The textile industry is one of the oldest and most important branches of the national economy, which combines tradition and modernity with an amazing subtlety. The Indian textile companies have, over the years, experienced a transformation of the traditional handlooms machine operating companies to a complex set up of manufacturing manufactures with the new state-of-the-art technology and extended global connectivity.
By the year 2026, the Textile Companies in India is expected to be very profitable with a contribution of about 2.3% to the GDP of the country and 45 million people directly engaged in the business and 100 million indirectly.
The ability to withstand economic shocks and critical policies of governments such as the Production Linked Incentive (PLI) program as well as technological innovations has made India the sixth-largest exporter of textiles and apparel in the world. Spinning mills in Coimbatore, garment factories in Tirupur, home textile cluster in Panipat and denim overseas producers in Ahmedabad are just a few signs that display heterogeneity, creativity and never compromising standards that have served customers in India and abroad with a difference.
Overview of the Indian Textile Industry
The Indian textile industry is an ideal mixture of ancient handicraft and modern manufacturing excellence and it forms a strong ecosystem, encompassing the whole culture of value chain starting with fiber to finished product. One of its strengths is that, regardless of uncertainties in the global economics, the sector has indicated a smooth growth trend with the size estimated at USD 165 billion in 2024-25. The textile industries in India as a group have more than 1,500 spinning mills, thousands of weaving and processing plants and numerous garment production plants all over the country.
The good thing with the industry is the fact that it is self-reliant in raw materials especially cotton which is the largest producer of it in the whole world. The long-term aid that has been provided by the government in terms of policy change, building infrastructure and financial incentives has sparked off colossal investment in technology upgradation, good practices and capacity building. In the textile industry, foreign direct investment has been substantially in the form of USD 4 billion so far as national investment is concerned showing that other nations have placed their trust in the Indian manufacturing sector in addition to the Indian market potential in coming up with substantial investment in future.
Key Segments/Sectors
- Cotton Textiles: This includes spinning, weaving and cotton processing of yarns and fabrics, the biggest part with India the major cotton producer and consumer of the world.
- Synthetic Fiber / Man-Made Fibers: Polyester, nylon, Viscose, and acrylic textiles used in fashion, technology and industrial as well wearable applications with increasing market share.
- Jute & Natural Fibers: Traditional segment deals with jute, silk, wool, products made of natural fiber, maintaining the traditional craftsmanship in accordance with the modern requirements.
- Apparel and Garments: Pre-prepared clothes production of local retail companies and export industries, simple clothing, and fashion designer apparel.
- Home Textiles: Bed linen, curtains, towels, carpets, furnishing fabrics, used in the hospitality, residential and commercial interior decoration needs.
- Technical Textile: High-performance fabrics used in medical, automobile, agriculture, sports, and industrial applications which is the most rapidly growing high-value market.
India’s Role in Global Textile Exports
India plays a significant role in global textile exports, accounting for around 3.9% of the world market in 2025. In FY 2023‑24, textile and apparel exports (including handicrafts) reached over US$34.4 billion, contributing roughly 8.6% of India’s total merchandise exports. Knitted apparel exports grew by about 14.3% to US$7.7 billion, with nearly 29% of exports going to the United States.
While India ranks as the 6th-largest global exporter, it still trails behind leaders like China and Bangladesh. Its strengths lie in a large manufacturing base, skilled labor, and specialization in high-value segments, positioning India as a strategic alternative for global buyers seeking diversified sourcing.
