Textiles contribute 2 % to India’s GDP, and the nation ranks because the sixth-largest exporter of textiles globally, contributing 8.21 % to the nation’s complete exports in 2023-24. The sector holds a 4.5 % share in international commerce, with america and the European Union collectively accounting for 47 % of India’s textile and attire exports.
The nation is the second-largest producer of cotton, polyester, viscose, and silk, and the fifth-largest producer of technical textiles, with a market dimension of $22 billion. India goals to triple its textile exports from Rs. 3 lakh crore to Rs. 9 lakh crore by 2030, specializing in enhancing home manufacturing and increasing its international attain.
This formidable goal was introduced by Prime Minister Narendra Modi on the Bharat Tex 2025 occasion, the place he expressed confidence in attaining the aim forward of schedule, fueled by the present momentum within the sector.
Following are just a few textiles shares in focus as India goals to triple its textile exports to Rs 9 lakh crore by 2030:
1. Nitin Spinners Restricted
With a market capitalisation of Rs. 1,962.08 crores, the inventory moved up by round 4 % on BSE to Rs. 358.45 on Friday. In Q3 FY25, the corporate’s income from operations elevated by round 12 % YoY to Rs. 839 crores, whereas the online revenue grew by almost 40.6 % YoY to Rs. 45 crores. Included in 1992, Nitin Spinners Restricted is engaged within the enterprise of producing cotton and blended yarn, knitted materials and woven materials.
The administration has introduced an funding of Rs. 1,100 crores for its enlargement challenge, specializing in spinning, weaving, and woven materials. The funding shall be sourced via a mix of time period debt and inside accruals. The enlargement is predicted to be accomplished throughout the subsequent 24 months.
At the moment, the corporate’s spinning capability stands at ~4.81 lakh spindles, working at over 95 % capability utilization. The proposed enlargement will add about 66,096 spindles, with a manufacturing capability of twenty-two,400 MTPA.
In woven materials, the prevailing capability is round 40 million meters every year (MMPA), with a greater than 85 % utilization charge. The proposed enlargement will add ~35 million meters every year to this capability. Moreover, the prevailing renewable energy capability is eighteen.8 MW (AC), with a proposed improve of 11.2 MW (AC).
2. Gokaldas Exports Restricted
With a market capitalisation of Rs. 5,782.3 crores, the shares of one in all India’s largest producers and exporters of attire moved up by round 4.3 % on BSE to Rs. 843.75 on Friday. In Q3 FY25, the corporate’s income from operations elevated by round 79 % YoY to Rs. 988 crores, whereas the online revenue grew by almost 66.6 % YoY to Rs. 50 crores.
Gokaldas Exports Restricted is engaged within the enterprise of design, manufacture, and sale of a variety of clothes for males, girls, and youngsters and serves the wants of a number of main worldwide trend manufacturers and retailers
The corporate exports to numerous the world’s most prestigious trend manufacturers and retailers in additional than 50 nations, and at present has greater than 30 manufacturing items that may produce about 87 million clothes yearly.
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3. Vardhman Textiles Restricted
With a market capitalisation of Rs. 11,517.8 crores, the inventory moved up by round 3 % on BSE to Rs. 408.8 on Friday. In Q3 FY25, the corporate’s income from operations elevated by round 6 % YoY to Rs. 2,465 crores, whereas the online revenue grew by almost 31 % YoY to Rs. 212 crores. Vardhman Textiles Restricted is engaged within the enterprise of producing cotton yarn, artificial yarn and woven material.
As of This autumn FY25, the corporate has a complete capex of Rs. 3,400 crores, with completion anticipated by November-December 2025. Of this, Rs. 2,800 crores is allotted for ongoing initiatives, whereas a challenge price Rs. 400-500 crores is awaiting authorities approval.
4. Swan Power Restricted
With a market capitalisation of Rs. 13,854.8 crores, the inventory moved up by round 3.2 % on BSE to Rs. 462 on Friday. In Q3 FY25, the corporate’s income from operations elevated by round 20 % YoY to Rs. 1,908 crores, whereas the online revenue grew by almost 155.5 % YoY to Rs. 562 crores.
Included in 1909 as a textile firm, Swan Power has since diversified its enterprise pursuits into oil & fuel, actual property, textiles, defence and shipbuilding, in addition to petrochemical manufacturing and buying and selling. It operates a textile plant with a manufacturing capability of 100,000 meters per day.
Written by Shivani Singh
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