Leading textile companies India FY 2019 by sales revenue

In the financial year 2019, the annual sales revenue among India's leading textile companies was the highest for SRF at about 6.4 billion U.S. dollars. SRF Limited, a leading manufacturing company, produces technical textiles, fibers, chemicals, packaging films, and engineering plastics. India's textile industry accounts for approximately thirteen percent of the industry's production output in terms of value.

Textile and apparel industry

The textile industry is one of the organized markets in India, in fiscal year 2019, the value for readymade garments was higher than cotton yarn. Over the years, the industry has shown tremendous growth, and with the current trend, the market value was estimated to double by 2026.

Yarn production

The textile market contributed approximately two percent to India's GDP and employed an estimated 45 million people in the financial year 2019. India registered as the second-largest exporter of textile yarn globally in 2018. With a steady volume of yarn production recorded in recent years, cotton spun yarn was the most produced type of yarn across India. Fabrics, fibers, and filaments constituted the major exported textile products by value.

Role of e-commerce

The late 2010s witnessed the prolific growth of online sales. By 2016, online sales for apparel and footwear was second only to consumer electronics. Among the leading online platforms for e-commerce, Amazon was the most preferred apparel platform for online sales followed closely by Flipkart.

Leading textile companies across India in financial year 2019, by sales revenue

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Sources

In cooperation with
Wazir
Release date

January 2020

Region

India

Survey time period

FY 2019

Special properties

consolidated values.

Supplementary notes

India's financial year starts in April and ends in March. For example, FY 2019 started in April 2018 and ended in March 2019.

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Statistics on "Apparel market in India"

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