Top 10 Textile Companies in India – Popular Ones
| Name | Market Cap | Core Segment | Domestic vs Export Focus | Stock Price Range |
| Welspun India | ₹18,500 Cr | Home textiles, bed & bath linen | 80% Export, 20% Domestic | ₹140-₹165 |
| Arvind Limited | ₹6,800 Cr | Denim, apparel, technical textiles | 60% Domestic, 40% Export | ₹280-₹340 |
| Vardhman Textiles | ₹12,200 Cr | Yarn, fabrics, cotton spinning | 70% Domestic, 30% Export | ₹430-₹480 |
| Trident Limited | ₹8,900 Cr | Yarn, home textiles, paper | 65% Export, 35% Domestic | ₹32-₹38 |
| Indo Count Industries | ₹4,500 Cr | Home textiles, bed sheets | 90% Export, 10% Domestic | ₹250-₹290 |
| Raymond Limited | ₹7,300 Cr | Suiting fabrics, shirting, denim | 75% Domestic, 25% Export | ₹1,850-₹2,100 |
| Alok Industries | ₹3,200 Cr | Fabrics, garments, home textiles | 70% Export, 30% Domestic | ₹18-₹24 |
| KPR Mill | ₹9,600 Cr | Knitwear, garments, yarn | 85% Export, 15% Domestic | ₹750-₹850 |
| Bombay Dyeing | ₹2,800 Cr | Home textiles, bed linen, towels | 55% Domestic, 45% Export | ₹145-₹170 |
| Himatsingka Seide | ₹2,400 Cr | Home textiles, luxury fabrics | 85% Export, 15% Domestic | ₹180-₹215 |
Top 20 Textile Companies in India (2026 Edition)
1. Welspun India Limited
- Founded In: 1985
- Founder: B.K. Goenka
- Ratings: 4.2/5
- Parent Organization: Welspun Group
- Number of Employees: 26,000+
Welspun India Limited is among the leading players in the Indian textile business that deals in home textile production with world-class manufacturing plants. The company has become a global leader in terry towels and bed linen, leader in terms of providing innovative products to the large international retailers.
Welspun operates state of the art manufacturing facilities distributed throughout India and therefore has continuously challenged all limits of sustainability, technology integration, and product innovation, thus making it a desirable business partner to Fortune 500 corporations all over the globe.
Key Products:
- Terry towels & bathrobes
- Bed sheets & linen
- Rugs & carpets
- Branded home textiles
USP/Key Highlights: India is the largest home textiles exporter, reaching 50+ global markets; the first with sustainability, large amounts of organic cotton and recycled fibers and fabrics; highly active research and development with innovation in fabrics technology, including strategic alliances with major international retailers Wal-Mart, Target and Amazon.
Company Details:
- Website: www.welspunindia.com
- Address: Welspun City, Village Versamedi, Anjar, Gujarat 370110
- Phone No: +91-2836-660400
2. Arvind Limited
- Founded In: 1931
- Founder: Kasturbhai Lalbhai
- Ratings: 4.0/5
- Parent Organization: Lalbhai Group
- Number of Employees: 32,000+
Arvind Limited is the embodiment of textile tradition and modern improvement; it is the textile giant denim knee-cap producer of India and one of the largest textile corporations of India. The company has spread itself into various textile divisions such as advanced materials, branded clothes, and engineering.
Arvind has engaged in sustainable manufacturing, technological superiority, and vertical integration, which have made it become a reliable supplier of fashion brands around the world in efforts to find quality denim and creative fabrics to address various usages.
Key Products:
- Denim fabrics & garments
- Shirting & suiting materials
- Technical & smart textiles
- Branded casual wear
USP/Key Highlights:The biggest denim producer in Asia with capacity of 110 million meters per year; the first manufacturer to take technical textiles in protection wear, strong brand company with Flying machine, Unlimited and Cherokee; large retail chain with 200 plus Indian city network.
Company Details:
- Website: www.arvind.com
- Address: Naroda Road, Ahmedabad, Gujarat 380025
- Phone No: +91-79-68267000
3. Vardhman Textiles Limited
- Founded In: 1965
- Founder: S.P. Oswal
- Ratings: 4.1/5
- Parent Organization: Vardhman Group
- Number of Employees: 28,000+
Vardhman Textiles Limited is a vertically integrated textile giant and one of the top textile companies in India; it leads in spinning, weaving, processing, and manufacturing yarn and fabrics. Its commitment to quality, adoption of modern technologies, and operational excellence has made it the largest manufacturer of cotton and acrylic yarn in India.
The company’s modern manufacturing plants are equipped with advanced machinery from Switzerland, Germany, and Japan, ensuring high-quality production that meets stringent international standards.
Key Products:
- Cotton & blended yarn
- Acrylic yarn & fiber
- Woven & knitted fabrics
- Sewing threads
USP/Key Highlights:Biggest Indian textile manufacturer in terms of cotton yarns production capacity of over 2 million spindles; multiple export awards; high levels of automation, cutting down the expenses of production; consistent vertical integration, which offers quality control at all levels.
- Company Details:
- Website: www.vardhman.com
- Address: Vardhman Premises, Chandigarh Road, Ludhiana, Punjab 141010
- Phone No: +91-161-5039000
4. Trident Limited
- Founded In: 1990
- Founder: Rajinder Gupta
- Ratings: 3.9/5
- Parent Organization: Trident Group
- Number of Employees: 22,000+
The history of Trident Limited makes it stand out among other textile firms in India due to its convergence in the production of yarn, home textiles and paper at its colossal site in Punjab. The company has created a reputation on the production of high quality terry towels, bed linen and yarn that has placed it into a position where it serves the global markets with great distinction.
