India’s Clothing Manufacturing Industry Factsheet 2020: Top 10 Garment Manufacturers in India

top garment manufacturers in India

India’s clothing market, also known as the ready-made garment market, has enjoyed a sustainable growth of the recent decades. Many top garment manufacturers in India have also become some of the world’s leading clothing suppliers, achieving great success in key areas of clothing manufacturing, exports, sales, and employment for India’s textiles sector, as well as contributing a great deal to the country’s GDP growth in recent years.

This industry fact sheet aims to assist industry professionals, investors, consumers, or anyone that is interested in gaining insights into Indian’s clothing industry. Insights offered in this factsheet include:

  • How big is India’s clothing market size?
  • What are the factors driving the India’s clothing market growth?
  • Who are the top 10 garment manufacturers in India?
  • What are the future trends of India’s clothing and garment industry?
  • Additional supplier intelligence can be found on BizVibe’s free platform, which contains 50+ insights for thousands of public and private clothing manufacturers in India, including leading market players such as Raymond LTD, Loyal Group, and Arvind LTD.

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India Clothing and Garment Market Overview 2020

According to data from McKinsey’s FashionScope, India’s clothing and garment market is forecast to be worth over $59.3 billion in 2022, maintain its leading position as the sixth largest clothing manufacturing country in the world. This market growth is mainly driven by the growing population with higher income and the strong supportive initiatives from government. It is reported that the aggregate income of the addressable population (individuals with more than $9,500 in annual income) is expected to triple by 2025, which is expected to pose much higher demand in the clothing manufacturing industry in India.

A recent report from IBEF shows that India is now the world’s second largest exporter of textile and clothing. Increased penetration of organized retail, favorable demographics, and rising income level are likely to drive demand for textiles. Cloth production stood at 63.34 billion square meters in FY 2020 (till January 2020). India’s textiles and apparel exports are expected to increase to US$ 82.00 billion by 2021 from US$ 22.95 billion in FY 2020 (till November 2019).

Employment in India’s garment industry is now over 13 million people, making it the country’s largest employment provider. Over the recent decades, many leading clothing manufacturers in India have also become some of the major suppliers of ready-made garment products for the global market.

Key idustry trends expected to impact the global clothing manufacturing market through 2025 include the adption of new technologies such as machine learning and cut and sew robots. The evolution of sustainable dyeing will also have an increasinngly big impact, as clothing manufacturers are continually looking for natural products to reduce their carbon footprint.

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Below is the list of top 10 garment manufacturers leading the India’s clothing industry in 2020.

Top 10 Garment Manufacturers in India 2020

1.Raymond Ltd

With a capacity of 38 million meters in wool and wool-blended fabrics, Raymond is one of the top fabric producers and largest clothing manufacturers in India with over 60 percent market share 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.

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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

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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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