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One of the most popular options among people is to invest in textile stocks in India. This is because, in the long run, textile stocks provide substantial ROI or return on investment. Hence many people prefer to invest here. Get to know about Top 10 Textile Stocks In India
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Overview The textile sector in India alone generates over $400 billion in revenue and employs over 4.5 crore people. As a result, it is the country's second largest employer by industry. This industry has a total value of more than $50 billion. Experts believe that this is just the beginning, and that the textile sector will be worth $150 billion by 2025. Other countries have increased their need for exports throughout the years. India is also appealing to many businesses for manufacturing due to its low production costs. The industry contributed 2% to the Indian GDP in 2018-19. Moreover, over the same time period, the industry contributed 12% to export revenues and 5% to global textile and apparel commerce. Investing in textile stocks in India is one of the most popular options. This is due to the fact that, in the long run, textile stocks deliver a significant ROI (return on investment). As a result, many people opt to invest here. Get to know about the top 10 textile stocks in India in depth.
Top 10 textile stocks in India in 2023 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Jindal Worldwide Ltd Trident Ltd Arvind Ltd Vardhman Textiles Ltd Raymond Ltd Garware Technical Fibres Ltd K P R Mill Ltd Swan Energy Ltd Welspun India Ltd Siyaram Silk Mills Ltd