As of January 2024, the net sales among India's leading textile companies were the highest for Vardhman Textiles at about 98 billion Indian rupees. In comparison, the net sales of TCNS Clothing was over 12 billion Indian rupees during the same year.
Textile and apparel industry
The textile industry is one of the organized markets in India, in fiscal year 2023, 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 100 million people in the financial year 2022. India registered as the second-largest exporter of textile yarn globally in 2021. 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.
Leading textile companies across India as of January 2024, by net sales
(in billion Indian rupees)
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Moneycontrol. (January 5, 2024). Leading textile companies across India as of January 2024, by net sales (in billion Indian rupees) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1122768/india-leading-textile-companies-by-sales-revenue/
Moneycontrol. "Leading textile companies across India as of January 2024, by net sales (in billion Indian rupees)." Chart. January 5, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1122768/india-leading-textile-companies-by-sales-revenue/
Moneycontrol. (2024). Leading textile companies across India as of January 2024, by net sales (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1122768/india-leading-textile-companies-by-sales-revenue/
Moneycontrol. "Leading Textile Companies across India as of January 2024, by Net Sales (in Billion Indian Rupees)." Statista, Statista Inc., 5 Jan 2024, https://www.statista.com/statistics/1122768/india-leading-textile-companies-by-sales-revenue/
Moneycontrol, Leading textile companies across India as of January 2024, by net sales (in billion Indian rupees) Statista, https://www.statista.com/statistics/1122768/india-leading-textile-companies-by-sales-revenue/ (last visited November 03, 2024)
Leading textile companies across India as of January 2024, by net sales (in billion Indian rupees) [Graph], Moneycontrol, January 5, 2024. [Online]. Available: https://www.statista.com/statistics/1122768/india-leading-textile-companies-by-sales-revenue/