The textile industry is a major contributor to India’s economy, accounting for around 14% of its GDP and employing over 40 million people. With such a significant impact, it’s no surprise that there are many textile companies operating in India. In this article, we will take a closer look at some of the top textile companies in India and explore what sets them apart from the rest.
1. Lalbhadulal Group
Lalbhadulal Group is one of the largest textile manufacturers in India, with a turnover of over Rs 10,000 crore. The group has been in operation for over 50 years and operates across various segments such as cotton yarn, knitted fabrics, and garments.
One of the key factors that have contributed to Lalbhadulal Group’s success is its focus on innovation. The company constantly invests in research and development to improve its products and processes. For example, the group has developed a new type of yarn called “Eco-Spun” which is made from 100% organic cotton and is biodegradable.
2. Dharampal Industries Limited (DIL)
Dharampal Industries Limited (DIL) is another major player in the Indian textile industry, with a turnover of over Rs 7,500 crore. The company was founded in 1946 and has since expanded its operations to include various segments such as yarn, fabrics, and garments.
One of the key differentiators for DIL is its focus on sustainability. The company has implemented several initiatives to reduce its environmental impact, including the use of renewable energy sources and the adoption of sustainable manufacturing practices.
3. Raymond Limited
Raymond Limited is a leading textile manufacturer in India, with a turnover of over Rs 6,000 crore. The company was founded in 1925 and has since expanded its operations to include various segments such as yarn, fabrics, and garments.
One of the key factors that have contributed to Raymond Limited’s success is its focus on quality. The company uses only the finest raw materials and employs state-of-the-art technology to ensure that its products are of the highest standards. Additionally, the company has a strong brand image and is known for its innovative designs.
4. Shantha Group
Shantha Group is a major player in the Indian textile industry, with a turnover of over Rs 3,000 crore. The group was founded in 1978 and has since expanded its operations to include various segments such as yarn, fabrics, and garments.
One of the key differentiators for Shantha Group is its focus on technology. The company constantly invests in research and development to improve its products and processes. For example, the group has developed a new type of yarn called “Hi-Tech” which is made from advanced fibers that offer superior strength and durability.
5. Arvind Mills Limited
Arvind Mills Limited is a major textile manufacturer in India, with a turnover of over Rs 2,500 crore. The company was founded in 1963 and has since expanded its operations to include various segments such as yarn, fabrics, and garments.
One of the key factors that have contributed to Arvind Mills Limited’s success is its focus on sustainability. The company has implemented several initiatives to reduce its environmental impact, including the use of renewable energy sources and the adoption of sustainable manufacturing practices. Additionally, the company has a strong brand image and is known for its innovative designs.