Backwards integration, energy efficiency which captive power generation, and sustainability have provided Trident with competitive advantages in terms of prices and reliability to its customers throughout the world.
Key Products:
- Terry towels & bathrobes
- Yarn (cotton & blended)
- Bed linen & sheets
- Paper & chemicals
USP/Key Highlights:The largest integrated textile unit in one roof occupying 600 acres; ISO compliant processes and having no liquid discharge; captive power plant that keeps production going; exports in 80 plus countries and with a big retail outlet association.
- Company Details:
- Website: www.tridentindia.com
- Address: Trident Complex, Sanghera, Barnala, Punjab 148101
- Phone No: +91-1679-246500
5. Indo Count Industries Limited
- Founded In: 1988
- Founder: Anil Kumar Jain
- Ratings: 4.0/5
- Parent Organization: Independent
- Number of Employees: 9,500+
Among the companies involved in the textile industry in India, Indo Count Industries Limited has managed to position itself as a manufacturer of specific home textile industry involving bed sheets and fashionable bedding products only. The strategic positioning of the company as a high-end product provider to the leading US and European retailers has provided the company with steady growth and profitability.
The investments of Indo Count into design capability, into the fashion trends research and manufacturing excellence made it a company which is chosen as a sourcing partner among international buyers with high preferences as to contemporary designs.
Key Products:
- Fashion bed sheets
- Utility bedding products
- Quilts & comforters
- Bedding solutions at an institution level.
USP/Key Highlights:The top bed sheet exporter in India whose 90% of income comes mainly at the international market: Thriving design studio which produces 5000+ designs each year; high technology digital printing; good customer rapport with Walmart, Target and Costco.
Company Details:
- Website: www.indocount.com
- Address: 301-302, 3rd Floor, Arcadia, Nariman Point, Mumbai, Maharashtra 400021
- Phone No: +91-22-66136000
6. Raymond Limited
- Founded In: 1925
- Founder: Lala Kailashpat Singhania
- Ratings: 4.1/5
- Parent Organization: Raymond Group
- Number of Employees: 30,000+
Raymond Limited belongs to a textile company with almost a century of involvement with premium suiting fabrics and men fashions and is a legendary brand in the Indian market. The company has transformed conventional textile production in such a way that it has become a versatile lifestyle enterprise and this includes fabrics, apparel, retail and real estate. Its quality craftsmanship, fashion conscious designs and branding endeavors have not only made Raymond the most noticed brand in the fabrics industry in India but a trusted brand in regards to formal wear and other special events.
Key Products:
- Suiting & shirting fabrics
- Ready-made garments
- Denim & casual wear
- Luxury ethnic wear
USP/Key Highlights:Largest and oldest integrated worsted suiting producer; 100-year brand history; 1,500 plus stores chain; vertically integrated; positioning at top in the menswear market.
Company Details:
- Website: www.raymond.in
- Address: JK House, Sayani Road, Prabhadevi, Mumbai, Maharashtra 400025
- Phone No: +91-22-66142000
7. Alok Industries Limited
- Founded In: 1986
- Founder: Ashok Jiwrajka & Dilip Jiwrajka
- Ratings: 3.7/5
- Parent Organization: Reliance Industries (acquired)
- Number of Employees: 18,000+
Alok Industries Limited is a scale and diversity textile company in India and an integrated textile producer focused at manufacturing fabrics, garments, and home textiles to be used by world textile markets. Its overall manufacturing strength including synthetic and cotton textile allows it to cater to a wide range of needs of customers in both fashion and utility markets.
Since it was acquired by Reliance Industries, Alok has experienced changes in its operations that resulted in greater efficiency, quality and level of competitiveness in the global textile trade.
Key Products:
- Polyester & cotton fabrics
- Ready-made garments
- Home textiles & furnishings
- Technical fabrics
USP/Key Highlights:Spinning, weaving, processing, and garmenting integrated operations, exports to 50 plus countries on the different continents, capability to produce 350 million meters fabric per year, strategic acquisition with financial stability and growth prospects.
