The list of apparel manufacturers in India is quite large, and it is increasing with each passing day. And there are convincing reasons to believe so. It isn’t that companies from other parts of the globe aren’t doing a good job. What it shows is that Indian apparel manufacturers are performing better.
Let’s discuss the factors that support the Indian garment industry
1. Growing Population With Higher Income
Indian textile companies have to work harder to meet the domestic demand that is growing at a rapid pace. Indians are growing richer. Their spending power is increasing, and they want to buy branded clothes. And it is needless to say that Indian textile manufacturers are being encouraged by domestic buyers to produce quality fabrics.
2. Strong Supportive Innovative From Government
The garment industry in India is flourishing with the support of government initiatives in the form of making policies for cotton, jute, silk, wool industries, and man-made fiber. Also, the government makes policies for the decentralization of the power loom sector and finance. The government also encourages textile manufacturers to utilize the latest technology. India has an independent ministry to formulate policies for the textile industry. This ministry empowers textile manufacturers to compete with global players.
Many textile manufacturers control a considerable part of the international market in the US and Europe. Also, the textile industry employs the largest number of people in the country and contributes to the GDP. One more thing about Indian garments manufacturers is that they produce more varieties of colors and fabrics.
Top 5 Garment Exporters In India
1. Raymond Ltd.
Top garment exporter of country Raymond Ltd exports its products to over 55 countries, including the US, Europe, Canada, the Middle East, and Japan. Also, it controls over 60% of the market share in India. It is a leader in the domestic market, where it has achieved a dominant position.
2. Loyal Group
Loyal Group stands at the second position in the list of India’s top textile exporters, but it has more products and services to offer than others. It has three composite mills and a joint venture trading company with Italy. Also, it has been awarded by the government. The government award is a recognition of its export policies.
3. Mandhana Industries Ltd.
The list of top apparel exporters in India is incomplete without including the name of Mandhana Industries Ltd. This company specializes in custom apparel manufacturing, and it uses state-of-the-art infrastructure to produce quality garments. Also, the company is continuously increasing its business interests in yarn dyeing, weaving, and processing.
4. Alok Industries Ltd.
Alok Industries Ltd has made a large customer base in domestic as well as international markets. It provides end-to-end solutions for home textiles, cotton yarn, polyester yarn, apparel fabric, and garments. It is also one of the fastest-growing textile companies in the country. Its large customer base relies on its exports.
5. Arvind Mill
There is hardly anyone who isn’t familiar with the brand names, including Arrow, Flying Machine, and New Port. And these brand names belong to Arvind Mills. Starting in 1931, this brand is now one of the biggest apparel exporters in the country. Over the years, this company has started diversifying its business into other sectors, including chemicals and dyes, engineering, and advanced materials.
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