Top 10 Textile Companies in India: Indian Textile industry is very rich and popular in both organized and unorganized sectors. This industry is growing day by day. The government of India is also supporting the industry and a separate Ministry of Textiles is working for the promotion of the Indian Textile industry. When we talk about the unorganized sector then we are referring to local mills in Tirupur and other small towns near Coimbatore, Tamil Nadu. These local units are working for different big brands like Reebok and Nike.
In this article, we are considering only organized sector’s textile company. The qualifying norm for such companies is that these companies should have a great performance over the last decade in terms of turnover. However, there are other various factors of rating also irrespective of annual profit or turnover. Check crucial information related to the Top 10 Textile Companies in India 2021 -22 in this article below.
Table of Contents
List of Top 10 Textile Companies in India 2021 -22
The information regarding the top ten textile companies in India is given below. Check all the details carefully:
- Bombay Dyeing and Manufacturing Company Ltd.
- Raymond Ltd.
- The Lakshmi Mills Company Ltd.
- Arvind Ltd.
- Vardhman Textiles Ltd.
- JCT Ltd.
- Bombay Rayon Fashions Ltd.
- Grasim Industries Ltd.
- Reliance Textiles
- Karnataka Silk Industries Corporation Ltd.
Top 10 Textile Companies in India 2021-22: Complete Details
Here we have provided detailed information about the individual company. Check the following information carefully:
1. Bombay Dyeing and Manufacturing Company Ltd.
Bombay Dyeing is one of the famous names in the Indian Textile Industry. The company is very old and has written various success stories. It was established in the year 1879 by Nowrosjee Wadia. Initially, the company was dealing in Indian spun cotton yarn dip-dyed by hand, but now Bombay Dyeing is one of the big names in the Textile Industry.
The company has 350+ exclusive Bombay Dyeing Retail or 2000+ Multi Brand stores and dealing in Towels, Stylish linens, leisure clothing, home furnishing, kids wear, and a perfect range of other products also.
All products of the company come with fine quality, great design, beautiful textures with the latest trends, and hallmark finish. The company has an outstanding track record and continuously working with a motto to deliver value for money designer products.
2. Raymond Ltd.
Raymond Ltd. was established in the year 1925, with a vision to provide quality products in the Textile Industry. The company is synonymous with Qualify, Trust, and Excellence. Raymond is dealing with Textile and Apparel Sectors and it has a presence in the FMCG segment. The company is delivering great quality products across the world for the last nine decades.
People’s belief in the brand grown day by day, which helps the company to emerge as the king of the Textile Industry. There are almost 1500 stores in around 600 towns where Raymond is dealing in a beautiful range of suiting and shirting fabrics such as Cotton, Worsted fabrics, Wool Blends Linen, and Denim.
3. The Lakshmi Mills Company Ltd.
Lakshmi Mills is one of the major companies in the field of Textiles and it has proved its competence in the area of textiles. It was established in the year 1910. Mr. G. Kuppuswamy was the founder of this company. Laxmi Mills has its headquarter in Coimbatore, Tamil Nadu. The Company is the first Indian-owned Textile Company under British rule. The vision of the company i.e. sustainable standards of excellence is evident even after 100 years. The company has great financial stability and earning great profit from the market. At present, the company is dealing in weaving, textile yarn, textile garments, and spinning.
4. Arvind Ltd.
Arvind Ltd. is also an important name in the field of the Textile industry. The company is working since 1931 with a vision to change tomorrow for the better. The company has a global presence in apparel manufacturing. Arvind Ltd. is producing the best quality fabric in the world and owns 22 global patents for environmental solutions and is the largest fire protection fabric manufacturer in the country. The company is also working with 15 global apparel brands like US Polo, GAP, Tommy Hilfiger, CK, and Nautica.
5. Vardhman Textiles Ltd.
Vardhman Textiles Ltd. is a highly rated company in the textile industry. It has a significant presence in the market. The company was established in the year 1962 in Ludhiana, Punjab as Vardhman Spinning & General Mills Ltd. Shri V.S. Oswal & Shri Ratan Chand Oswal was the founder member of the company. The company started its production in 1965 with a capacity of 6000 spindles to manufacture cotton yarn. Vardhman Textile is one of the renowned names in the top 10 textile companies in India when it comes to quality, fabrics, market presence, people’s trust, and turnover.
6. JCT Ltd.
JCT Ltd. is a flagship company of Thapar Group, which is one of the leading manufacturers of textile and filament yarn. The company is operating in synthetic & blended textiles, cotton, and nylon filament yarn. It is a market-oriented company, which has a good work ethic and high standard of performance. It is important to mention here that JCT Ltd. was the first textile manufacturer in the country to introduce eco-friendly fabrics. In the year 1946, the company started its production and the textile unit of JCT Limited has grown as one the largest textile company in the country. Its product ranges comprising some of the finest cotton and blended fabrics, which has established its mark at both domestic and world markets.
7. Bombay Rayon Fashions Ltd.
Bombay Rayon Fashions Ltd. (BRFL) was established in the year 1986 and not it has become one of the finest brands in the Textile industry. Since, its inception, the company has grown manifold. BRFL is famous for its wide range of garments and fabrics from the state of art production facilities. BRFL is dealing in world-class fabric, apparel, yarn, and trims.
The fabric is one of the finest qualities in the world which Bombay Rayon is producing. Their motto is ‘Contemporary clothing for the new gen’. Similarly, the apparel of the company is comfortable, durable, and stylish. The company has earned its reputation in the market by producing quality products.
8. Grasim Industries Ltd.
In the year 1947, Grasim started its textile manufacturing business in India. Grasim Industries Limited is a flagship company of global firm Aditya Birla Group. Today, it has emerged as one of the global players in the area of the textiles industry. Grasim is one of the leading manufacturers of Viscose Staple Fibre, Linen, and Insulator entity in India. In the financial year 2021, the company has reported consolidated net revenue of Rs.76,398/- and EBITDA of Rs.15,766/-. The company’s future endeavour is to reach maximum customers and a larger section of society. Grasim has maintained its ranking to the top 10 textile companies in India by its quality product and services.
9. Reliance Textiles
When we talk about famous companies in the textile industry, then Reliance Textiles cannot be ignored. Reliance Industries Limited has its presence in the textile industry with the name ‘Vimal’. It is one of the popular brands in India. The company has its manufacturing hub at Naroda house which is one of the largest and ultra-modern textile complexes in the world. The World Bank has also recognized the achievement of the company. Vimal is the most trusted brand in India which is basically a flagship brand of Reliance Industries. The company is supplying its premium fabrics to prestigious brands and exporting to over 58 countries. Qualitative production is the key success mantra of the company.
10. Karnataka Silk Industries Corporation Ltd.
The Mysore Silk or Karnataka Silk Industries Corporation Ltd. is one of the top ten listed companies in the textile industry. The Mysore silk factory is famous for its fine quality silk which has a rich history. The Silk weaving factory in Mysore, Karnataka is owned by the Karnataka Silk Industries Corporation Ltd. (KSIC). The company was established in the year 1912 by Sri Nalvadi Krishnaraja Wodeyar, Maharaja of Mysore Province. Initially, the silk fabrics were produced for the use of the Royal family and armed forces only. After the independence, the Mysore state Sericulture Department took control of the factory. Later in the year 1980, this factory was handed over to KSIC. The company uses the finest quality of natural silk yarn, to make silk fabric.