In 2018, the top garment manufacturers in India has shown great success in key areas of manufacturing, exports, sales, and employment for India’s textiles sector; contributing a great deal to the country’s GDP (Gross Domestic Product). India is now the world’s sixth largest garment exporting country in the world. The readymade garment industry in India alone, exports over $17 billion worth of products every year and is expected to expand even further. Employment in India’s garment industry has surpassed 12 million people in 2016, making it the country’s largest employment provider. This year’s employment number for Indian garment manufacturers is expected to reach 12.9 million, as the result of consistent growth in the garment manufacturing sector in India, coupled with the increasing demand for readymade garment products in India.
Over the recent decades, many leading garment manufacturers in India have also become some of the major suppliers of ready garment products for the global market.
Here is our list of top 10 leading garment manufacturers in India in 2018, based on their annual sales and market values:
1. Raymond Ltd
With a capacity of 38 million meters in wool and wool-blended fabrics, Raymond is one of the top fabric manufacturers in India and commands over 60 percent market share in worsted suiting in India, ranking amongst the first three fully integrated manufacturers of worsted suiting in the world. Producing high-value pure wool, Raymond may be the only company in the world to have a diverse product range of nearly 20,000 design and colors of suiting fabric to suit every age, occasion, and style. Raymond export products to over 55 countries including USA, Canada, Europe, Japan and the Middle East.
2. Loyal Group
Loyal Group is one of the largest textile and garment groups in India, providing an array of products and services for textile and apparel industries. Loyal Group comprises of three composite mills, one spinning mill, one dye house, four garment manufacturing units, one trading cum retailing company and a Joint Venture trading company in Italy. It is also one of the top garment exporters in India to have been awarded by the government.
3. Mandhana Industries LTD
Mandhana is a multi-divisional textile and garment manufacturer in India with multiple geographical locations. The company specializes in custom apparel manufacturing with state-of-the-art infrastructure. The scope of Mandhana’s business includes designing, yarn dyeing, weaving, processing, printing and garment manufacturing.
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4. Alok Industries Ltd
Alok Industries Ltd is a vertically integrated textile company that provides end-to-end solutions through five core sectors – cotton yarn, apparel fabric, home textiles, garments, and polyester yarn. Alok has a large customer base including domestic and international retailers, as well as garment exporters in India and some of the major international brands. They have some of the world’s biggest retailers and India’s largest manufacturers of apparel and home textiles.
5. Arvind Mill
Founded in 1931 by three brothers, Arvind Mills has long been a staple of the clothing industry in India, as a manufacturer for high-end superfine fabrics in India. Arvind has dominated the market with brand names like Arrow, Flying Machine, USPA, New Port, Mega Mart, and The Arvind Store. Over the recent years, Arvind has also diversified into other major segments such as fabrics, garments, advanced materials, chemicals and dyes, retail, engineering, telecom etc.
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6. SEL Group
SEL is one of the largest vertically integrated textile conglomerates in India and one of the top Indian garment manufacturers on many fashion and garment industry investors’ radars for 2018. With facilities from spinning, knitting, processing of yarns and fabric, to the value-added products such as terry towels and ready-made garments across its various locations in Punjab, Rajasthan, Haryana, Himachal Pradesh, and Madhya Pradesh. SEL is also one of the largest yarn and thread suppliers for European markets
7. Nahar Spinning
Nahar Spinning Mills Ltd is part of Nahar Group, it’s one of the top textile, garment manufacturers and exporters in India; specializing in producing and exporting woolen/cotton hosiery knitwears and woolen textiles. The Company has 7 multi-location plants, a range of products; over 60% of which is exported to markets in Europe, North America, South America and Asia.
8. KPR Mill
KPR Mill Limited is one of the largest vertically integrated apparel manufacturing companies in India producing yarn, knitted gray, dyed fabric and readymade garments. The company has one of the largest garment manufacturing facilities in India, with an annual capacity of 95 million units. It has also installed windmills to generate green power for captive consumption at Tamil Nadu, sufficient to meet 75% of power requirements. With windmill expansion at the forefront, KPR Mill stock prices to be a consistent topic of discussion in 2018.
9. Sutlej Textiles
Sutlej Textiles operates in all stages of textiles and garment productions. Their versatile production facilities are vertically integrated, from spinning and weaving to dyeing and finishing; including making garments. It also has operating facilities in Russia, Spain, Singapore, and Sri Lanka, and many more locations. Sutlej Textiles is one of the flagship units of the multi-product conglomerate KK Birla Group. The Group has a dominant presence in fertilizer, engineering, textiles, sugar, tea, coffee, food, products, media, information technology, biotechnology, and shipping; truly an all-encompassing global clothing manufacturer with interests in many segments.
10.Bombay Rayon Fashions Ltd
Bombay Rayon Fashions Ltd is a vertically integrated textile and garment company, engaged in the manufacturing of a wide range of fabrics and garments from state-of-the-art production facilities. Apart from being the largest shirt manufacturer in India, today, Bombay Rayon Fashions Ltd has over 38,000 employees and produces over 90 million pieces garment products per annum. A consistent contributor to India’s GDP with its high employment.
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*Edit: Update for 2018 to include updated and more relevant details for the top 10 garment manufacturers in India.