Indian Apparel Sector: Top 10 Valued Brands

03 June 2022, Mumbai:

Bird's Eyeview

To start with the various textile brands, we can list many companies as the textile industry is highly evolving in India, and there is rapid growth going on in the country; with the International market going down. India has risen as a hub for textile and apparel.

As discretionary spending continues to tick up, both local brands and multinationals operating in India are going all out to woo the consumer, according to a KPMG survey.

These are the following brands that have made a mark in the Indian textile and apparel industry.

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1. Vardhaman Textile Limited - Vardhaman Textiles is one of India's largest textile manufacturer. Vardhman is one of the country's most giant textile corporations, having been in operation for five decades. Vardhman Group, which began modestly in 1965, has grown into a modern-day textile powerhouse under the innovative leadership of its chairman, Mr. S. P. Oswal.

Vardhman Textiles Limited has grown steadily over the years and has a wealth of industry knowledge. The Group, which manufactures Yarn, Fabric, Acrylic Fibre, Garments, Sewing Threads, and Alloy Steel, has grown into a global corporate behemoth with operations in India and 75 countries across the world.

Vardhman is a renowned textile company in India with a strong market position and a long-term business plan. It is ranked second among India's top ten textile enterprises.

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2. Welspun India Ltd - In terms of revenue, Welspun India is one of the largest textile companies in India. Welspun India Ltd., part of the USD 2.7 billion Welspun Group, is a global leader in home textiles, supplying 17 of the top 30 global retailers. The production facilities of the company, which are located in India, are able to offer high-quality goods that meet worldwide requirements.

The data stands to a 6,828 crore rupees in revenue, 22,194 full-time and part-time employees, and 3.310 crore rupees in debt.

Welspun is one of India's most well-known textile brands. Exports currently account for more than 70% of advanced textiles revenue. As a result, it ranks third among India's top ten textile enterprises in terms of revenue.

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Arvind Ltd - Arvind Ltd is one of India's leading textile manufacturers. Arvind's fabric can now be used to round the globe six times. Every second in India, an Arvind-managed brand sells two pieces of clothing. Ahmedabad, Gujarat is the company's headquarters. It is the largest among India's top ten textile enterprises.

Arvind holds 22 worldwide environmental patents and is the country's top fire-resistant fabric maker. He also oversees 15 global garment companies, including Tommy Hilfiger, US Polo, CK, GAP, Nautica, and Sephora. Arvind is one of India's top textile brands. With the statistics standing like a market capitalization of 1,353 crores, and with a dividend yield of 3.93%.

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Trident Ltd - Trident Limited is the flagship firm of Trident Group, a US$ 1 billion Indian conglomerate and worldwide player based in Ludhiana.

Under its founder and Group Chairman Mr. Rajinder Gupta, Trident has grown from its beginnings in 1990 to becoming one of the world's most integrated home textile manufacturers.

The company is in the business of producing a wide range of yarns, bed and bath linens, paper, chemicals, and captive electricity. Barnala and Budni are home to Trident's cutting-edge production facilities (Madhya Pradesh). With a strong market share, the company is one of the major exporters of home textile items.

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Raymond Ltd - Raymond is a diversified firm with a majority of its commercial holdings in the apparel and textile sectors, as well as a presence in national and international markets in categories such as FMCG, Engineering, and Prophylactics.

It is the fourth-largest among India's top ten textile enterprises. Raymond creates 'The best fabric in the world' as a vertically and horizontally integrated textile business.

Raymond and its brands are available in tier IV and V cities, with over 1100 exclusive stores scattered over 380+ locations and an extended network of over 20,000 points-of-sale in India.

Raymond is the No. 1 brand in the OTC industry and a key participant in Shirting textiles. Raymond is the top manufacturer and chosen supplier of high-quality Ring Denim to the world's major Jeanswear companies, making him a strong player in the Denim industry. Through its garment division, the Raymond Group has a strong position in the B2-B market.

Raymond's state-of-the-art and wholly-owned businesses, such as Silver Spark Apparel Ltd, Celebrations Apparel Ltd, and Everblue Apparel Ltd, produce suits, trousers, shirts, and Jeans for top fashion brands throughout the world, and are India's sole manufacturer of full canvas luxury jackets.

1. Page Industries Ltd -

Page Industries Limited, based in Bangalore, India, is the sole licensee of Jockey International Inc. (USA) in India, Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates for the production, distribution, and marketing of the Jockey brand.

Page Industries is also Speedo International Ltd.'s official licensee in India for the production, marketing, and distribution of the Speedo brand. JOCKEY is the company's main brand and the category's market leader in innerwear. On several fronts, Page Industries and Brand Jockey have pioneered the innerwear sector..

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1. K P R Mill Ltd -

KPR Mill Limited is one of India's largest vertically integrated apparel manufacturers, producing yarn, knitted grey and dyed fabric, and ready-to-wear garments. It is ranked sixth among India's top ten textile enterprises. The Yarn division has 3,53,616 spindles and a 90,000 MT annual capacity (capacity doubling is ongoing). KPR produces Combed, Grey Melange, Carded, and Compact yarn for the world's leading brands using the most advanced technology of international standards.

2. Loyal Group -

The Loyal Group is one of India's major textile and garment group, offering a range of textile and clothing products and services. Three composite mills, one spinning mill, one dye house, four garment facilities, one trading firm, and a joint venture company in Italy make up the Loyal Group. It is also one of India's leading garment exporters, having received official recognition.

3. Bombay Ryon Fashions Ltd -

Bombay Rayon Fashions Ltd is a vertically integrated textile and apparel firm that produces a diverse variety of textiles and garments in state-of-the-art manufacturing facilities. Apart from being India's largest shirt maker, Bombay Rayon Fashions Ltd now employs over 38,000 people and produces over 90 million garments each year. With its high employment, it has been a continuous contributor to India's GDP.

4. Mandhana Industries Ltd - Mandhana is a multi-divisional textile and apparel producer with numerous sites in India. With state-of-the-art infrastructure, the firm specialises in bespoke clothes production. Designing, yarn dyeing, weaving, processing, printing, and garment production are all part of Mandhana's business.

In Summary

Conventionally, brands that offer a bespoke level of personalisation, brand philosophy, core DNA & ethos of dedication, and commitment to meet consumer expectations are key parameters ranking high among consumers.

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