Company Details:
- Website: www.alokind.com
- Address: Alok House, Plot No. 519-521, Udyog Vihar Phase V, Gurgaon, Haryana 122016
- Phone No: +91-124-4852100
8. KPR Mill Limited
- Founded In: 1984
- Founder: P. Natarajam
- Ratings: 4.3/5
- Parent Organization: Independent
- Number of Employees: 38,000+
KPR Mill Limited has created an outstanding presence among the textile firms in India via vertical integration which includes cotton ginning to the manufacturing of completed garment. The company operates in the textile industry in Tamil Nadu, one of the textiles hubs of the country, and thrives in producing knitwear to world brands, with cost leadership achieved through optimization in operations.
As having employee welfare, sustainable operations, and permanent capacity growth as its priorities, KPR has not had to worry much, allowing it to perform reliably and make a trusted partner to international retailers interested in fashionable casual clothes and inner wear.
Key Products:
- Knitted garments
- Cotton yarn
- Processed knitted fabrics
- Intimate apparel
USP/Key Highlights:Knitwear manufacturer and exporter in Tamil Nadu region; vertically integrated in the procurement of cotton to dispatch of garments; recipient of several export excellence awards and high wind of women employment with 70 percent female labor force; certified in ISO and OEKO-TEX.
Company Details:
- Website: www.kprmill.com
- Address: KPR Towers, 385, Mission Road, Cantonment, Coimbatore, Tamil Nadu 641001
- Phone No: +91-422-4344444
9. Bombay Dyeing & Manufacturing Company Limited
- Founded In: 1879
- Founder: Nowrosjee Wadia
- Ratings: 3.8/5
- Parent Organization: Wadia Group
- Number of Employees: 8,500+
Bombay Dyeing is the textile heritage and brand legacy amidst other textile industries in India as they have served the household in India over 140 years with quality home products like textile and furnishing fabrics. The company has moved on not only to the conventional manufacturing business but also to branded retail that targets the bed linen, towels and home fashion products.
The high brand recall, the wide network of distribution with the focus on the modern designs but maintaining the quality level have helped Bombay Dyeing to retain its market position through the generations of Indian consumers.
Key Products:
- Bed linen & sheets
- Bath towels & bathrobes
- Suiting & shirting fabrics
- Home furnishing materials
USP/Key Highlights:Indian oldest textile brand with 140 years history; good retail presence in 500 plus multi-brand stores; has owned retail stores in prime areas; real estate development which gives it the financial power and household brand trust among the Indian markets.
Company Details:
- Website: www.bombaydyeing.com
- Address: Neville House, J.N. Heredia Marg, Ballard Estate, Mumbai, Maharashtra 400001
- Phone No: +91-22-66656565
10. Himatsingka Seide Limited
- Founded In: 1985
- Founder: Shrikant Himatsingka
- Ratings: 4.0/5
- Parent Organization: Independent
- Number of Employees: 11,000+
Himatsingka Seide limited has established itself as an Indian textile company specializing in luxury home textiles and designs high quality bed and bath products to its select customers all over the world. The sophisticated designs, fine fabrics and perfect finishing of the company has made it a partner in exclusive designs among the luxury hotels and high end retailers all over the world.
The brands that Himatsingka owns such as Atmosphere, Haus and Kinder and D Decor serve for a premium domestic market, with exports reporting as the largest source of its revenues in the North American and European consumers.
Key Products:
- Luxury bed linen
- Designer bath textiles
- Sheeting fabrics
- Home fashion products
USP/Key Highlights:Strong brand portfolio in the high end market, owned by plain luxury hotels such as Four Seasons, Ritz Carlton, and Marriott; highly developed manufacturing plant, with European equipment; exports to over 40 countries with special attention to quality markets.
Company Details:
- Website: www.himatsingka.com
- Address: Himatsingka House, 96, Residency Road, Bangalore, Karnataka 56002
- Phone No: +91-80-40410000
11. Grasim Industries Limited (Textiles Division)
- Founded In: 1947
- Founder: Seth Shantilal Patodia (under Aditya Birla Group)
- Ratings: 4.2/5
- Parent Organization: Aditya Birla Group
- Number of Employees: 12,000+ (Textiles division)
Grasim Industries textile division is the form of corporate excellence among textile industries in India, which produce viscose staple fiber and viscose filament yarn which has diverse use. Being a subsidiary of Aditya Birla Group, Grasim enjoys the advantages of global practices in management, investments in technologies, and sustainability orientation.
The company products are used by the apparel, home textile producers and technical textile producers all over the world with high quality that has made Grasim the largest manufacturer of viscose staple fiber and major industry player in man-made fiber.
