashion of the villages to the world, the handmade styles and texture designs are decreasing in the amounts of volumes produced.

The ultimate goal of the textile industry should be to make these traditional weavers and knitters the spotlight and find the path to growth along with them.