India's textile sector combines rich traditional craftsmanship with modern innovation. Explore the leading textile stocks shaping this diverse industry. Data as of 4th December 2024. Source – Moneycontrol.
The textile sector is one of India's oldest industries, contributing 2% to GDP and 12% to export earnings. Segments include cotton, silk, wool, synthetic fibers, and handlooms.
Market cap: ₹51,252 Cr. Known for its exclusive license to Jockey and Speedo in India, Page Industries is a leader in the premium innerwear segment. Headquartered in Bengaluru, the company focuses on innovation and quality.
Market cap: ₹34,667 Cr. KPR Mill, based in Tamil Nadu, operates across the textile value chain, including spinning, knitting, and garments. The company is known for its eco-friendly manufacturing practices.
Market cap: ₹21,473 Cr. Swan Energy is diversified into textiles, real estate, and energy. Its textile division specializes in high-quality fabrics, contributing to its steady growth.
Market cap: ₹17,652 Cr. Trident, headquartered in Punjab, produces yarn, home textiles, and paper products. It is recognized for its sustainable practices and innovative product range.
Market cap: ₹15,500 Cr. Welspun Living, part of the Welspun Group, is a major player in the home textile segment, offering products like towels and bed linen to global markets.
Market cap: ₹12,294 Cr. Raymond is a renowned brand in India’s textile industry, producing premium woolen and blended fabrics. The company also has a strong presence in the garment sector.
Market cap: ₹11,395 Cr. Alok Industries, headquartered in Mumbai, focuses on polyester and cotton fabrics and serves markets in over 90 countries worldwide.
Market cap: ₹10,124 Cr. Arvind, a legacy player based in Gujarat, is a leader in denim manufacturing. The company also focuses on technical textiles and branded apparel.
Market cap: ₹9,593 Cr. Garware Technical Fibres specializes in technical textiles like aquaculture nets and geosynthetics, catering to industrial and agricultural markets.
Market cap: ₹7,826 Cr. PDS Limited, based in Mumbai, is a global fashion and retail solutions provider, offering design, sourcing, and manufacturing services to brands worldwide.
The Indian textile industry is diverse, ranging from traditional handlooms to modern technical textiles. Companies like Page Industries, KPR Mill, and Trident drive growth with a focus on innovation and sustainability. With a contribution of 2% to GDP and 12% to export earnings, the sector remains a key player in India's economy. Source – Moneycontrol.