Key Products:
- Viscose staple fiber
- Viscose filament yarn
- Technical grade fibers
- Specialty viscose products
USP/Key Highlights:India’s largest producer of viscose staple fiber; subsidiary of USD 60 billion conglomerate Aditya Birla Group; advanced production plant; well-adopted sustainable production with closed loop processes; portfolio of 30M countries worldwide.
Company Details:
- Website: www.grasim.com
- Address: Aditya Birla Centre, S.K. Ahire Marg, Worli, Mumbai, Maharashtra 400030
- Phone No: +91-22-66527000
12. Sutlej Textiles and Industries Limited
- Founded In: 1984
- Founder: K.R. Bagrodia
- Ratings: 3.9/5
- Parent Organization: Independent
- Number of Employees: 14,000+
Sutlej Textile and Industry Limited is one of the textile firms in India that is an integrated textile producer of yarns, home textiles and technical textiles with good export orientation. The company has production sites in Punjab that use the modern technology in spinning, weaving, and processing of its products to customers both in the domestic and global markets.
The aspect of quality, customer service and operational efficiency observed by Sutlej has established long term relationships with international customers who want to find reliable suppliers of Indian textiles in all the categories of products.
Key Products:
- Cotton & blended yarn
- Home textile products
- Terry towels
- Woven fabrics
USP/Key Highlights:Spinning to final goods vertically integrated operations; robust presence in European and American markets; ISO and OEKO-TEX certified plants; captive power production that allows providing cost efficiency; stable dividend-paying firm with stable financials.
Company Details:
- Website: www.sutlejtextiles.com
- Address: Sutlej House, Near Octroi Post, Baddi, Himachal Pradesh 173205
- Phone No: +91-1795-244000
13. Century Textiles and Industries Limited
- Founded In: 1897
- Founder: R.D. Tata (under B.K. Birla Group)
- Ratings: 4.0/5
- Parent Organization: B.K. Birla Group
- Number of Employees: 8,000+ (Textiles division)
Century Textiles is one of the symbols of heritage and diversification within the textile businesses in India, where the textile production company is residing alongside cement and pulp producing companies under the B.K. Birla Group. Among the top textile companies in India, Century Textiles focuses on high-quality fabrics, shirting fabrics, and denim for both domestic and export markets.
The synergies and brand awareness that Century has built over many years in the Indian textile industry have helped it remain competitive despite industry shifts and new competition.
Key Products:
- Premium shirting fabrics
- Denim materials
- Suiting fabrics
- Technical textiles
USP/Key Highlights:More than a hundred and twenty-five years of textile production experience; belonging to the reputable B.K. Birla Group; leadership in the shirting market segment; well-known brand reputation in the local markets; diversified business cycle eliminating the risks related to the industry.
Company Details:
- Website: www.centurytextind.com
- Address: Century Bhavan, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra 400030
- Phone No: +91-22-24301221
14. Siyaram Silk Mills Limited
- Founded In: 1978
- Founder: Ramesh Poddar
- Ratings: 3.8/5
- Parent Organization: Independent
- Number of Employees: 3,500+
Siyaram Silk Mills Limited has sustained good brand presence in the textile companies in India due to its specific approach towards branded fabrics and retail delivery in the nation. The company produces and sells various lines of fabrics such as polyester, viscose, wool/cotton mix, etc that focus on aspirational Indians.
This large network of dealers, aggressive marketing campaigns, and product innovation in line with regional tastes and preferences has seen Siyaram become a household name in the suiting and shirting business in both tier-2 and tier-3 cities.
Key Products:
- Suiting fabrics
- Shirting materials
- Branded readymade garments
- Ethnic wear fabrics
USP/Key Highlights:Major brand fabric company with pan-India presence; 35,000-plus retail touchpoints; strong brand portfolio, i.e., Siyarams, Oxemberg, and J.Hampstead; focused marketing that generates brand visibility; and in the branded readymade segment.
Company Details:
- Website: www.siyaram.com
- Address: Siyaram House, Govandi Station Road, Deonar, Mumbai, Maharashtra 400088
- Phone No: +91-22-66788888
15. Nahar Industrial Enterprises Limited
- Founded In: 1960
- Founder: Surendra Kumar Nahata
- Ratings: 3.7/5
- Parent Organization: Independent
- Number of Employees: 6,500+
Amongst the textile companies in India, Nahar Industrial Enterprises Limited has been able to establish itself in spinning, weaving, and processing sectors by making quality yarn and fabrics to its domestic and international customers.
