Did you know India’s textile sector is on track to become the country’s second-largest employment sector after agriculture, with the government aiming for a $250 billion industry by 2030? And here’s the genuinely interesting bit, the India-UK Free Trade Agreement signed in July 2025 just wiped out that painful 9.6% apparel tariff, opening up a $1 billion incremental export opportunity basically overnight. So let’s get into the top 10 textile companies in India 2026.
1. Vardhman Textiles
Vardhman’s genuinely the biggest name in the room, headquartered in Ludhiana and founded back in 1973, it’s India’s largest vertically integrated textile manufacturer and one of Asia’s largest yarn producers, with capacity exceeding 2 million spindles. They produce over 650 metric tonnes of yarn every single day, supplying threads to global giants like GAP and H&M. What genuinely stands out here is the balance sheet, a debt-to-equity ratio of almost zero at 0.01, and a P/E of around 17.54 that makes it one of the more reasonably priced picks in the whole sector.
2. KPR Mill
KPR Mill’s arguably the best-managed company on this entire list, it’s India’s most vertically integrated apparel company, handling spinning, weaving, knitting, dyeing, and garment manufacturing all under one roof. That integration gives it a genuine 35-40% cost advantage over competitors who aren’t set up the same way, and revenue’s been growing at a healthy 20-25% annually, largely riding the China-plus-one wave through its European client relationships. It’s clean, consistent, and dividend-paying, honestly not flashy, but genuinely reliable.
3. Welspun Living
Welspun’s the name behind the towels and bedsheets sitting in your Walmart, Target, and IKEA, it’s a genuine global leader in home textiles, operating out of its massive Anjar facility in Gujarat. With annual revenue around ₹6,828 crore and over 22,194 permanent employees, it’s one of the clearest beneficiaries of that structural China-plus-one shift, global retailers have been actively moving supply chains out of China since 2020, and Welspun’s been scooping up a lot of that business.
4. Trident Group
Trident’s a genuinely fascinating conglomerate, founded in 1990 under Rajinder Gupta, and it’s grown into the largest home textile manufacturer in the world by some measures. Beyond textiles, they’ve diversified into paper, chemicals, and captive energy too, which gives them a level of insulation that pure-play textile companies don’t have. With around 90% of revenue coming from exports and annual revenue north of ₹5,394 crore, Trident’s genuinely one of the most export-dependent names on this list, which cuts both ways depending on global demand cycles.
5. Arvind Limited
Arvind’s the name behind a huge chunk of the world’s denim, founded way back in 1931, and it’s also the company that brought Tommy Hilfiger, Nautica, and Calvin Klein brand licensing into India. Its 3-year revenue CAGR of 44.9% is genuinely impressive, though the P/E around 49x means the market’s already pricing in a lot of that growth, leaving less room for error if things slow down.
6. Raymond Limited
Raymond’s the brand practically synonymous with high-end suiting in India, but it’s actually a genuinely diversified conglomerate spanning textiles, FMCG, engineering, and even prophylactics internationally. With annual revenue around ₹6,767 crore, it’s one of the most trusted long-term picks in the sector, and it’s consistently named alongside Vardhman and Page Industries as a strong choice specifically for long-term investors who want brand equity plus manufacturing scale.
7. Page Industries
Page Industries is genuinely a different kind of business, it’s the exclusive Jockey and Speedo licensee in India, with revenue around ₹4,500 crore and EBITDA margins above 22%, seriously impressive for this sector. This is the branded, premium end of Indian textiles, where you’re paying for brand recognition and licensing rights rather than pure manufacturing scale, and it’s considered the highest-quality consumer brand play among all the major textile stocks.
8. Indo Count Industries
Indo Count’s a Mumbai-based bedding specialist founded in 1988, and it runs a genuinely clever asset-light model, prioritising design, branding, and distribution over heavy manufacturing infrastructure. They export bed linen to 54 countries and have become a leading supplier specifically to the massive US market, proving you don’t always need to own every factory to compete at scale.
9. Grasim Industries (Aditya Birla Group)
Grasim’s fibre and yarn business is a genuinely major piece of India’s textile ecosystem, particularly through viscose staple fibre production, which feeds into countless downstream textile applications. Being part of the broader Aditya Birla conglomerate gives Grasim access to capital and diversification that standalone textile players simply don’t have.
10. Himatsingka Seide
Himatsingka rounds out the list as another established name in India’s home textile export business, competing in the same broad space as Welspun and Trident. It’s consistently named among the top textile stocks in India, and while it doesn’t get quite the same spotlight as the bigger names, it plays a genuinely solid role in India’s growing home textile export story.
Frequently Asked Questions
Q1. Which textile company is genuinely the best pick for long-term investment?
A: Raymond, Vardhman Textiles, and Page Industries are consistently named as the strongest long-term picks, thanks to their strong track records, brand equity, and diversified portfolios that make them more resilient through economic cycles than pure commodity textile plays.
Q2. What exactly is the “China-plus-one” shift everyone talks about with Indian textiles?
A: It’s the structural trend of global fashion and retail brands moving supply chains out of China since 2020 due to geopolitical and supply chain risk concerns, and it’s showing up directly in the quarterly results of companies like KPR Mill, Welspun Living, and Arvind Limited as they pick up orders previously placed with Chinese manufacturers.
Q3. How does the India-UK Free Trade Agreement actually benefit Indian textile companies?
A: Signed on July 24, 2025, it grants duty-free access to 99% of India’s textile exports to the UK, removing a 9.6% apparel tariff that previously disadvantaged Indian exporters compared to countries that already had UK trade agreements, creating a roughly $1 billion incremental export opportunity.
Q4. What are technical textiles, and why do they matter for this sector?
A: Technical textiles cover industrial, medical, agricultural, and defence fibres, a genuinely high-margin, high-growth segment valued at $29 billion in 2024 and projected to hit $45 billion by 2026, backed by ₹1,480 crore in government funding through the National Technical Textiles Mission.
Q5. Which company offers the most vertically integrated manufacturing advantage?
A: KPR Mill is widely considered the most vertically integrated apparel company in India, handling spinning, weaving, knitting, dyeing, and garment manufacturing all in-house, which gives it a genuine 35-40% cost advantage over competitors who rely on outsourced production steps.