The company is located in the textile center of Ludhiana, Punjab, as the city is carded with a predisposed ecosystem such as skilled workforce, ancillary industries and even availability of raw materials. Its attention to operational excellence, on time deliveries and customer satisfaction has earned Nahar a steady client base in the yarn trading as well as fabric manufacturing businesses despite the high competition.
Key Products:
- Cotton & blended yarn
- Woven fabrics
- Processed textiles
- Trading operations
USP/Key Highlights:Vertically integrated plants in Punjab textile belt; high level of export performance to Middle East and African markets; good network of trading inside the domestic country; balanced portfolio of products and balanced the risk factors; emphasis on working capital efficiency and managing debt.
Company Details:
- Website: www.nahargroup.com
- Address: Nahar House, Sant Kanwar Ram Nagar, Bhai Randhir Singh Nagar,Ludhiana, Punjab 141012
- Phone No: +91-161-2772000
16. Loyal Textile Mills Limited
- Founded In: 1978
- Founder: Nanaji Ganeshprasad Purohit
- Ratings: 3.9/5
- Parent Organization: Independent
- Number of Employees: 4,200+
Among the top textile companies in India, Loyal Textile Mills Limited specializes in manufacturing denim fabrics for both domestic and global apparel clients, offering high-quality stretch and non-stretch denim products. Its manufacturing plant in Rajasthan uses modern European machinery to produce various types of denim tailored to the fashion industry’s demands.
Loyal’s focus on speed, consistency, and affordable pricing has enabled strong partnerships with key garment producers and brands seeking a trusted denim supplier within the Indian subcontinent.
Key Products:
- Denim (stretch/regular) fabrics.
- Ring denim
- Selvedge denim
- Colored denim varieties
USP/Key Highlights:Niche denim producer that has an annual capacity of more than 30 million meters; high-tech plant with Italian and Japanese equipment; good coverage of sustainable denim market; its products are exported to Bangladesh, Sri Lanka, and Middle East garment manufacturing centres.
Company Details:
- Website: www.loyaltextiles.com
- Address: Loyal House, Khasra No. 395, Neemrana, Alwar, Rajasthan 301705
- Phone No: +91-1494-666000
17. Sangam (India) Limited
- Founded In: 1984
- Founder: B.L. Saluja
- Ratings: 4.0/5
- Parent Organization: Independent
- Number of Employees: 15,000+
Sangam (India) Limited is a textile company based in India which is a vertically integrated manufacturer of denim, yarn among the textile companies owned by Indian and has all-over facilities in spinning, weaving, dyeing, and finishing.
The company has made its mark as a major player in the denim market, manufacturing a wide range of fashions such as stretch denim, organic denim, and functional finishes on the denim item. Environmental benefits have been generated due to sustainability projects Sangam has made in the areas of water recycling and energy efficiency without the need to compromise on cost competitiveness in the international markets.
Key Products:
- Denim fabrics
- Cotton & blended yarn
- Shirting & sheeting
- Sustainable textiles
USP/Key Highlights:Integrated manufacturing of denim on large scales of 96 meters annually; specialization in sustainable and organic denim production; ISO, GOTS and OEKO-TEX certified; exports to 45 and above countries; resource saving water recycling plant.
Company Details:
- Website: www.sangamgroup.com
- Address: Atun, Chittorgarh, Rajasthan 312001
- Phone No: +91-1472-247100
18. Ginni Filaments Limited
- Founded In: 1975
- Founder: Shri Kewal Singh Gill
- Ratings: 3.6/5
- Parent Organization: Independent
- Number of Employees: 2,800+
Among the textile companies in India, Ginni Filaments Limited specialises in the production of polyester and blended yarn, and is involved in the industry of weaving and knitting with its products distributed throughout the country. The specialization in the draw texturized yarn (DTY) and partially oriented yarn (POY) allows the company to meet the needs of the synthetic textile industry.
Ginni is strategically located in Punjab, has invested in modern texturizing machinery and oriented on consistent quality and this has created a stable customers base in domestic markets yet the company is struggling with larger integrated companies, as well as the volatility in polyester prices.
Key Products:
- Draw texturized yarn (DTY)
- Partially oriented yarn (POY)
- Blended yarns
- Twisted yarns
USP/Key Highlights:Established force within synthetic yarn market and segment; cutting edge texturising and twisting plants; powerful domestic distribution centres; concentrating in niche applications specialised yarns; sets close to textile manufacturing hubs in Punjab.
Company Details:
- Website: www.ginnifilaments.com
- Address: Village Dhanora, G.T. Road, Moga, Punjab 142001
- Phone No: +91-1636-505505
19. Spentex Industries Limited
- Founded In: 1986
- Founder: K.C. Mehra
- Ratings: 3.7/5
- Parent Organization: Independent
- Number of Employees: 5,000+
Spentex Industries Limited is one of the textile firms based in India, that specialize in producing polyester staple fiber, yarn and fabrics with full backward integration. The company’s manufacturing plants in Uttarakhand and Himachal Pradesh have modern technology in its polymerization, spinning, texturizing activities, and weaving.
The target domain of Spentex is the synthetic textile occupation in apparel goods and home textile collections, the captive power generation division and the waste heat recovery department, which has produced functional effectiveness in the competitive man-made fiber division.
Key Products:
- Polyester staple fiber (PSF)
- Polyester yarn (POY/DTY)
- Polyester fabrics
- Developed polyester products.
USP/Key Highlights:Complete polyester plant (PTA to finished fabrics); power plant within the property to save on energy expenses; ISO-approved manufacturing; attention to technical grade polyester in the industry; strategic location in the northern India textile belt.
Company Details:
- Website: www.spentex.net
- Address: 5th Floor, Hansalaya Building, Barakhamba Road, New Delhi 110001
- Phone No: +91-11-23311541
20. Lux Industries Ltd.
- Founded In: 1995 (heritage from 1957’s Biswanath Hosiery Mills)
- Founder: Late Shri Girdhari Lal Todi
- Parent Organization: Independent / Lux Group
- Number of Employees: 4,000+ (as of 2025)
Lux Industries Ltd. is a leading player in India’s hosiery and knitwear segment, specialising in innerwear and outerwear for men, women, and children. The company produces over 1.2 million garments per day across nine modern manufacturing facilities. Lux holds approximately 15% market share in India’s organised men’s innerwear market.
Key Products:
- Innerwear & outerwear for men, women, children
- Hosiery & knitwear garments
- Multi‑brand portfolio including “Lux Venus”, “Lux Cozi”, “ONN”, “GenX”
USP/Key Highlights:
- 100% in‑house production from yarn to finished garment
- Manufacturing capacity of over 1.2 million garments/day across state‑of‑the‑art plants in West Bengal, Tamil Nadu, Punjab & Uttar Pradesh
- Export presence in 46+ countries; holds “Star Export House” status from Ministry of Commerce & Industry in India
Company Details:
- Website: www.luxindustries.com
- Address: Dankuni & other units; corporate address at Kolkata / West Bengal region
- Phone No: +91‑97871‑00030 (Corporate/Manufacturing contact)
Textile Stocks & Investment Overview
Snapshot of Listed Companies and Market Capitalisation
The aggregate market capital of the Indian textile industry is above ₹1.2 lakh crores. Indian textile companies lay out numerous investment opportunities of investments of different market sizes:
- One of India’s largest vertically‑integrated textile manufacturers.
- Broad capacity across yarns, fabrics, and threads giving consistency, traceability and scale
Best-Performing Textile Stocks (2024-25)
Top Gainers:
- KPR Mill (+45%): Strong export demand, potential, benefits of vertical integration.
- Welspun India (38): Sustainable products, capacity usage, retail relationships.
- Indo Count(+35): US revitalization of demand, concentration of fashion bedding, invention of design.
- Trident (+32): Gain in its volume, growth of export, declining debt.
- Vardhman (+28): No variation in Realizations, 2.5% yielding dividends, additions of capacities.
Growth drivers: the government, export recovery, sustainability focus, currency benefits.
Stocks Below ₹100
- Trident (₹32-38) – Integrated manufacturer; strong fundamentals; regular dividends
- Alok Industries (₹18-24) – Reliance acquisition; turnaround play; high risk
- Ginni Filaments (₹45-55) – Synthetic yarn; reasonable valuations
- Nahar Industrial (₹58-68) – Stable operations; limited growth
- Spentex (₹72-85) – Polyester manufacturer; asset backing
- BSL Limited (₹35-42) – High volatility; risk-tolerant investors only
Caution: Price wars are not a good omen of success in business. Serious due diligence before investments.
Textile Exports from India
India’s Main Export Destinations
Textile companies in India exported USD 44.4 billion worth goods in 2024-25:
Major Markets:
- USA (27% – USD 12 billion) – Home textiles, apparel, yarn; greatest destination.
- EU (18% – USD 8 billion), Germany, UK, Spain; luxury fashion and furnishing.
- UAE (USD 2.5 billion)- Middle East entry point; re-export point.
- Bangladesh (USD 2+ billion) – Garment industry yarn and fabrics.
- Others are China, Vietnam, Saudi Arabia, South Africa, Australia, Canada.
Geographical diversification minimizes market-related risks and limits opportunities maximization.
Export Data Trends 2024-25
Performance Overview:
- Total exports: USD 44.4 billion (8ppt growth per annum)
- Reverberating on the good years of the past.
- Cotton textile: USD 15 billion (average demand)
- Man-made fabrics: USD 20 billion (new division)
- Ready-to-wear: USD 16 billion (fashion recovery)
- Home textiles: USD 6.5 billion (good US/EU demand)nd)
Key Trends:
- The market share is taken up by ecologically sound/ organic products.
- The technical textile Expo increased at 15%.
- Direct exportation via e-commerce.
- Shifting to value based products and not commodities.
- Large fabric buyers are becoming Bangladesh and Vietnam.
Challenges:
- Bangladesh, Vietnam, China Threat of substitutes, competition.
- The rising prices of inputs impact the margins.
- Currency volatility competitiveness.
- Standards of developed market execution.
Government Schemes Promoting Exports
- RoDTEP (Remission of Duties and Taxes on Exported Products): Compensates exporters for embedded indirect taxes and levies. Rates for eligible products range from ~0.3 % to ~4.3 % of FOB value.
- Production Linked Incentive (PLI) Scheme for Textiles: Outlay of ₹10,683 crore for five years; launched 24 Sep 2021; incentivises manufacturing in MMF apparel/fabrics and technical textiles.
- RoSCTL (Rebate of State and Central Taxes and Levies): Provides rebates for apparel, garments and made‑ups by reimbursing embedded state & central taxes.
- PM MITRA (Mega Integrated Textile Region and Apparel) Parks: 7 integrated textile & apparel parks approved with outlay of ₹4,445 crore to develop value‑chain infrastructure.
Conclusion
Textile companies in India are also portraying tremendous resiliency and growth opportunities in the face of the global uncertainties in 2026 and the Indian textile industry is at an exhilarating juncture. The USD 165 billion market value and its 45 million plus employees have seen the sector grow and this has happened under the support of the government, through PLI schemes, infrastructural development and export incentives.
The major rivals such as Welspun, KPR Mill and Vardhman have achieved remarkable stock returns even though they have continued to provide high operational standards. Having the strategic location of India coupled with the availability of dependable manufacturing centres, availability of raw materials, low labor expenses, and growing attention to sustainability and technical textile, the industry is now set to develop as a rapidly growing one.
The geographical risks are mitigated through export diversification in the US, EU, and Asian markets, and competitive options in the world market through the government schemes such as RoTEP and PM MITRA. Textile stocks such as those in the manufacturing narrative of India will present good risk-reward prospects across market caps to investors that have an interest in being prone to India. The revolution of the sector towards non-conventional manufacturing to another which utilizes technology and the sustainability of the manufacturing industry makes this sector a pillar in the India economic development.
FAQs
What are the best 2026 textile firms to invest in India?
The strong fundamentals, export orientation and steady returns of Welspun India, KPR mill and Vardhman Textiles lead them. Indo Count and Trident have the capacity to grow both with excellent dividend distribution.
What does the present size of the Indian textile export market look like?
In 2024-25 India exported 8 percent per year USD 44.4 billion worth textiles and apparel. The USA and EU still lead in terms of 45-percent combined markets.
What are the advantages of government schemes to the textile companies in India?
PLI scheme provides the incentives of 15% and the tax of RoTEP refund leads to the interest equalization in the borrowing costs of 3-4 percent and PM MITRA creates combined parks that maximize competitiveness in the international market.
Can textile stocks be invested long-term?
Yes, long-established, well-established, well-funded, and diversified-long-term, long-term returns are provided by long-established players with long-term stability. Nevertheless, the cyclicality of the sector needs to track the prices of cotton, the fluctuations of currencies, and the demand in the world.
What are the current challenges that face textile companies in India?
Increased competition with Bangladesh and Vietnam, currency fluctuations and changes in compliance policies in foreign export markets, and re-development of technology are among the constant challenges that need strategic adaptation.